Monthly Rent Report
Pasadena Rent Report — August 2023
Asking rents in ZIP 91104, Los Angeles, from 20 listings.
Median 1BR rent in Pasadena was $2,195 in August 2023, up 2.1% (+$45) from July 2023 and up 29.5% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,195. That puts Pasadena $95 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 20 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,815 | −$180 (-9.0%) | +$115 (+6.8%) | $1,665 – $1,909 | 8 |
| Studio | $1,766 | −$229 (-11.5%) | +$66 (+3.9%) | $1,766 – $1,766 | 1 |
| 1BR | $2,195 | +$45 (+2.1%) | +$500 (+29.5%) | $2,195 – $2,195 | 1 |
| 1BR | $1,700 | −$450 (-20.9%) | +$5 (+0.3%) | $1,700 – $1,700 | 1 |
| 2BR | $3,500 | +$5 (+0.1%) | +$453 (+14.8%) | $3,500 – $3,500 | 1 |
| 2BR | $4,200 | +$705 (+20.2%) | +$1,153 (+37.8%) | $4,200 – $4,200 | 1 |
| 3BR | $4,500 | $0 (0.0%) | +$600 (+15.4%) | $4,500 – $4,500 | 1 |
| 3BR | $5,800 | +$1,300 (+28.9%) | +$1,900 (+48.7%) | $5,800 – $5,800 | 1 |
| 4BR | $4,700 | −$600 (-11.3%) | — | $4,700 – $4,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — August 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,815 | $1,775 | +$40 (+2.3%) |
| Studio | $1,766 | $1,775 | −$9 (-0.5%) |
| 1BR | $2,195 | $2,100 | +$95 (+4.5%) |
| 1BR | $1,700 | $2,100 | −$400 (-19.0%) |
| 2BR | $3,500 | $2,895 | +$605 (+20.9%) |
| 2BR | $4,200 | $2,895 | +$1,305 (+45.1%) |
| 3BR | $4,500 | $3,897 | +$603 (+15.5%) |
| 3BR | $5,800 | $3,897 | +$1,903 (+48.8%) |
| 4BR | $4,700 | $5,163 | −$462 (-9.0%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.