Monthly Rent Report
Pasadena Rent Report — March 2024
Asking rents in ZIP 91107, Los Angeles, from 210 listings.
Median 1BR rent in Pasadena was $2,400 in March 2024, up 2.1% (+$50) from February 2024 and up 20.6% year-over-year. The middle half of 1BR listings asked between $2,400 and $2,400. That puts Pasadena $255 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 210 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$790 (-35.3%) | −$350 (-19.4%) | $1,450 – $1,450 | 1 |
| Studio | $1,680 | −$560 (-25.0%) | −$120 (-6.7%) | $1,635 – $2,000 | 23 |
| 1BR | $2,400 | +$50 (+2.1%) | +$410 (+20.6%) | $2,400 – $2,400 | 2 |
| 1BR | $2,300 | −$50 (-2.1%) | +$310 (+15.6%) | $2,275 – $2,300 | 3 |
| 2BR | $3,420 | +$120 (+3.6%) | +$320 (+10.3%) | $2,961 – $3,704 | 94 |
| 2BR | $3,200 | −$100 (-3.0%) | +$100 (+3.2%) | $3,200 – $3,200 | 2 |
| 3BR | $3,800 | −$1,400 (-26.9%) | +$600 (+18.8%) | $2,845 – $4,900 | 57 |
| 3BR | $4,500 | −$700 (-13.5%) | +$1,300 (+40.6%) | $4,500 – $4,500 | 1 |
| 4BR | $5,900 | −$5,600 (-48.7%) | +$1,240 (+26.6%) | $5,800 – $7,900 | 9 |
| 4BR | $7,000 | −$4,500 (-39.1%) | +$2,340 (+50.2%) | $5,900 – $7,900 | 18 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,723 | −$272 (-15.8%) |
| Studio | $1,680 | $1,723 | −$42 (-2.5%) |
| 1BR | $2,400 | $2,145 | +$255 (+11.9%) |
| 1BR | $2,300 | $2,145 | +$155 (+7.2%) |
| 2BR | $3,420 | $2,850 | +$570 (+20.0%) |
| 2BR | $3,200 | $2,850 | +$350 (+12.3%) |
| 3BR | $3,800 | $3,762 | +$38 (+1.0%) |
| 3BR | $4,500 | $3,762 | +$738 (+19.6%) |
| 4BR | $5,900 | $4,950 | +$950 (+19.2%) |
| 4BR | $7,000 | $4,950 | +$2,050 (+41.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.