Monthly Rent Report
Pasadena Rent Report — December 2023
Asking rents in ZIP 91107, Los Angeles, from 33 listings.
Median 1BR rent in Pasadena was $2,288 in December 2023, up 25.3% (+$463) from November 2023 and down 0.5% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,456. That puts Pasadena $159 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 33 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | +$175 (+11.7%) | −$505 (-23.2%) | $1,675 – $1,675 | 2 |
| Studio | $1,475 | −$25 (-1.7%) | −$705 (-32.3%) | $1,475 – $1,475 | 1 |
| 1BR | $2,288 | +$463 (+25.3%) | −$12 (-0.5%) | $2,250 – $2,456 | 6 |
| 1BR | $2,325 | +$500 (+27.4%) | +$25 (+1.1%) | $2,250 – $2,500 | 5 |
| 2BR | $3,200 | −$199 (-5.9%) | −$250 (-7.2%) | $3,200 – $3,200 | 9 |
| 2BR | $1,760 | −$1,639 (-48.2%) | −$1,690 (-49.0%) | $1,760 – $1,760 | 1 |
| 3BR | $5,500 | −$2,997 (-35.3%) | +$1,100 (+25.0%) | $5,500 – $5,500 | 1 |
| 3BR | $3,200 | −$5,297 (-62.3%) | −$1,200 (-27.3%) | $3,200 – $3,200 | 1 |
| 4BR | $9,500 | +$4,500 (+90.0%) | +$7,000 (+280.0%) | $7,000 – $11,125 | 3 |
| 4BR | $4,500 | −$500 (-10.0%) | +$2,000 (+80.0%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — December 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $1,750 | −$75 (-4.3%) |
| Studio | $1,475 | $1,750 | −$275 (-15.7%) |
| 1BR | $2,288 | $2,129 | +$159 (+7.4%) |
| 1BR | $2,325 | $2,129 | +$196 (+9.2%) |
| 2BR | $3,200 | $2,795 | +$405 (+14.5%) |
| 2BR | $1,760 | $2,795 | −$1,035 (-37.0%) |
| 3BR | $5,500 | $3,923 | +$1,578 (+40.2%) |
| 3BR | $3,200 | $3,923 | −$722 (-18.4%) |
| 4BR | $9,500 | $4,750 | +$4,750 (+100.0%) |
| 4BR | $4,500 | $4,750 | −$250 (-5.3%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.