Monthly Rent Report
Pasadena Rent Report — February 2024
Asking rents in ZIP 91104, Los Angeles, from 101 listings.
Median 1BR rent in Pasadena was $1,999 in February 2024, down 4.6% (−$96) from January 2024 and down 10.2% year-over-year. The middle half of 1BR listings asked between $1,845 and $2,100. That puts Pasadena $196 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 101 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,199 | +$249 (+12.8%) | +$399 (+22.2%) | $1,850 – $2,199 | 7 |
| Studio | $2,199 | +$249 (+12.8%) | +$399 (+22.2%) | $1,850 – $2,199 | 7 |
| 1BR | $1,999 | −$96 (-4.6%) | −$226 (-10.2%) | $1,845 – $2,100 | 33 |
| 1BR | $1,772 | −$323 (-15.4%) | −$453 (-20.4%) | $1,734 – $1,811 | 2 |
| 2BR | $2,195 | $0 (0.0%) | +$220 (+11.1%) | $2,195 – $2,195 | 1 |
| 2BR | $2,500 | +$305 (+13.9%) | +$525 (+26.6%) | $2,500 – $3,165 | 23 |
| 3BR | $3,950 | +$450 (+12.9%) | −$250 (-6.0%) | $3,495 – $3,980 | 19 |
| 3BR | $2,600 | −$900 (-25.7%) | −$1,600 (-38.1%) | $2,600 – $2,600 | 1 |
| 4BR | $6,200 | −$400 (-6.1%) | +$2,350 (+61.0%) | $6,200 – $6,600 | 3 |
| 4BR | $6,200 | −$400 (-6.1%) | +$2,350 (+61.0%) | $6,200 – $6,600 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — February 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,199 | $1,750 | +$450 (+25.7%) |
| Studio | $2,199 | $1,750 | +$450 (+25.7%) |
| 1BR | $1,999 | $2,195 | −$196 (-8.9%) |
| 1BR | $1,772 | $2,195 | −$423 (-19.3%) |
| 2BR | $2,195 | $2,850 | −$655 (-23.0%) |
| 2BR | $2,500 | $2,850 | −$350 (-12.3%) |
| 3BR | $3,950 | $3,995 | −$45 (-1.1%) |
| 3BR | $2,600 | $3,995 | −$1,395 (-34.9%) |
| 4BR | $6,200 | $5,000 | +$1,200 (+24.0%) |
| 4BR | $6,200 | $5,000 | +$1,200 (+24.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.