Monthly Rent Report
Pasadena Rent Report — February 2024
Asking rents in ZIP 91103, Los Angeles, from 472 listings.
Median 1BR rent in Pasadena was $3,001 in February 2024, up 1.1% (+$33) from January 2024 and down 11.4% year-over-year. The middle half of 1BR listings asked between $2,734 and $3,358. That puts Pasadena $806 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 472 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$1,774 (-53.4%) | −$1,627 (-51.2%) | $1,550 – $1,550 | 1 |
| Studio | $3,319 | −$5 (-0.2%) | +$142 (+4.5%) | $2,477 – $3,629 | 63 |
| 1BR | $3,001 | +$33 (+1.1%) | −$386 (-11.4%) | $2,734 – $3,358 | 192 |
| 1BR | $2,568 | −$400 (-13.5%) | −$819 (-24.2%) | $2,530 – $2,625 | 8 |
| 2BR | $4,170 | +$544 (+15.0%) | +$1,823 (+77.6%) | $3,683 – $4,971 | 155 |
| 2BR | $3,443 | −$183 (-5.0%) | +$1,096 (+46.7%) | $3,435 – $3,451 | 2 |
| 3BR | $5,499 | +$1,499 (+37.5%) | −$701 (-11.3%) | $3,995 – $6,048 | 30 |
| 3BR | $3,495 | −$505 (-12.6%) | −$2,705 (-43.6%) | $3,495 – $3,495 | 1 |
| 4BR | $8,000 | −$950 (-10.6%) | +$4,050 (+102.5%) | $8,000 – $8,750 | 5 |
| 4BR | $8,750 | −$200 (-2.2%) | +$4,800 (+121.5%) | $7,900 – $9,000 | 13 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — February 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,750 | −$199 (-11.4%) |
| Studio | $3,319 | $1,750 | +$1,570 (+89.7%) |
| 1BR | $3,001 | $2,195 | +$806 (+36.7%) |
| 1BR | $2,568 | $2,195 | +$373 (+17.0%) |
| 2BR | $4,170 | $2,850 | +$1,320 (+46.3%) |
| 2BR | $3,443 | $2,850 | +$593 (+20.8%) |
| 3BR | $5,499 | $3,995 | +$1,504 (+37.6%) |
| 3BR | $3,495 | $3,995 | −$500 (-12.5%) |
| 4BR | $8,000 | $5,000 | +$3,000 (+60.0%) |
| 4BR | $8,750 | $5,000 | +$3,750 (+75.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.