Monthly Rent Report
Pasadena Rent Report — December 2023
Asking rents in ZIP 91105, Los Angeles, from 265 listings.
Median 1BR rent in Pasadena was $2,775 in December 2023, flat versus November 2023 and down 6.3% year-over-year. The middle half of 1BR listings asked between $2,775 and $2,775. That puts Pasadena $646 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 265 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | −$495 (-19.1%) | −$600 (-22.2%) | $2,100 – $2,100 | 2 |
| Studio | $2,100 | −$495 (-19.1%) | −$600 (-22.2%) | $2,100 – $2,100 | 1 |
| 1BR | $2,775 | $0 (0.0%) | −$185 (-6.3%) | $2,775 – $2,775 | 156 |
| 1BR | $2,775 | $0 (0.0%) | −$185 (-6.3%) | $2,775 – $2,775 | 57 |
| 2BR | $3,100 | −$575 (-15.6%) | −$595 (-16.1%) | $3,100 – $3,100 | 1 |
| 2BR | $2,250 | −$1,425 (-38.8%) | −$1,445 (-39.1%) | $2,250 – $2,250 | 1 |
| 3BR | $5,067 | +$391 (+8.4%) | −$1,333 (-20.8%) | $4,755 – $5,365 | 25 |
| 3BR | $5,065 | +$388 (+8.3%) | −$1,335 (-20.9%) | $4,755 – $5,070 | 10 |
| 4BR | $6,066 | — | −$429 (-6.6%) | $6,055 – $6,086 | 4 |
| 4BR | $6,053 | — | −$442 (-6.8%) | $6,047 – $6,061 | 8 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — December 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $1,750 | +$350 (+20.0%) |
| Studio | $2,100 | $1,750 | +$350 (+20.0%) |
| 1BR | $2,775 | $2,129 | +$646 (+30.3%) |
| 1BR | $2,775 | $2,129 | +$646 (+30.3%) |
| 2BR | $3,100 | $2,795 | +$305 (+10.9%) |
| 2BR | $2,250 | $2,795 | −$545 (-19.5%) |
| 3BR | $5,067 | $3,923 | +$1,145 (+29.2%) |
| 3BR | $5,065 | $3,923 | +$1,142 (+29.1%) |
| 4BR | $6,066 | $4,750 | +$1,316 (+27.7%) |
| 4BR | $6,053 | $4,750 | +$1,303 (+27.4%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.