Monthly Rent Report
Pasadena Rent Report — January 2024
Asking rents in ZIP 91106, Los Angeles, from 147 listings.
Median 1BR rent in Pasadena was $2,095 in January 2024, down 11.6% (−$275) from December 2023 and up 16.7% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,095. That puts Pasadena in line with the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 147 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,284 | +$84 (+3.8%) | +$534 (+30.5%) | $2,006 – $2,478 | 4 |
| Studio | $2,392 | +$192 (+8.7%) | +$642 (+36.7%) | $2,313 – $2,659 | 8 |
| 1BR | $2,095 | −$275 (-11.6%) | +$300 (+16.7%) | $2,095 – $2,095 | 1 |
| 1BR | $2,100 | −$270 (-11.4%) | +$305 (+17.0%) | $1,998 – $2,550 | 47 |
| 2BR | $3,595 | +$1,095 (+43.8%) | +$700 (+24.2%) | $3,595 – $3,595 | 1 |
| 2BR | $2,950 | +$450 (+18.0%) | +$55 (+1.9%) | $2,485 – $3,300 | 66 |
| 3BR | $4,100 | −$195 (-4.5%) | −$1,700 (-29.3%) | $4,100 – $4,100 | 3 |
| 3BR | $4,350 | +$55 (+1.3%) | −$1,450 (-25.0%) | $4,149 – $4,500 | 14 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — January 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,284 | $1,750 | +$534 (+30.5%) |
| Studio | $2,392 | $1,750 | +$642 (+36.7%) |
| 1BR | $2,095 | $2,097 | −$1 (-0.1%) |
| 1BR | $2,100 | $2,097 | +$4 (+0.2%) |
| 2BR | $3,595 | $2,795 | +$800 (+28.6%) |
| 2BR | $2,950 | $2,795 | +$155 (+5.5%) |
| 3BR | $4,100 | $3,950 | +$150 (+3.8%) |
| 3BR | $4,350 | $3,950 | +$400 (+10.1%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.