Monthly Rent Report

Pasadena Rent Report — February 2023

Asking rents in ZIP 91104, Los Angeles, from 110 listings.

Median 1BR rent in Pasadena was $1,787 in February 2023, down 14.9% (−$313) from January 2023 and down 10.4% year-over-year. The middle half of 1BR listings asked between $1,787 and $1,787. That puts Pasadena $338 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 110 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2023Vs. February 2022P25–P75 RangeListings
Studio$1,668$0 (0.0%)+$368 (+28.3%)$1,668 – $1,6682
Studio$1,800+$132 (+7.9%)+$500 (+38.5%)$1,600 – $2,00017
1BR$1,787−$313 (-14.9%)−$208 (-10.4%)$1,787 – $1,7873
1BR$2,225+$125 (+6.0%)+$230 (+11.5%)$2,000 – $2,57622
2BR$1,975−$1,475 (-42.8%)+$475 (+31.7%)$1,975 – $1,9751
2BR$3,200−$250 (-7.2%)+$1,700 (+113.3%)$2,500 – $3,37539
3BR$4,200−$190 (-4.3%)+$1,050 (+33.3%)$3,455 – $4,2758
3BR$4,200−$190 (-4.3%)+$1,050 (+33.3%)$3,455 – $4,2758
4BR$3,850−$1,025 (-21.0%)−$845 (-18.0%)$3,850 – $3,8501
4BR$3,850−$1,025 (-21.0%)−$845 (-18.0%)$3,850 – $3,8501

Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.

Pasadena vs. Los AngelesFebruary 2023

BedroomsPasadena MedianLos Angeles Citywide MedianDifference
Studio$1,668$1,795−$127 (-7.1%)
Studio$1,800$1,795+$5 (+0.3%)
1BR$1,787$2,125−$338 (-15.9%)
1BR$2,225$2,125+$100 (+4.7%)
2BR$1,975$2,773−$798 (-28.8%)
2BR$3,200$2,773+$427 (+15.4%)
3BR$4,200$3,850+$350 (+9.1%)
3BR$4,200$3,850+$350 (+9.1%)
4BR$3,850$4,695−$845 (-18.0%)
4BR$3,850$4,695−$845 (-18.0%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.

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