Monthly Rent Report
Pasadena Rent Report — January 2024
Asking rents in ZIP 91104, Los Angeles, from 66 listings.
Median 1BR rent in Pasadena was $1,845 in January 2024, down 2.9% (−$55) from December 2023 and down 6.6% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,150. That puts Pasadena $252 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 66 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | +$200 (+11.4%) | +$282 (+16.9%) | $1,575 – $1,950 | 7 |
| Studio | $1,950 | +$200 (+11.4%) | +$282 (+16.9%) | $1,669 – $1,950 | 6 |
| 1BR | $1,845 | −$55 (-2.9%) | −$130 (-6.6%) | $1,800 – $2,150 | 13 |
| 1BR | $2,095 | +$195 (+10.3%) | +$120 (+6.1%) | $2,095 – $2,095 | 1 |
| 2BR | $2,845 | −$750 (-20.9%) | −$2,155 (-43.1%) | $2,495 – $3,450 | 20 |
| 2BR | $2,195 | −$1,400 (-38.9%) | −$2,805 (-56.1%) | $2,195 – $2,195 | 1 |
| 3BR | $3,500 | −$200 (-5.4%) | −$2,000 (-36.4%) | $2,900 – $3,950 | 9 |
| 3BR | $3,300 | −$400 (-10.8%) | −$2,200 (-40.0%) | $3,300 – $3,300 | 2 |
| 4BR | $7,000 | +$3,505 (+100.3%) | +$2,125 (+43.6%) | $6,600 – $7,000 | 3 |
| 4BR | $6,600 | +$3,105 (+88.8%) | +$1,725 (+35.4%) | $6,400 – $6,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — January 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,750 | +$200 (+11.4%) |
| Studio | $1,950 | $1,750 | +$200 (+11.4%) |
| 1BR | $1,845 | $2,097 | −$251 (-12.0%) |
| 1BR | $2,095 | $2,097 | −$1 (-0.1%) |
| 2BR | $2,845 | $2,795 | +$50 (+1.8%) |
| 2BR | $2,195 | $2,795 | −$600 (-21.5%) |
| 3BR | $3,500 | $3,950 | −$450 (-11.4%) |
| 3BR | $3,300 | $3,950 | −$650 (-16.5%) |
| 4BR | $7,000 | $5,200 | +$1,800 (+34.6%) |
| 4BR | $6,600 | $5,200 | +$1,400 (+26.9%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.