Monthly Rent Report
Pasadena Rent Report — October 2023
Asking rents in ZIP 91103, Los Angeles, from 42 listings.
Median 1BR rent in Pasadena was $2,338 in October 2023, up 14.2% (+$290) from September 2023 and up 17.2% year-over-year. The middle half of 1BR listings asked between $2,071 and $2,913. That puts Pasadena $340 above the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 42 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,175 | −$551 (-20.2%) | −$1,234 (-36.2%) | $2,175 – $2,263 | 3 |
| Studio | $2,619 | −$107 (-3.9%) | −$790 (-23.2%) | $2,407 – $2,674 | 10 |
| 1BR | $2,338 | +$290 (+14.2%) | +$343 (+17.2%) | $2,071 – $2,913 | 12 |
| 1BR | $1,300 | −$747 (-36.5%) | −$695 (-34.8%) | $1,275 – $1,325 | 2 |
| 2BR | $2,938 | +$643 (+28.0%) | −$2,562 (-46.6%) | $2,540 – $4,413 | 10 |
| 2BR | $3,900 | +$1,605 (+69.9%) | −$1,600 (-29.1%) | $3,900 – $3,900 | 1 |
| 3BR | $3,495 | −$102 (-2.8%) | −$305 (-8.0%) | $3,495 – $3,495 | 1 |
| 3BR | $3,600 | +$3 (+0.1%) | −$200 (-5.3%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — October 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,175 | $1,700 | +$475 (+27.9%) |
| Studio | $2,619 | $1,700 | +$919 (+54.1%) |
| 1BR | $2,338 | $1,998 | +$340 (+17.0%) |
| 1BR | $1,300 | $1,998 | −$697 (-34.9%) |
| 2BR | $2,938 | $2,750 | +$188 (+6.8%) |
| 2BR | $3,900 | $2,750 | +$1,150 (+41.8%) |
| 3BR | $3,495 | $4,195 | −$700 (-16.7%) |
| 3BR | $3,600 | $4,195 | −$595 (-14.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.