Monthly Rent Report
Pasadena Rent Report — May 2023
Asking rents in ZIP 91104, Los Angeles, from 61 listings.
Median 1BR rent in Pasadena was $1,695 in May 2023, down 14.0% (−$275) from April 2023 and down 5.1% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Pasadena $427 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 61 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,787 | +$87 (+5.1%) | +$125 (+7.5%) | $1,787 – $1,787 | 2 |
| Studio | $1,787 | +$87 (+5.1%) | +$125 (+7.5%) | $1,787 – $1,787 | 2 |
| 1BR | $1,695 | −$275 (-14.0%) | −$92 (-5.1%) | $1,695 – $1,695 | 1 |
| 1BR | $1,999 | +$29 (+1.5%) | +$212 (+11.9%) | $1,895 – $2,173 | 22 |
| 2BR | $2,200 | −$472 (-17.7%) | +$50 (+2.3%) | $2,200 – $2,200 | 1 |
| 2BR | $2,550 | −$122 (-4.6%) | +$400 (+18.6%) | $2,400 – $3,100 | 10 |
| 3BR | $3,650 | −$150 (-3.9%) | +$1,055 (+40.7%) | $3,650 – $3,650 | 1 |
| 3BR | $4,200 | +$400 (+10.5%) | +$1,605 (+61.8%) | $3,662 – $4,781 | 10 |
| 4BR | $4,100 | −$800 (-16.3%) | — | $4,038 – $4,225 | 4 |
| 4BR | $4,100 | −$800 (-16.3%) | — | $4,038 – $4,225 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,787 | $1,750 | +$37 (+2.1%) |
| Studio | $1,787 | $1,750 | +$37 (+2.1%) |
| 1BR | $1,695 | $2,122 | −$427 (-20.1%) |
| 1BR | $1,999 | $2,122 | −$123 (-5.8%) |
| 2BR | $2,200 | $2,780 | −$580 (-20.9%) |
| 2BR | $2,550 | $2,780 | −$230 (-8.3%) |
| 3BR | $3,650 | $3,943 | −$292 (-7.4%) |
| 3BR | $4,200 | $3,943 | +$258 (+6.5%) |
| 4BR | $4,100 | $5,000 | −$900 (-18.0%) |
| 4BR | $4,100 | $5,000 | −$900 (-18.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.