Monthly Rent Report
Pasadena Rent Report — March 2023
Asking rents in ZIP 91107, Los Angeles, from 205 listings.
Median 1BR rent in Pasadena was $2,383 in March 2023, up 28.8% (+$533) from February 2023 and down 19.4% year-over-year. The middle half of 1BR listings asked between $1,950 and $3,000. That puts Pasadena $286 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 205 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,280 | +$730 (+47.1%) | +$608 (+36.3%) | $1,675 – $2,770 | 11 |
| Studio | $1,800 | +$250 (+16.1%) | +$128 (+7.6%) | $1,800 – $1,800 | 1 |
| 1BR | $2,383 | +$533 (+28.8%) | −$572 (-19.4%) | $1,950 – $3,000 | 41 |
| 1BR | $1,990 | +$140 (+7.6%) | −$965 (-32.7%) | $1,943 – $2,038 | 2 |
| 2BR | $2,750 | +$100 (+3.8%) | −$350 (-11.3%) | $2,413 – $3,628 | 75 |
| 2BR | $3,100 | +$450 (+17.0%) | $0 (0.0%) | $3,100 – $3,100 | 1 |
| 3BR | $3,800 | +$100 (+2.7%) | +$1,000 (+35.7%) | $2,845 – $5,456 | 60 |
| 3BR | $3,200 | −$500 (-13.5%) | +$400 (+14.3%) | $3,200 – $3,200 | 1 |
| 4BR | $4,925 | +$405 (+9.0%) | −$425 (-7.9%) | $4,850 – $5,213 | 4 |
| 4BR | $4,660 | +$140 (+3.1%) | −$690 (-12.9%) | $4,660 – $4,660 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,280 | $1,745 | +$535 (+30.7%) |
| Studio | $1,800 | $1,745 | +$55 (+3.2%) |
| 1BR | $2,383 | $2,097 | +$286 (+13.7%) |
| 1BR | $1,990 | $2,097 | −$107 (-5.1%) |
| 2BR | $2,750 | $2,750 | $0 (0.0%) |
| 2BR | $3,100 | $2,750 | +$350 (+12.7%) |
| 3BR | $3,800 | $3,923 | −$122 (-3.1%) |
| 3BR | $3,200 | $3,923 | −$722 (-18.4%) |
| 4BR | $4,925 | $4,760 | +$165 (+3.5%) |
| 4BR | $4,660 | $4,760 | −$100 (-2.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.