Monthly Rent Report
Pasadena Rent Report — August 2023
Asking rents in ZIP 91107, Los Angeles, from 116 listings.
Median 1BR rent in Pasadena was $2,885 in August 2023, down 2.3% (−$69) from July 2023 and up 70.2% year-over-year. The middle half of 1BR listings asked between $2,769 and $3,050. That puts Pasadena $785 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 116 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,574 | −$173 (-6.3%) | +$1,199 (+87.2%) | $2,465 – $2,712 | 6 |
| Studio | $1,650 | −$1,097 (-39.9%) | +$275 (+20.0%) | $1,650 – $1,650 | 1 |
| 1BR | $2,885 | −$69 (-2.3%) | +$1,190 (+70.2%) | $2,769 – $3,050 | 28 |
| 1BR | $2,150 | −$804 (-27.2%) | +$455 (+26.8%) | $1,948 – $3,043 | 47 |
| 2BR | $2,700 | +$428 (+18.8%) | −$100 (-3.6%) | $2,700 – $2,700 | 1 |
| 2BR | $3,647 | +$1,375 (+60.5%) | +$847 (+30.3%) | $2,895 – $4,039 | 13 |
| 3BR | $3,170 | −$425 (-11.8%) | −$730 (-18.7%) | $2,845 – $3,761 | 6 |
| 3BR | $4,200 | +$605 (+16.8%) | +$300 (+7.7%) | $4,200 – $4,200 | 1 |
| 4BR | $7,500 | +$1,500 (+25.0%) | +$2,750 (+57.9%) | $7,500 – $7,500 | 1 |
| 4BR | $6,250 | +$250 (+4.2%) | +$1,500 (+31.6%) | $6,225 – $6,275 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — August 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,574 | $1,775 | +$799 (+45.0%) |
| Studio | $1,650 | $1,775 | −$125 (-7.0%) |
| 1BR | $2,885 | $2,100 | +$785 (+37.4%) |
| 1BR | $2,150 | $2,100 | +$50 (+2.4%) |
| 2BR | $2,700 | $2,895 | −$195 (-6.7%) |
| 2BR | $3,647 | $2,895 | +$752 (+26.0%) |
| 3BR | $3,170 | $3,897 | −$727 (-18.7%) |
| 3BR | $4,200 | $3,897 | +$303 (+7.8%) |
| 4BR | $7,500 | $5,163 | +$2,338 (+45.3%) |
| 4BR | $6,250 | $5,163 | +$1,088 (+21.1%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.