Monthly Rent Report
Pasadena Rent Report — May 2024
Asking rents in ZIP 91103, Los Angeles, from 912 listings.
Median 1BR rent in Pasadena was $2,480 in May 2024, down 11.8% (−$331) from April 2024 and up 13.0% year-over-year. The middle half of 1BR listings asked between $2,480 and $2,480. That puts Pasadena $385 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 912 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | −$1,259 (-39.2%) | −$859 (-30.6%) | $1,950 – $1,950 | 2 |
| Studio | $1,950 | −$1,259 (-39.2%) | −$859 (-30.6%) | $1,950 – $1,950 | 2 |
| 1BR | $2,480 | −$331 (-11.8%) | +$285 (+13.0%) | $2,480 – $2,480 | 1 |
| 1BR | $3,205 | +$394 (+14.0%) | +$1,010 (+46.0%) | $2,959 – $3,300 | 416 |
| 2BR | $4,470 | +$1,970 (+78.8%) | +$2,170 (+94.3%) | $3,644 – $4,953 | 444 |
| 2BR | $3,330 | +$830 (+33.2%) | +$1,030 (+44.8%) | $3,245 – $3,349 | 6 |
| 3BR | $3,500 | −$700 (-16.7%) | −$300 (-7.9%) | $3,500 – $3,500 | 1 |
| 3BR | $6,065 | +$1,865 (+44.4%) | +$2,265 (+59.6%) | $4,500 – $7,281 | 30 |
| 4BR | $8,500 | +$2,403 (+39.4%) | +$700 (+9.0%) | $8,500 – $8,500 | 1 |
| 4BR | $5,995 | −$102 (-1.7%) | −$1,805 (-23.1%) | $5,995 – $7,800 | 9 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,795 | +$155 (+8.6%) |
| Studio | $1,950 | $1,795 | +$155 (+8.6%) |
| 1BR | $2,480 | $2,095 | +$385 (+18.4%) |
| 1BR | $3,205 | $2,095 | +$1,110 (+53.0%) |
| 2BR | $4,470 | $2,850 | +$1,620 (+56.8%) |
| 2BR | $3,330 | $2,850 | +$480 (+16.8%) |
| 3BR | $3,500 | $3,969 | −$468 (-11.8%) |
| 3BR | $6,065 | $3,969 | +$2,097 (+52.8%) |
| 4BR | $8,500 | $5,175 | +$3,325 (+64.3%) |
| 4BR | $5,995 | $5,175 | +$820 (+15.8%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.