Monthly Rent Report
Pasadena Rent Report — August 2024
Asking rents in ZIP 91104, Los Angeles, from 13 listings.
Median 1BR rent in Pasadena was $1,700 in August 2024, down 18.9% (−$395) from July 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Pasadena $395 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 13 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,738 | +$163 (+10.3%) | −$28 (-1.6%) | $1,669 – $1,806 | 2 |
| 1BR | $1,700 | −$395 (-18.9%) | $0 (0.0%) | $1,700 – $1,700 | 1 |
| 1BR | $2,250 | +$155 (+7.4%) | +$550 (+32.4%) | $2,250 – $2,250 | 1 |
| 2BR | $2,795 | −$50 (-1.8%) | −$1,405 (-33.5%) | $2,795 – $2,795 | 1 |
| 2BR | $2,595 | −$250 (-8.8%) | −$1,605 (-38.2%) | $2,595 – $2,595 | 1 |
| 3BR | $3,600 | −$195 (-5.1%) | −$2,200 (-37.9%) | $3,600 – $3,600 | 1 |
| 4BR | $7,200 | — | +$2,500 (+53.2%) | $7,200 – $7,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — August 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,738 | $1,750 | −$12 (-0.7%) |
| 1BR | $1,700 | $2,095 | −$395 (-18.9%) |
| 1BR | $2,250 | $2,095 | +$155 (+7.4%) |
| 2BR | $2,795 | $2,795 | $0 (0.0%) |
| 2BR | $2,595 | $2,795 | −$200 (-7.2%) |
| 3BR | $3,600 | $4,000 | −$400 (-10.0%) |
| 4BR | $7,200 | $4,895 | +$2,305 (+47.1%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.