Monthly Rent Report
Pasadena Rent Report — May 2024
Asking rents in ZIP 91107, Los Angeles, from 327 listings.
Median 1BR rent in Pasadena was $2,495 in May 2024, up 46.8% (+$795) from April 2024 and up 13.4% year-over-year. The middle half of 1BR listings asked between $1,950 and $3,136. That puts Pasadena $400 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 327 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | −$450 (-19.1%) | −$380 (-16.7%) | $1,900 – $1,900 | 1 |
| Studio | $2,040 | −$310 (-13.2%) | −$240 (-10.5%) | $1,675 – $2,800 | 30 |
| 1BR | $2,495 | +$795 (+46.8%) | +$295 (+13.4%) | $1,950 – $3,136 | 114 |
| 1BR | $1,895 | +$195 (+11.5%) | −$305 (-13.9%) | $1,895 – $1,895 | 1 |
| 2BR | $3,300 | +$200 (+6.5%) | +$600 (+22.2%) | $3,300 – $3,300 | 1 |
| 2BR | $3,300 | +$200 (+6.5%) | +$600 (+22.2%) | $2,690 – $3,565 | 100 |
| 3BR | $3,648 | −$2,352 (-39.2%) | −$1,152 (-24.0%) | $2,845 – $4,750 | 56 |
| 3BR | $3,395 | −$2,605 (-43.4%) | −$1,405 (-29.3%) | $3,395 – $3,395 | 2 |
| 4BR | $6,450 | $0 (0.0%) | +$1,795 (+38.6%) | $5,575 – $7,325 | 12 |
| 4BR | $4,950 | −$1,500 (-23.3%) | +$295 (+6.3%) | $3,500 – $6,425 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $1,795 | +$105 (+5.8%) |
| Studio | $2,040 | $1,795 | +$245 (+13.6%) |
| 1BR | $2,495 | $2,095 | +$400 (+19.1%) |
| 1BR | $1,895 | $2,095 | −$200 (-9.5%) |
| 2BR | $3,300 | $2,850 | +$450 (+15.8%) |
| 2BR | $3,300 | $2,850 | +$450 (+15.8%) |
| 3BR | $3,648 | $3,969 | −$321 (-8.1%) |
| 3BR | $3,395 | $3,969 | −$573 (-14.5%) |
| 4BR | $6,450 | $5,175 | +$1,275 (+24.6%) |
| 4BR | $4,950 | $5,175 | −$225 (-4.3%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.