Monthly Rent Report
Pasadena Rent Report — July 2023
Asking rents in ZIP 91106, Los Angeles, from 52 listings.
Median 1BR rent in Pasadena was $2,245 in July 2023, up 5.8% (+$123) from June 2023 and down 4.5% year-over-year. The middle half of 1BR listings asked between $2,059 and $2,509. That puts Pasadena $120 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 52 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,077 | +$152 (+7.9%) | +$577 (+38.4%) | $1,638 – $2,426 | 6 |
| Studio | $2,386 | +$461 (+23.9%) | +$886 (+59.1%) | $2,077 – $2,691 | 3 |
| 1BR | $2,245 | +$123 (+5.8%) | −$105 (-4.5%) | $2,059 – $2,509 | 12 |
| 1BR | $1,675 | −$447 (-21.1%) | −$675 (-28.7%) | $1,675 – $1,675 | 1 |
| 2BR | $3,400 | +$470 (+16.0%) | +$500 (+17.2%) | $2,950 – $3,648 | 23 |
| 2BR | $2,100 | −$830 (-28.3%) | −$800 (-27.6%) | $2,100 – $2,100 | 1 |
| 3BR | $4,200 | −$450 (-9.7%) | +$55 (+1.3%) | $4,200 – $4,200 | 1 |
| 3BR | $3,295 | −$1,355 (-29.1%) | −$850 (-20.5%) | $3,145 – $3,445 | 2 |
| 4BR | $6,800 | +$1,300 (+23.6%) | $0 (0.0%) | $6,800 – $6,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — July 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,077 | $1,800 | +$277 (+15.4%) |
| Studio | $2,386 | $1,800 | +$586 (+32.6%) |
| 1BR | $2,245 | $2,125 | +$120 (+5.6%) |
| 1BR | $1,675 | $2,125 | −$450 (-21.2%) |
| 2BR | $3,400 | $2,873 | +$527 (+18.3%) |
| 2BR | $2,100 | $2,873 | −$773 (-26.9%) |
| 3BR | $4,200 | $3,836 | +$364 (+9.5%) |
| 3BR | $3,295 | $3,836 | −$541 (-14.1%) |
| 4BR | $6,800 | $4,572 | +$2,228 (+48.7%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.