Monthly Rent Report
Pasadena Rent Report — February 2024
Asking rents in ZIP 91107, Los Angeles, from 358 listings.
Median 1BR rent in Pasadena was $2,350 in February 2024, up 47.3% (+$755) from January 2024 and up 27.0% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,350. That puts Pasadena $155 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 358 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,240 | +$340 (+17.9%) | +$224 (+11.1%) | $1,730 – $2,570 | 26 |
| Studio | $2,240 | +$340 (+17.9%) | +$224 (+11.1%) | $1,730 – $2,570 | 26 |
| 1BR | $2,350 | +$755 (+47.3%) | +$500 (+27.0%) | $2,350 – $2,350 | 1 |
| 1BR | $2,850 | +$1,255 (+78.7%) | +$1,000 (+54.1%) | $1,895 – $3,300 | 128 |
| 2BR | $3,300 | +$900 (+37.5%) | +$1,000 (+43.5%) | $3,300 – $3,300 | 1 |
| 2BR | $3,300 | +$900 (+37.5%) | +$1,000 (+43.5%) | $2,500 – $3,875 | 80 |
| 3BR | $5,200 | +$700 (+15.6%) | +$2,355 (+82.8%) | $5,200 – $5,200 | 1 |
| 3BR | $4,900 | +$400 (+8.9%) | +$2,055 (+72.2%) | $3,775 – $5,700 | 71 |
| 4BR | $10,000 | −$4,950 (-33.1%) | +$5,750 (+135.3%) | $4,900 – $12,750 | 17 |
| 4BR | $11,500 | −$3,450 (-23.1%) | +$7,250 (+170.6%) | $11,500 – $12,125 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — February 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,240 | $1,750 | +$491 (+28.0%) |
| Studio | $2,240 | $1,750 | +$491 (+28.0%) |
| 1BR | $2,350 | $2,195 | +$155 (+7.1%) |
| 1BR | $2,850 | $2,195 | +$655 (+29.8%) |
| 2BR | $3,300 | $2,850 | +$450 (+15.8%) |
| 2BR | $3,300 | $2,850 | +$450 (+15.8%) |
| 3BR | $5,200 | $3,995 | +$1,205 (+30.2%) |
| 3BR | $4,900 | $3,995 | +$905 (+22.7%) |
| 4BR | $10,000 | $5,000 | +$5,000 (+100.0%) |
| 4BR | $11,500 | $5,000 | +$6,500 (+130.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.