Monthly Rent Report
Pasadena Rent Report — September 2023
Asking rents in ZIP 91106, Los Angeles, from 55 listings.
Median 1BR rent in Pasadena was $1,835 in September 2023, down 7.1% (−$140) from August 2023 and down 0.8% year-over-year. The middle half of 1BR listings asked between $1,835 and $1,835. That puts Pasadena $165 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 55 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | +$405 (+27.1%) | −$172 (-8.3%) | $1,800 – $2,000 | 2 |
| 1BR | $1,835 | −$140 (-7.1%) | −$15 (-0.8%) | $1,835 – $1,835 | 1 |
| 1BR | $2,395 | +$420 (+21.3%) | +$545 (+29.5%) | $2,150 – $2,600 | 17 |
| 2BR | $2,750 | −$749 (-21.4%) | +$255 (+10.2%) | $2,723 – $3,325 | 3 |
| 2BR | $3,000 | −$499 (-14.3%) | +$505 (+20.2%) | $2,900 – $3,200 | 28 |
| 3BR | $3,100 | −$495 (-13.8%) | −$200 (-6.1%) | $3,100 – $3,100 | 1 |
| 3BR | $4,500 | +$905 (+25.2%) | +$1,200 (+36.4%) | $4,500 – $5,150 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — September 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $1,795 | +$105 (+5.8%) |
| 1BR | $1,835 | $2,000 | −$165 (-8.3%) |
| 1BR | $2,395 | $2,000 | +$395 (+19.8%) |
| 2BR | $2,750 | $2,750 | $0 (0.0%) |
| 2BR | $3,000 | $2,750 | +$250 (+9.1%) |
| 3BR | $3,100 | $3,948 | −$847 (-21.5%) |
| 3BR | $4,500 | $3,948 | +$553 (+14.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.