Monthly Rent Report
Pasadena Rent Report — March 2024
Asking rents in ZIP 91103, Los Angeles, from 721 listings.
Median 1BR rent in Pasadena was $3,012 in March 2024, up 17.3% (+$444) from February 2024 and up 0.2% year-over-year. The middle half of 1BR listings asked between $2,761 and $3,218. That puts Pasadena $867 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 721 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | $0 (0.0%) | −$300 (-16.2%) | $1,550 – $1,550 | 1 |
| Studio | $3,079 | +$1,529 (+98.6%) | +$1,229 (+66.4%) | $2,891 – $4,259 | 82 |
| 1BR | $3,012 | +$444 (+17.3%) | +$5 (+0.2%) | $2,761 – $3,218 | 335 |
| 1BR | $2,687 | +$119 (+4.6%) | −$320 (-10.7%) | $2,443 – $2,836 | 4 |
| 2BR | $3,598 | −$572 (-13.7%) | −$29 (-0.8%) | $3,448 – $3,606 | 3 |
| 2BR | $4,674 | +$504 (+12.1%) | +$1,047 (+28.8%) | $3,977 – $5,003 | 249 |
| 3BR | $4,950 | −$549 (-10.0%) | +$950 (+23.8%) | $4,000 – $7,432 | 27 |
| 3BR | $3,345 | −$2,154 (-39.2%) | −$655 (-16.4%) | $2,670 – $4,020 | 2 |
| 4BR | $7,800 | −$950 (-10.9%) | +$3,550 (+83.5%) | $5,561 – $7,800 | 8 |
| 4BR | $6,098 | −$2,652 (-30.3%) | +$1,848 (+43.5%) | $4,395 – $7,800 | 8 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,723 | −$172 (-10.0%) |
| Studio | $3,079 | $1,723 | +$1,356 (+78.7%) |
| 1BR | $3,012 | $2,145 | +$867 (+40.4%) |
| 1BR | $2,687 | $2,145 | +$542 (+25.2%) |
| 2BR | $3,598 | $2,850 | +$748 (+26.2%) |
| 2BR | $4,674 | $2,850 | +$1,824 (+64.0%) |
| 3BR | $4,950 | $3,762 | +$1,188 (+31.6%) |
| 3BR | $3,345 | $3,762 | −$417 (-11.1%) |
| 4BR | $7,800 | $4,950 | +$2,850 (+57.6%) |
| 4BR | $6,098 | $4,950 | +$1,148 (+23.2%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.