Monthly Rent Report
Pasadena Rent Report — June 2023
Asking rents in ZIP 91106, Los Angeles, from 70 listings.
Median 1BR rent in Pasadena was $2,123 in June 2023, down 3.5% (−$77) from May 2023 and up 16.3% year-over-year. The middle half of 1BR listings asked between $2,036 and $2,209. That puts Pasadena in line with the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 70 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,925 | +$275 (+16.7%) | −$375 (-16.3%) | $1,925 – $1,925 | 1 |
| Studio | $2,019 | +$369 (+22.3%) | −$281 (-12.2%) | $1,556 – $2,634 | 4 |
| 1BR | $2,123 | −$77 (-3.5%) | +$298 (+16.3%) | $2,036 – $2,209 | 2 |
| 1BR | $2,200 | $0 (0.0%) | +$375 (+20.5%) | $1,995 – $2,345 | 21 |
| 2BR | $2,930 | −$70 (-2.3%) | +$30 (+1.0%) | $2,398 – $3,250 | 19 |
| 2BR | $2,575 | −$425 (-14.2%) | −$325 (-11.2%) | $2,338 – $3,013 | 3 |
| 3BR | $4,650 | +$850 (+22.4%) | −$750 (-13.9%) | $3,975 – $5,625 | 4 |
| 3BR | $3,950 | +$150 (+3.9%) | −$1,450 (-26.9%) | $3,520 – $5,300 | 12 |
| 4BR | $5,500 | — | — | $5,500 – $5,500 | 1 |
| 4BR | $5,500 | — | — | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — June 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,925 | $1,758 | +$167 (+9.5%) |
| Studio | $2,019 | $1,758 | +$261 (+14.8%) |
| 1BR | $2,123 | $2,100 | +$23 (+1.1%) |
| 1BR | $2,200 | $2,100 | +$100 (+4.8%) |
| 2BR | $2,930 | $2,900 | +$30 (+1.0%) |
| 2BR | $2,575 | $2,900 | −$325 (-11.2%) |
| 3BR | $4,650 | $3,850 | +$800 (+20.8%) |
| 3BR | $3,950 | $3,850 | +$100 (+2.6%) |
| 4BR | $5,500 | $5,100 | +$400 (+7.8%) |
| 4BR | $5,500 | $5,100 | +$400 (+7.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.