Monthly Rent Report
Pasadena Rent Report — December 2023
Asking rents in ZIP 91103, Los Angeles, from 112 listings.
Median 1BR rent in Pasadena was $2,200 in December 2023, down 2.2% (−$50) from November 2023 and down 16.0% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Pasadena $71 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 112 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,987 | +$510 (+20.6%) | +$1,137 (+61.5%) | $2,477 – $3,373 | 55 |
| Studio | $2,915 | +$438 (+17.7%) | +$1,065 (+57.6%) | $2,444 – $3,242 | 31 |
| 1BR | $2,200 | −$50 (-2.2%) | −$418 (-16.0%) | $2,200 – $2,200 | 3 |
| 1BR | $2,601 | +$351 (+15.6%) | −$17 (-0.6%) | $2,544 – $2,658 | 2 |
| 2BR | $3,303 | −$166 (-4.8%) | −$759 (-18.7%) | $3,303 – $3,303 | 1 |
| 2BR | $3,875 | +$406 (+11.7%) | −$187 (-4.6%) | $3,838 – $3,913 | 2 |
| 3BR | $3,800 | $0 (0.0%) | −$400 (-9.5%) | $3,495 – $3,900 | 17 |
| 3BR | $3,995 | +$195 (+5.1%) | −$205 (-4.9%) | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — December 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,987 | $1,750 | +$1,237 (+70.7%) |
| Studio | $2,915 | $1,750 | +$1,165 (+66.6%) |
| 1BR | $2,200 | $2,129 | +$71 (+3.3%) |
| 1BR | $2,601 | $2,129 | +$472 (+22.2%) |
| 2BR | $3,303 | $2,795 | +$508 (+18.2%) |
| 2BR | $3,875 | $2,795 | +$1,080 (+38.6%) |
| 3BR | $3,800 | $3,923 | −$122 (-3.1%) |
| 3BR | $3,995 | $3,923 | +$73 (+1.8%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.