Monthly Rent Report
Pasadena Rent Report — August 2023
Asking rents in ZIP 91106, Los Angeles, from 36 listings.
Median 1BR rent in Pasadena was $1,975 in August 2023, up 17.9% (+$300) from July 2023 and down 17.3% year-over-year. The middle half of 1BR listings asked between $1,975 and $1,975. That puts Pasadena $125 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 36 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$826 (-39.8%) | −$850 (-40.5%) | $1,250 – $1,595 | 5 |
| Studio | $1,495 | −$581 (-28.0%) | −$605 (-28.8%) | $1,495 – $1,495 | 2 |
| 1BR | $1,975 | +$300 (+17.9%) | −$412 (-17.3%) | $1,975 – $1,975 | 1 |
| 1BR | $2,285 | +$610 (+36.4%) | −$102 (-4.3%) | $2,050 – $2,637 | 14 |
| 2BR | $3,499 | +$99 (+2.9%) | −$701 (-16.7%) | $3,300 – $3,595 | 9 |
| 2BR | $2,695 | −$705 (-20.7%) | −$1,505 (-35.8%) | $2,695 – $2,695 | 1 |
| 3BR | $3,850 | +$555 (+16.8%) | −$1,550 (-28.7%) | $3,850 – $3,850 | 1 |
| 3BR | $3,595 | +$300 (+9.1%) | −$1,805 (-33.4%) | $3,595 – $3,595 | 1 |
| 4BR | $7,900 | +$1,100 (+16.2%) | — | $7,900 – $7,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — August 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,775 | −$525 (-29.6%) |
| Studio | $1,495 | $1,775 | −$280 (-15.8%) |
| 1BR | $1,975 | $2,100 | −$125 (-6.0%) |
| 1BR | $2,285 | $2,100 | +$185 (+8.8%) |
| 2BR | $3,499 | $2,895 | +$604 (+20.9%) |
| 2BR | $2,695 | $2,895 | −$200 (-6.9%) |
| 3BR | $3,850 | $3,897 | −$47 (-1.2%) |
| 3BR | $3,595 | $3,897 | −$302 (-7.8%) |
| 4BR | $7,900 | $5,163 | +$2,738 (+53.0%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.