Monthly Rent Report

Pasadena Rent Report — February 2023

Asking rents in ZIP 91106, Los Angeles, from 160 listings.

Median 1BR rent in Pasadena was $1,920 in February 2023, down 16.0% (−$365) from January 2023 and down 20.0% year-over-year. The middle half of 1BR listings asked between $1,858 and $1,983. That puts Pasadena $205 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 160 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2023Vs. February 2022P25–P75 RangeListings
Studio$1,695−$55 (-3.1%)$1,645 – $1,89519
Studio$1,300−$450 (-25.7%)$1,300 – $1,3001
1BR$1,920−$365 (-16.0%)−$480 (-20.0%)$1,858 – $1,9832
1BR$1,995−$290 (-12.7%)−$405 (-16.9%)$1,975 – $2,45045
2BR$2,800+$305 (+12.2%)−$400 (-12.5%)$2,495 – $3,19867
2BR$1,995−$500 (-20.0%)−$1,205 (-37.7%)$1,995 – $1,9951
3BR$5,400+$1,400 (+35.0%)+$1,951 (+56.5%)$3,595 – $5,80021
3BR$3,595−$405 (-10.1%)+$146 (+4.2%)$3,595 – $3,5951
4BR$4,500$0 (0.0%)−$1,880 (-29.5%)$4,500 – $4,5002
4BR$4,500$0 (0.0%)−$1,880 (-29.5%)$4,500 – $4,5001

Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.

Pasadena vs. Los AngelesFebruary 2023

BedroomsPasadena MedianLos Angeles Citywide MedianDifference
Studio$1,695$1,795−$100 (-5.6%)
Studio$1,300$1,795−$495 (-27.6%)
1BR$1,920$2,125−$205 (-9.6%)
1BR$1,995$2,125−$130 (-6.1%)
2BR$2,800$2,773+$27 (+1.0%)
2BR$1,995$2,773−$778 (-28.1%)
3BR$5,400$3,850+$1,550 (+40.3%)
3BR$3,595$3,850−$255 (-6.6%)
4BR$4,500$4,695−$195 (-4.2%)
4BR$4,500$4,695−$195 (-4.2%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.

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