Monthly Rent Report
Pasadena Rent Report — March 2023
Asking rents in ZIP 91105, Los Angeles, from 159 listings.
Median 1BR rent in Pasadena was $3,000 in March 2023, up 1.4% (+$40) from February 2023 and down 25.0% year-over-year. The middle half of 1BR listings asked between $2,940 and $3,360. That puts Pasadena $903 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 159 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,513 | −$37 (-1.5%) | +$213 (+9.2%) | $2,500 – $2,619 | 6 |
| Studio | $2,700 | +$150 (+5.9%) | +$400 (+17.4%) | $2,500 – $2,700 | 17 |
| 1BR | $3,000 | +$40 (+1.4%) | −$1,000 (-25.0%) | $2,940 – $3,360 | 7 |
| 1BR | $2,960 | $0 (0.0%) | −$1,040 (-26.0%) | $2,960 – $2,994 | 42 |
| 2BR | $3,752 | $0 (0.0%) | +$522 (+16.2%) | $3,395 – $4,195 | 69 |
| 2BR | $3,395 | −$357 (-9.5%) | +$165 (+5.1%) | $3,395 – $3,395 | 1 |
| 3BR | $6,900 | +$1,550 (+29.0%) | +$1,815 (+35.7%) | $6,049 – $6,900 | 3 |
| 3BR | $5,649 | +$299 (+5.6%) | +$564 (+11.1%) | $4,838 – $6,300 | 8 |
| 4BR | $6,745 | −$2,255 (-25.1%) | −$254 (-3.6%) | $6,623 – $6,868 | 2 |
| 4BR | $6,990 | −$2,010 (-22.3%) | −$9 (-0.1%) | $6,868 – $7,493 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,513 | $1,745 | +$768 (+44.0%) |
| Studio | $2,700 | $1,745 | +$955 (+54.7%) |
| 1BR | $3,000 | $2,097 | +$903 (+43.1%) |
| 1BR | $2,960 | $2,097 | +$863 (+41.2%) |
| 2BR | $3,752 | $2,750 | +$1,002 (+36.4%) |
| 2BR | $3,395 | $2,750 | +$645 (+23.5%) |
| 3BR | $6,900 | $3,923 | +$2,978 (+75.9%) |
| 3BR | $5,649 | $3,923 | +$1,726 (+44.0%) |
| 4BR | $6,745 | $4,760 | +$1,985 (+41.7%) |
| 4BR | $6,990 | $4,760 | +$2,230 (+46.8%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.