Monthly Rent Report
Pasadena Rent Report — March 2024
Asking rents in ZIP 91105, Los Angeles, from 640 listings.
Median 1BR rent in Pasadena was $2,775 in March 2024, down 13.3% (−$425) from February 2024 and down 6.3% year-over-year. The middle half of 1BR listings asked between $2,775 and $2,775. That puts Pasadena $630 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 640 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,595 | +$95 (+3.8%) | −$105 (-3.9%) | $2,595 – $2,595 | 50 |
| Studio | $2,595 | +$95 (+3.8%) | −$105 (-3.9%) | $2,595 – $2,595 | 83 |
| 1BR | $2,775 | −$425 (-13.3%) | −$185 (-6.3%) | $2,775 – $2,775 | 321 |
| 1BR | $2,895 | −$305 (-9.5%) | −$65 (-2.2%) | $2,895 – $2,895 | 1 |
| 2BR | $3,675 | $0 (0.0%) | +$280 (+8.2%) | $3,400 – $4,251 | 134 |
| 2BR | $4,500 | +$825 (+22.4%) | +$1,105 (+32.5%) | $4,500 – $4,500 | 1 |
| 3BR | $5,000 | +$132 (+2.7%) | −$648 (-11.5%) | $4,864 – $7,274 | 34 |
| 3BR | $3,725 | −$1,143 (-23.5%) | −$1,923 (-34.1%) | $3,613 – $3,838 | 2 |
| 4BR | $6,220 | −$1,280 (-17.1%) | −$525 (-7.8%) | $6,220 – $9,000 | 13 |
| 4BR | $7,500 | $0 (0.0%) | +$755 (+11.2%) | $7,500 – $7,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,595 | $1,723 | +$873 (+50.7%) |
| Studio | $2,595 | $1,723 | +$873 (+50.7%) |
| 1BR | $2,775 | $2,145 | +$630 (+29.4%) |
| 1BR | $2,895 | $2,145 | +$750 (+35.0%) |
| 2BR | $3,675 | $2,850 | +$825 (+28.9%) |
| 2BR | $4,500 | $2,850 | +$1,650 (+57.9%) |
| 3BR | $5,000 | $3,762 | +$1,238 (+32.9%) |
| 3BR | $3,725 | $3,762 | −$37 (-1.0%) |
| 4BR | $6,220 | $4,950 | +$1,270 (+25.7%) |
| 4BR | $7,500 | $4,950 | +$2,550 (+51.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.