Monthly Rent Report
Pasadena Rent Report — October 2023
Asking rents in ZIP 91106, Los Angeles, from 65 listings.
Median 1BR rent in Pasadena was $1,950 in October 2023, down 18.6% (−$445) from September 2023 and down 17.0% year-over-year. The middle half of 1BR listings asked between $1,950 and $1,950. That puts Pasadena $48 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 65 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$200 (-10.5%) | −$400 (-19.0%) | $1,700 – $2,194 | 8 |
| Studio | $2,100 | +$200 (+10.5%) | $0 (0.0%) | $1,584 – $2,200 | 6 |
| 1BR | $1,950 | −$445 (-18.6%) | −$400 (-17.0%) | $1,950 – $1,950 | 1 |
| 1BR | $2,195 | −$200 (-8.4%) | −$155 (-6.6%) | $2,195 – $2,195 | 2 |
| 2BR | $2,850 | −$150 (-5.0%) | +$75 (+2.7%) | $2,695 – $3,595 | 37 |
| 2BR | $2,650 | −$350 (-11.7%) | −$125 (-4.5%) | $2,650 – $2,650 | 2 |
| 3BR | $4,500 | $0 (0.0%) | −$2,500 (-35.7%) | $4,500 – $4,500 | 1 |
| 3BR | $4,100 | −$400 (-8.9%) | −$2,900 (-41.4%) | $3,900 – $4,300 | 2 |
| 4BR | $3,700 | — | −$45 (-1.2%) | $3,700 – $3,748 | 3 |
| 4BR | $3,700 | — | −$45 (-1.2%) | $3,700 – $3,748 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — October 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,700 | $0 (0.0%) |
| Studio | $2,100 | $1,700 | +$400 (+23.5%) |
| 1BR | $1,950 | $1,998 | −$47 (-2.4%) |
| 1BR | $2,195 | $1,998 | +$198 (+9.9%) |
| 2BR | $2,850 | $2,750 | +$100 (+3.6%) |
| 2BR | $2,650 | $2,750 | −$100 (-3.6%) |
| 3BR | $4,500 | $4,195 | +$305 (+7.3%) |
| 3BR | $4,100 | $4,195 | −$95 (-2.3%) |
| 4BR | $3,700 | $5,275 | −$1,575 (-29.9%) |
| 4BR | $3,700 | $5,275 | −$1,575 (-29.9%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.