Monthly Rent Report
Pasadena Rent Report — May 2024
Asking rents in ZIP 91104, Los Angeles, from 190 listings.
Median 1BR rent in Pasadena was $1,695 in May 2024, down 19.1% (−$400) from April 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Pasadena $400 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 190 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,798 | −$27 (-1.5%) | +$11 (+0.6%) | $1,590 – $2,050 | 20 |
| Studio | $1,666 | −$159 (-8.7%) | −$121 (-6.8%) | $1,666 – $1,691 | 4 |
| 1BR | $1,695 | −$400 (-19.1%) | $0 (0.0%) | $1,695 – $1,695 | 1 |
| 1BR | $2,000 | −$95 (-4.5%) | +$305 (+18.0%) | $1,849 – $2,250 | 69 |
| 2BR | $3,025 | +$330 (+12.2%) | +$475 (+18.6%) | $2,538 – $3,413 | 48 |
| 2BR | $2,500 | −$195 (-7.2%) | −$50 (-2.0%) | $2,500 – $2,500 | 1 |
| 3BR | $3,400 | −$1,800 (-34.6%) | −$250 (-6.8%) | $3,400 – $3,400 | 1 |
| 3BR | $4,800 | −$400 (-7.7%) | +$1,150 (+31.5%) | $3,875 – $5,500 | 31 |
| 4BR | $5,000 | −$1,800 (-26.5%) | +$900 (+22.0%) | $4,750 – $6,500 | 7 |
| 4BR | $4,700 | −$2,100 (-30.9%) | +$600 (+14.6%) | $4,700 – $4,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,798 | $1,795 | +$3 (+0.1%) |
| Studio | $1,666 | $1,795 | −$129 (-7.2%) |
| 1BR | $1,695 | $2,095 | −$400 (-19.1%) |
| 1BR | $2,000 | $2,095 | −$95 (-4.5%) |
| 2BR | $3,025 | $2,850 | +$175 (+6.1%) |
| 2BR | $2,500 | $2,850 | −$350 (-12.3%) |
| 3BR | $3,400 | $3,969 | −$568 (-14.3%) |
| 3BR | $4,800 | $3,969 | +$832 (+21.0%) |
| 4BR | $5,000 | $5,175 | −$175 (-3.4%) |
| 4BR | $4,700 | $5,175 | −$475 (-9.2%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.