Monthly Rent Report
Pasadena Rent Report — November 2023
Asking rents in ZIP 91104, Los Angeles, from 120 listings.
Median 1BR rent in Pasadena was $2,195 in November 2023, up 18.6% (+$345) from October 2023 and up 4.5% year-over-year. The middle half of 1BR listings asked between $2,025 and $2,200. That puts Pasadena $70 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 120 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,840 | −$155 (-7.8%) | −$260 (-12.4%) | $1,800 – $1,884 | 18 |
| Studio | $1,840 | −$155 (-7.8%) | −$260 (-12.4%) | $1,800 – $1,884 | 18 |
| 1BR | $2,195 | +$345 (+18.6%) | +$95 (+4.5%) | $2,025 – $2,200 | 39 |
| 1BR | $1,892 | +$42 (+2.3%) | −$208 (-9.9%) | $1,892 – $1,892 | 2 |
| 2BR | $1,595 | −$827 (-34.2%) | −$555 (-25.8%) | $1,595 – $1,595 | 6 |
| 2BR | $2,900 | +$478 (+19.7%) | +$750 (+34.9%) | $2,900 – $2,900 | 1 |
| 3BR | $4,650 | +$1,450 (+45.3%) | +$150 (+3.3%) | $4,500 – $5,000 | 10 |
| 3BR | $4,500 | +$1,300 (+40.6%) | $0 (0.0%) | $4,500 – $4,500 | 1 |
| 4BR | $3,880 | −$3,120 (-44.6%) | −$120 (-3.0%) | $3,880 – $3,880 | 1 |
| 4BR | $5,700 | −$1,300 (-18.6%) | +$1,700 (+42.5%) | $5,238 – $5,700 | 8 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — November 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,840 | $1,775 | +$65 (+3.7%) |
| Studio | $1,840 | $1,775 | +$65 (+3.7%) |
| 1BR | $2,195 | $2,125 | +$70 (+3.3%) |
| 1BR | $1,892 | $2,125 | −$233 (-11.0%) |
| 2BR | $1,595 | $2,795 | −$1,200 (-42.9%) |
| 2BR | $2,900 | $2,795 | +$105 (+3.8%) |
| 3BR | $4,650 | $3,950 | +$700 (+17.7%) |
| 3BR | $4,500 | $3,950 | +$550 (+13.9%) |
| 4BR | $3,880 | $4,994 | −$1,114 (-22.3%) |
| 4BR | $5,700 | $4,994 | +$706 (+14.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.