Monthly Rent Report
Pasadena Rent Report — March 2023
Asking rents in ZIP 91104, Los Angeles, from 133 listings.
Median 1BR rent in Pasadena was $1,850 in March 2023, up 3.5% (+$63) from February 2023 and down 11.9% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Pasadena $247 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 133 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,766 | +$98 (+5.9%) | +$110 (+6.6%) | $1,766 – $1,766 | 2 |
| Studio | $1,595 | −$73 (-4.4%) | −$61 (-3.7%) | $1,550 – $1,850 | 15 |
| 1BR | $1,850 | +$63 (+3.5%) | −$250 (-11.9%) | $1,850 – $1,850 | 1 |
| 1BR | $1,950 | +$163 (+9.1%) | −$150 (-7.2%) | $1,800 – $2,250 | 44 |
| 2BR | $2,550 | +$575 (+29.1%) | −$450 (-15.0%) | $2,400 – $3,224 | 40 |
| 2BR | $3,295 | +$1,320 (+66.8%) | +$295 (+9.8%) | $3,295 – $3,295 | 1 |
| 3BR | $4,200 | $0 (0.0%) | +$700 (+20.0%) | $4,000 – $4,425 | 10 |
| 3BR | $4,200 | $0 (0.0%) | +$700 (+20.0%) | $3,525 – $4,300 | 15 |
| 4BR | $4,400 | +$550 (+14.3%) | — | $4,400 – $4,400 | 3 |
| 4BR | $4,400 | +$550 (+14.3%) | — | $4,400 – $4,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,766 | $1,745 | +$21 (+1.2%) |
| Studio | $1,595 | $1,745 | −$150 (-8.6%) |
| 1BR | $1,850 | $2,097 | −$247 (-11.8%) |
| 1BR | $1,950 | $2,097 | −$147 (-7.0%) |
| 2BR | $2,550 | $2,750 | −$200 (-7.3%) |
| 2BR | $3,295 | $2,750 | +$545 (+19.8%) |
| 3BR | $4,200 | $3,923 | +$278 (+7.1%) |
| 3BR | $4,200 | $3,923 | +$278 (+7.1%) |
| 4BR | $4,400 | $4,760 | −$360 (-7.6%) |
| 4BR | $4,400 | $4,760 | −$360 (-7.6%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.