Monthly Rent Report
Pasadena Rent Report — December 2023
Asking rents in ZIP 91106, Los Angeles, from 61 listings.
Median 1BR rent in Pasadena was $2,350 in December 2023, up 14.1% (+$290) from November 2023 and up 238.1% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,350. That puts Pasadena $221 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 61 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,437 | +$137 (+6.0%) | −$62 (-2.5%) | $2,200 – $2,488 | 5 |
| Studio | $2,200 | −$100 (-4.3%) | −$299 (-12.0%) | $1,445 – $2,488 | 21 |
| 1BR | $2,350 | +$290 (+14.1%) | +$1,655 (+238.1%) | $2,350 – $2,350 | 1 |
| 1BR | $2,370 | +$310 (+15.0%) | +$1,675 (+241.0%) | $2,370 – $2,370 | 2 |
| 2BR | $2,795 | −$205 (-6.8%) | +$746 (+36.4%) | $2,795 – $3,098 | 7 |
| 2BR | $2,500 | −$500 (-16.7%) | +$451 (+22.0%) | $2,448 – $3,150 | 3 |
| 3BR | $4,295 | $0 (0.0%) | +$95 (+2.3%) | $4,125 – $4,875 | 12 |
| 3BR | $4,573 | +$278 (+6.5%) | +$373 (+8.9%) | $4,200 – $5,088 | 8 |
| 4BR | $3,700 | −$500 (-11.9%) | −$500 (-11.9%) | $3,700 – $3,700 | 1 |
| 4BR | $3,700 | −$500 (-11.9%) | −$500 (-11.9%) | $3,700 – $3,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — December 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,437 | $1,750 | +$687 (+39.3%) |
| Studio | $2,200 | $1,750 | +$450 (+25.7%) |
| 1BR | $2,350 | $2,129 | +$221 (+10.4%) |
| 1BR | $2,370 | $2,129 | +$241 (+11.3%) |
| 2BR | $2,795 | $2,795 | $0 (0.0%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 3BR | $4,295 | $3,923 | +$373 (+9.5%) |
| 3BR | $4,573 | $3,923 | +$650 (+16.6%) |
| 4BR | $3,700 | $4,750 | −$1,050 (-22.1%) |
| 4BR | $3,700 | $4,750 | −$1,050 (-22.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.