Monthly Rent Report
Pasadena Rent Report — March 2024
Asking rents in ZIP 91104, Los Angeles, from 140 listings.
Median 1BR rent in Pasadena was $1,800 in March 2024, down 10.0% (−$199) from February 2024 and down 2.7% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,948. That puts Pasadena $345 below the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 140 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,666 | −$533 (-24.2%) | +$71 (+4.5%) | $1,666 – $1,666 | 3 |
| Studio | $1,800 | −$399 (-18.1%) | +$205 (+12.9%) | $1,761 – $1,925 | 22 |
| 1BR | $1,800 | −$199 (-10.0%) | −$50 (-2.7%) | $1,800 – $1,948 | 3 |
| 1BR | $2,100 | +$101 (+5.1%) | +$250 (+13.5%) | $2,000 – $2,200 | 39 |
| 2BR | $3,400 | +$1,205 (+54.9%) | +$105 (+3.2%) | $3,113 – $3,600 | 50 |
| 2BR | $2,195 | $0 (0.0%) | −$1,100 (-33.4%) | $2,195 – $2,195 | 2 |
| 3BR | $5,500 | +$1,550 (+39.2%) | +$1,300 (+31.0%) | $4,500 – $5,700 | 9 |
| 3BR | $3,395 | −$555 (-14.1%) | −$805 (-19.2%) | $3,395 – $3,395 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,666 | $1,723 | −$56 (-3.3%) |
| Studio | $1,800 | $1,723 | +$78 (+4.5%) |
| 1BR | $1,800 | $2,145 | −$345 (-16.1%) |
| 1BR | $2,100 | $2,145 | −$45 (-2.1%) |
| 2BR | $3,400 | $2,850 | +$550 (+19.3%) |
| 2BR | $2,195 | $2,850 | −$655 (-23.0%) |
| 3BR | $5,500 | $3,762 | +$1,738 (+46.2%) |
| 3BR | $3,395 | $3,762 | −$367 (-9.8%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.