Monthly Rent Report
Pasadena Rent Report — May 2023
Asking rents in ZIP 91107, Los Angeles, from 146 listings.
Median 1BR rent in Pasadena was $1,825 in May 2023, down 19.9% (−$452) from April 2023 and up 18.1% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,825. That puts Pasadena $297 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 146 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,280 | −$490 (-17.7%) | −$70 (-3.0%) | $2,280 – $2,280 | 1 |
| Studio | $2,280 | −$490 (-17.7%) | −$70 (-3.0%) | $1,830 – $2,770 | 10 |
| 1BR | $1,825 | −$452 (-19.9%) | +$280 (+18.1%) | $1,825 – $1,825 | 1 |
| 1BR | $2,200 | −$77 (-3.4%) | +$655 (+42.4%) | $1,850 – $2,910 | 45 |
| 2BR | $2,850 | +$55 (+2.0%) | −$1,597 (-35.9%) | $2,348 – $3,575 | 43 |
| 2BR | $2,700 | −$95 (-3.4%) | −$1,747 (-39.3%) | $2,700 – $2,700 | 1 |
| 3BR | $3,875 | +$725 (+23.0%) | +$480 (+14.1%) | $2,845 – $4,500 | 24 |
| 3BR | $4,800 | +$1,650 (+52.4%) | +$1,405 (+41.4%) | $4,800 – $4,800 | 1 |
| 4BR | $4,655 | −$845 (-15.4%) | −$45 (-1.0%) | $4,460 – $5,138 | 4 |
| 4BR | $4,655 | −$845 (-15.4%) | −$45 (-1.0%) | $4,460 – $5,138 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,280 | $1,750 | +$530 (+30.3%) |
| Studio | $2,280 | $1,750 | +$530 (+30.3%) |
| 1BR | $1,825 | $2,122 | −$297 (-14.0%) |
| 1BR | $2,200 | $2,122 | +$78 (+3.7%) |
| 2BR | $2,850 | $2,780 | +$70 (+2.5%) |
| 2BR | $2,700 | $2,780 | −$80 (-2.9%) |
| 3BR | $3,875 | $3,943 | −$67 (-1.7%) |
| 3BR | $4,800 | $3,943 | +$858 (+21.8%) |
| 4BR | $4,655 | $5,000 | −$345 (-6.9%) |
| 4BR | $4,655 | $5,000 | −$345 (-6.9%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.