Monthly Rent Report
Pasadena Rent Report — May 2023
Asking rents in ZIP 91106, Los Angeles, from 119 listings.
Median 1BR rent in Pasadena was $2,350 in May 2023, up 17.6% (+$353) from April 2023 and down 1.1% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,350. That puts Pasadena $228 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 119 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$35 (-2.1%) | −$650 (-28.3%) | $1,613 – $2,097 | 11 |
| Studio | $1,650 | −$35 (-2.1%) | −$650 (-28.3%) | $1,613 – $2,097 | 11 |
| 1BR | $2,350 | +$353 (+17.6%) | −$25 (-1.1%) | $2,350 – $2,350 | 1 |
| 1BR | $2,200 | +$203 (+10.1%) | −$175 (-7.4%) | $1,850 – $2,550 | 49 |
| 2BR | $2,899 | +$124 (+4.5%) | +$149 (+5.4%) | $2,350 – $3,340 | 27 |
| 2BR | $3,000 | +$225 (+8.1%) | +$250 (+9.1%) | $3,000 – $3,000 | 1 |
| 3BR | $3,800 | $0 (0.0%) | +$305 (+8.7%) | $3,520 – $4,450 | 16 |
| 3BR | $3,800 | $0 (0.0%) | +$305 (+8.7%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,750 | −$100 (-5.7%) |
| Studio | $1,650 | $1,750 | −$100 (-5.7%) |
| 1BR | $2,350 | $2,122 | +$228 (+10.7%) |
| 1BR | $2,200 | $2,122 | +$78 (+3.7%) |
| 2BR | $2,899 | $2,780 | +$119 (+4.3%) |
| 2BR | $3,000 | $2,780 | +$220 (+7.9%) |
| 3BR | $3,800 | $3,943 | −$142 (-3.6%) |
| 3BR | $3,800 | $3,943 | −$142 (-3.6%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.