Monthly Rent Report
Pasadena Rent Report — December 2023
Asking rents in ZIP 91104, Los Angeles, from 50 listings.
Median 1BR rent in Pasadena was $1,900 in December 2023, up 0.4% (+$8) from November 2023 and down 10.6% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,025. That puts Pasadena $229 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 50 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$90 (-4.9%) | +$82 (+4.9%) | $1,750 – $1,750 | 5 |
| Studio | $1,666 | −$174 (-9.5%) | −$2 (-0.1%) | $1,666 – $1,666 | 1 |
| 1BR | $1,900 | +$8 (+0.4%) | −$224 (-10.6%) | $1,800 – $2,025 | 8 |
| 1BR | $1,895 | +$3 (+0.2%) | −$229 (-10.8%) | $1,895 – $1,895 | 1 |
| 2BR | $3,595 | +$2,000 (+125.4%) | +$795 (+28.4%) | $3,595 – $3,595 | 1 |
| 2BR | $3,000 | +$1,405 (+88.1%) | +$200 (+7.1%) | $3,000 – $3,200 | 7 |
| 3BR | $3,700 | −$950 (-20.4%) | −$800 (-17.8%) | $3,700 – $4,375 | 10 |
| 3BR | $3,700 | −$950 (-20.4%) | −$800 (-17.8%) | $2,950 – $3,700 | 5 |
| 4BR | $3,495 | −$385 (-9.9%) | −$1,500 (-30.0%) | $3,495 – $5,700 | 5 |
| 4BR | $3,495 | −$385 (-9.9%) | −$1,500 (-30.0%) | $3,495 – $3,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — December 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,750 | $0 (0.0%) |
| Studio | $1,666 | $1,750 | −$84 (-4.8%) |
| 1BR | $1,900 | $2,129 | −$229 (-10.8%) |
| 1BR | $1,895 | $2,129 | −$234 (-11.0%) |
| 2BR | $3,595 | $2,795 | +$800 (+28.6%) |
| 2BR | $3,000 | $2,795 | +$205 (+7.3%) |
| 3BR | $3,700 | $3,923 | −$222 (-5.7%) |
| 3BR | $3,700 | $3,923 | −$222 (-5.7%) |
| 4BR | $3,495 | $4,750 | −$1,255 (-26.4%) |
| 4BR | $3,495 | $4,750 | −$1,255 (-26.4%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.