Monthly Rent Report
Pasadena Rent Report — August 2024
Asking rents in ZIP 91106, Los Angeles, from 25 listings.
Median 1BR rent in Pasadena was $2,434 in August 2024, up 16.2% (+$339) from July 2024 and up 23.3% year-over-year. The middle half of 1BR listings asked between $2,434 and $2,434. That puts Pasadena $339 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 25 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,975 | −$432 (-17.9%) | +$725 (+58.0%) | $1,975 – $1,975 | 1 |
| 1BR | $2,434 | +$339 (+16.2%) | +$459 (+23.3%) | $2,434 – $2,434 | 1 |
| 1BR | $1,795 | −$300 (-14.3%) | −$180 (-9.1%) | $1,795 – $1,795 | 3 |
| 2BR | $2,795 | $0 (0.0%) | −$704 (-20.1%) | $2,795 – $2,795 | 1 |
| 2BR | $2,845 | +$50 (+1.8%) | −$654 (-18.7%) | $2,670 – $3,021 | 4 |
| 3BR | $4,000 | −$400 (-9.1%) | +$405 (+11.3%) | $3,500 – $4,500 | 12 |
| 4BR | $3,600 | −$6,400 (-64.0%) | −$4,300 (-54.4%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — August 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,975 | $1,750 | +$225 (+12.9%) |
| 1BR | $2,434 | $2,095 | +$339 (+16.2%) |
| 1BR | $1,795 | $2,095 | −$300 (-14.3%) |
| 2BR | $2,795 | $2,795 | $0 (0.0%) |
| 2BR | $2,845 | $2,795 | +$50 (+1.8%) |
| 3BR | $4,000 | $4,000 | $0 (0.0%) |
| 4BR | $3,600 | $4,895 | −$1,295 (-26.5%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.