Monthly Rent Report
Pasadena Rent Report — February 2024
Asking rents in ZIP 91106, Los Angeles, from 319 listings.
Median 1BR rent in Pasadena was $2,495 in February 2024, up 18.8% (+$395) from January 2024 and up 25.1% year-over-year. The middle half of 1BR listings asked between $2,495 and $2,495. That puts Pasadena $300 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 319 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,050 | −$233 (-10.2%) | +$750 (+57.7%) | $2,050 – $2,286 | 4 |
| Studio | $2,466 | +$183 (+8.0%) | +$1,166 (+89.7%) | $2,291 – $2,639 | 45 |
| 1BR | $2,495 | +$395 (+18.8%) | +$500 (+25.1%) | $2,495 – $2,495 | 1 |
| 1BR | $2,377 | +$277 (+13.2%) | +$382 (+19.1%) | $2,095 – $2,656 | 100 |
| 2BR | $2,750 | −$845 (-23.5%) | +$755 (+37.8%) | $2,750 – $2,750 | 1 |
| 2BR | $3,092 | −$503 (-14.0%) | +$1,097 (+55.0%) | $2,661 – $3,320 | 122 |
| 3BR | $4,500 | +$150 (+3.4%) | +$905 (+25.2%) | $3,888 – $4,900 | 32 |
| 3BR | $4,500 | +$150 (+3.4%) | +$905 (+25.2%) | $4,500 – $4,500 | 1 |
| 4BR | $4,800 | — | +$300 (+6.7%) | $4,800 – $4,800 | 4 |
| 4BR | $4,800 | — | +$300 (+6.7%) | $4,800 – $4,850 | 9 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — February 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,050 | $1,750 | +$301 (+17.2%) |
| Studio | $2,466 | $1,750 | +$717 (+41.0%) |
| 1BR | $2,495 | $2,195 | +$300 (+13.7%) |
| 1BR | $2,377 | $2,195 | +$182 (+8.3%) |
| 2BR | $2,750 | $2,850 | −$100 (-3.5%) |
| 2BR | $3,092 | $2,850 | +$242 (+8.5%) |
| 3BR | $4,500 | $3,995 | +$505 (+12.6%) |
| 3BR | $4,500 | $3,995 | +$505 (+12.6%) |
| 4BR | $4,800 | $5,000 | −$200 (-4.0%) |
| 4BR | $4,800 | $5,000 | −$200 (-4.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.