Monthly Rent Report
Pasadena Rent Report — March 2024
Asking rents in ZIP 91106, Los Angeles, from 352 listings.
Median 1BR rent in Pasadena was $2,395 in March 2024, down 4.0% (−$100) from February 2024 and up 18.4% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,826. That puts Pasadena $250 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 352 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,280 | +$230 (+11.2%) | +$630 (+38.2%) | $2,233 – $2,336 | 58 |
| Studio | $2,233 | +$183 (+8.9%) | +$583 (+35.3%) | $1,588 – $2,280 | 43 |
| 1BR | $2,395 | −$100 (-4.0%) | +$373 (+18.4%) | $2,100 – $2,826 | 120 |
| 1BR | $1,750 | −$745 (-29.9%) | −$272 (-13.5%) | $1,750 – $1,750 | 1 |
| 2BR | $3,300 | +$550 (+20.0%) | +$850 (+34.7%) | $2,950 – $3,586 | 106 |
| 2BR | $2,844 | +$94 (+3.4%) | +$394 (+16.1%) | $2,844 – $2,844 | 1 |
| 3BR | $3,595 | −$905 (-20.1%) | $0 (0.0%) | $3,595 – $3,595 | 2 |
| 3BR | $4,800 | +$300 (+6.7%) | +$1,205 (+33.5%) | $4,400 – $5,500 | 11 |
| 4BR | $4,800 | $0 (0.0%) | — | $4,800 – $4,800 | 1 |
| 4BR | $4,800 | $0 (0.0%) | — | $4,800 – $4,800 | 5 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,280 | $1,723 | +$558 (+32.4%) |
| Studio | $2,233 | $1,723 | +$511 (+29.6%) |
| 1BR | $2,395 | $2,145 | +$250 (+11.7%) |
| 1BR | $1,750 | $2,145 | −$395 (-18.4%) |
| 2BR | $3,300 | $2,850 | +$450 (+15.8%) |
| 2BR | $2,844 | $2,850 | −$6 (-0.2%) |
| 3BR | $3,595 | $3,762 | −$167 (-4.4%) |
| 3BR | $4,800 | $3,762 | +$1,038 (+27.6%) |
| 4BR | $4,800 | $4,950 | −$150 (-3.0%) |
| 4BR | $4,800 | $4,950 | −$150 (-3.0%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.