Monthly Rent Report
Pasadena Rent Report — October 2023
Asking rents in ZIP 91104, Los Angeles, from 68 listings.
Median 1BR rent in Pasadena was $1,850 in October 2023, up 0.1% (+$3) from September 2023 and down 14.0% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Pasadena $148 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 68 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$166 (-9.4%) | −$200 (-11.1%) | $1,523 – $1,748 | 3 |
| Studio | $1,995 | +$229 (+13.0%) | +$195 (+10.8%) | $1,995 – $1,995 | 1 |
| 1BR | $1,850 | +$3 (+0.1%) | −$300 (-14.0%) | $1,850 – $1,850 | 1 |
| 1BR | $1,945 | +$98 (+5.3%) | −$205 (-9.5%) | $1,813 – $2,334 | 14 |
| 2BR | $3,150 | −$587 (-15.7%) | +$455 (+16.9%) | $2,545 – $3,300 | 23 |
| 2BR | $2,423 | −$1,315 (-35.2%) | −$272 (-10.1%) | $2,409 – $2,436 | 2 |
| 3BR | $3,200 | −$1,300 (-28.9%) | −$595 (-15.7%) | $3,200 – $3,200 | 1 |
| 3BR | $5,000 | +$500 (+11.1%) | +$1,205 (+31.8%) | $4,500 – $6,500 | 7 |
| 4BR | $7,000 | +$1,500 (+27.3%) | +$1,655 (+31.0%) | $7,000 – $7,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — October 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,700 | −$100 (-5.9%) |
| Studio | $1,995 | $1,700 | +$295 (+17.4%) |
| 1BR | $1,850 | $1,998 | −$147 (-7.4%) |
| 1BR | $1,945 | $1,998 | −$52 (-2.6%) |
| 2BR | $3,150 | $2,750 | +$400 (+14.5%) |
| 2BR | $2,423 | $2,750 | −$327 (-11.9%) |
| 3BR | $3,200 | $4,195 | −$995 (-23.7%) |
| 3BR | $5,000 | $4,195 | +$805 (+19.2%) |
| 4BR | $7,000 | $5,275 | +$1,725 (+32.7%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.