Monthly Rent Report
Pasadena Rent Report — September 2023
Asking rents in ZIP 91104, Los Angeles, from 21 listings.
Median 1BR rent in Pasadena was $1,650 in September 2023, down 2.9% (−$50) from August 2023 and down 17.3% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Pasadena $350 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 21 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,766 | $0 (0.0%) | +$91 (+5.4%) | $1,766 – $1,766 | 1 |
| Studio | $1,840 | +$74 (+4.2%) | +$165 (+9.9%) | $1,790 – $1,995 | 5 |
| 1BR | $1,650 | −$50 (-2.9%) | −$345 (-17.3%) | $1,650 – $1,650 | 1 |
| 1BR | $1,848 | +$148 (+8.7%) | −$147 (-7.4%) | $1,775 – $1,896 | 4 |
| 2BR | $2,395 | −$1,105 (-31.6%) | −$300 (-11.1%) | $2,395 – $2,395 | 1 |
| 2BR | $3,738 | +$238 (+6.8%) | +$1,043 (+38.7%) | $3,356 – $4,119 | 2 |
| 3BR | $4,500 | $0 (0.0%) | +$705 (+18.6%) | $4,250 – $4,500 | 3 |
| 3BR | $4,700 | +$200 (+4.4%) | +$905 (+23.8%) | $4,700 – $4,700 | 1 |
| 4BR | $5,500 | +$800 (+17.0%) | −$1,000 (-15.4%) | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — September 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,766 | $1,795 | −$29 (-1.6%) |
| Studio | $1,840 | $1,795 | +$45 (+2.5%) |
| 1BR | $1,650 | $2,000 | −$350 (-17.5%) |
| 1BR | $1,848 | $2,000 | −$152 (-7.6%) |
| 2BR | $2,395 | $2,750 | −$355 (-12.9%) |
| 2BR | $3,738 | $2,750 | +$988 (+35.9%) |
| 3BR | $4,500 | $3,948 | +$553 (+14.0%) |
| 3BR | $4,700 | $3,948 | +$753 (+19.1%) |
| 4BR | $5,500 | $5,000 | +$500 (+10.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.