Monthly Rent Report
Pasadena Rent Report — May 2023
Asking rents in ZIP 91105, Los Angeles, from 97 listings.
Median 1BR rent in Pasadena was $4,995 in May 2023, up 92.1% (+$2,395) from April 2023 and up 81.6% year-over-year. The middle half of 1BR listings asked between $4,995 and $4,995. That puts Pasadena $2,873 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 97 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,700 | +$68 (+2.6%) | −$28 (-1.0%) | $2,584 – $2,700 | 10 |
| Studio | $2,700 | +$68 (+2.6%) | −$28 (-1.0%) | $2,700 – $2,700 | 2 |
| 1BR | $4,995 | +$2,395 (+92.1%) | +$2,245 (+81.6%) | $4,995 – $4,995 | 1 |
| 1BR | $2,960 | +$360 (+13.8%) | +$210 (+7.6%) | $2,768 – $2,960 | 34 |
| 2BR | $3,752 | $0 (0.0%) | +$517 (+16.0%) | $3,574 – $3,767 | 40 |
| 2BR | $3,395 | −$357 (-9.5%) | +$160 (+4.9%) | $3,395 – $3,395 | 1 |
| 3BR | $5,232 | +$435 (+9.1%) | +$432 (+9.0%) | $4,452 – $6,292 | 6 |
| 3BR | $5,950 | +$1,153 (+24.0%) | +$1,150 (+24.0%) | $5,950 – $5,950 | 1 |
| 4BR | $10,000 | — | — | $10,000 – $10,000 | 1 |
| 4BR | $10,000 | — | — | $10,000 – $10,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,700 | $1,750 | +$950 (+54.3%) |
| Studio | $2,700 | $1,750 | +$950 (+54.3%) |
| 1BR | $4,995 | $2,122 | +$2,873 (+135.4%) |
| 1BR | $2,960 | $2,122 | +$838 (+39.5%) |
| 2BR | $3,752 | $2,780 | +$972 (+35.0%) |
| 2BR | $3,395 | $2,780 | +$615 (+22.1%) |
| 3BR | $5,232 | $3,943 | +$1,289 (+32.7%) |
| 3BR | $5,950 | $3,943 | +$2,008 (+50.9%) |
| 4BR | $10,000 | $5,000 | +$5,000 (+100.0%) |
| 4BR | $10,000 | $5,000 | +$5,000 (+100.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.