Monthly Rent Report
Pasadena Rent Report — September 2023
Asking rents in ZIP 91107, Los Angeles, from 30 listings.
Median 1BR rent in Pasadena was $2,573 in September 2023, up 19.7% (+$423) from August 2023 and up 16.9% year-over-year. The middle half of 1BR listings asked between $2,236 and $3,090. That puts Pasadena $573 above the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 30 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | −$678 (-26.4%) | +$395 (+26.3%) | $1,895 – $1,895 | 4 |
| Studio | $1,800 | −$773 (-30.1%) | +$300 (+20.0%) | $1,800 – $1,800 | 1 |
| 1BR | $2,573 | +$423 (+19.7%) | +$373 (+16.9%) | $2,236 – $3,090 | 8 |
| 1BR | $2,600 | +$450 (+20.9%) | +$400 (+18.2%) | $2,600 – $2,600 | 1 |
| 2BR | $3,503 | +$803 (+29.7%) | +$753 (+27.4%) | $2,800 – $3,785 | 6 |
| 2BR | $2,800 | +$100 (+3.7%) | +$50 (+1.8%) | $2,800 – $2,800 | 1 |
| 3BR | $3,900 | +$730 (+23.0%) | −$1,675 (-30.0%) | $3,850 – $3,950 | 2 |
| 3BR | $3,650 | +$480 (+15.1%) | −$1,925 (-34.5%) | $3,573 – $4,325 | 3 |
| 4BR | $4,500 | −$3,000 (-40.0%) | +$550 (+13.9%) | $4,250 – $4,750 | 2 |
| 4BR | $4,250 | −$3,250 (-43.3%) | +$300 (+7.6%) | $3,875 – $4,625 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — September 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,795 | +$100 (+5.6%) |
| Studio | $1,800 | $1,795 | +$5 (+0.3%) |
| 1BR | $2,573 | $2,000 | +$573 (+28.6%) |
| 1BR | $2,600 | $2,000 | +$600 (+30.0%) |
| 2BR | $3,503 | $2,750 | +$753 (+27.4%) |
| 2BR | $2,800 | $2,750 | +$50 (+1.8%) |
| 3BR | $3,900 | $3,948 | −$47 (-1.2%) |
| 3BR | $3,650 | $3,948 | −$297 (-7.5%) |
| 4BR | $4,500 | $5,000 | −$500 (-10.0%) |
| 4BR | $4,250 | $5,000 | −$750 (-15.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.