Monthly Rent Report
Pasadena Rent Report — May 2024
Asking rents in ZIP 91105, Los Angeles, from 1,075 listings.
Median 1BR rent in Pasadena was $2,600 in May 2024, down 6.3% (−$175) from April 2024 and down 12.2% year-over-year. The middle half of 1BR listings asked between $2,600 and $2,600. That puts Pasadena $505 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 1,075 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | −$95 (-3.7%) | −$200 (-7.4%) | $2,500 – $2,500 | 2 |
| Studio | $2,575 | −$20 (-0.8%) | −$125 (-4.6%) | $2,575 – $2,595 | 152 |
| 1BR | $2,600 | −$175 (-6.3%) | −$360 (-12.2%) | $2,600 – $2,600 | 1 |
| 1BR | $2,775 | $0 (0.0%) | −$185 (-6.3%) | $2,775 – $2,895 | 483 |
| 2BR | $2,700 | −$975 (-26.5%) | −$1,052 (-28.0%) | $2,700 – $2,700 | 1 |
| 2BR | $3,675 | $0 (0.0%) | −$77 (-2.1%) | $3,484 – $3,695 | 311 |
| 3BR | $5,500 | +$505 (+10.1%) | −$450 (-7.6%) | $5,500 – $5,500 | 1 |
| 3BR | $4,499 | −$496 (-9.9%) | −$1,451 (-24.4%) | $4,137 – $5,660 | 99 |
| 4BR | $6,220 | $0 (0.0%) | −$3,780 (-37.8%) | $6,220 – $6,801 | 22 |
| 4BR | $11,000 | +$4,780 (+76.8%) | +$1,000 (+10.0%) | $11,000 – $11,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $1,795 | +$705 (+39.3%) |
| Studio | $2,575 | $1,795 | +$780 (+43.5%) |
| 1BR | $2,600 | $2,095 | +$505 (+24.1%) |
| 1BR | $2,775 | $2,095 | +$680 (+32.5%) |
| 2BR | $2,700 | $2,850 | −$150 (-5.3%) |
| 2BR | $3,675 | $2,850 | +$825 (+28.9%) |
| 3BR | $5,500 | $3,969 | +$1,532 (+38.6%) |
| 3BR | $4,499 | $3,969 | +$531 (+13.4%) |
| 4BR | $6,220 | $5,175 | +$1,045 (+20.2%) |
| 4BR | $11,000 | $5,175 | +$5,825 (+112.6%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.