Monthly Rent Report
Pasadena Rent Report — March 2023
Asking rents in ZIP 91106, Los Angeles, from 232 listings.
Median 1BR rent in Pasadena was $2,023 in March 2023, up 1.4% (+$28) from February 2023 and down 23.7% year-over-year. The middle half of 1BR listings asked between $1,986 and $2,059. That puts Pasadena $74 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 232 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$45 (-2.7%) | −$45 (-2.7%) | $1,600 – $1,695 | 13 |
| Studio | $1,650 | −$45 (-2.7%) | −$45 (-2.7%) | $1,600 – $1,685 | 9 |
| 1BR | $2,023 | +$28 (+1.4%) | −$627 (-23.7%) | $1,986 – $2,059 | 2 |
| 1BR | $2,100 | +$105 (+5.3%) | −$550 (-20.8%) | $1,895 – $2,500 | 97 |
| 2BR | $2,450 | −$350 (-12.5%) | −$545 (-18.2%) | $2,450 – $2,473 | 3 |
| 2BR | $2,600 | −$200 (-7.1%) | −$395 (-13.2%) | $2,395 – $2,999 | 74 |
| 3BR | $3,595 | $0 (0.0%) | −$2,855 (-44.3%) | $3,450 – $5,400 | 21 |
| 3BR | $3,595 | $0 (0.0%) | −$2,855 (-44.3%) | $3,000 – $3,595 | 13 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,745 | −$95 (-5.4%) |
| Studio | $1,650 | $1,745 | −$95 (-5.4%) |
| 1BR | $2,023 | $2,097 | −$74 (-3.5%) |
| 1BR | $2,100 | $2,097 | +$3 (+0.2%) |
| 2BR | $2,450 | $2,750 | −$300 (-10.9%) |
| 2BR | $2,600 | $2,750 | −$150 (-5.5%) |
| 3BR | $3,595 | $3,923 | −$327 (-8.3%) |
| 3BR | $3,595 | $3,923 | −$327 (-8.3%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.