Monthly Rent Report
South LA Rent Report — August 2022
Asking rents in ZIP 90003, Los Angeles, from 58 listings.
Median 1BR rent in South LA was $1,543 in August 2022, down 29.8% (−$655) from July 2022 and down 3.6% year-over-year. The middle half of 1BR listings asked between $1,543 and $1,543. That puts South LA $552 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 58 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,650 | — | +$1,455 (+121.8%) | $2,650 – $2,650 | 1 |
| 1BR | $1,543 | −$655 (-29.8%) | −$57 (-3.6%) | $1,543 – $1,543 | 1 |
| 1BR | $1,924 | −$274 (-12.5%) | +$324 (+20.3%) | $1,695 – $1,924 | 5 |
| 2BR | $2,400 | +$250 (+11.6%) | +$219 (+10.0%) | $2,400 – $2,400 | 1 |
| 2BR | $2,150 | $0 (0.0%) | −$31 (-1.4%) | $2,100 – $2,263 | 24 |
| 3BR | $2,950 | +$100 (+3.5%) | +$300 (+11.3%) | $2,890 – $3,095 | 12 |
| 3BR | $1,550 | −$1,300 (-45.6%) | −$1,100 (-41.5%) | $1,550 – $1,550 | 1 |
| 4BR | $3,700 | — | +$600 (+19.4%) | $3,700 – $3,700 | 1 |
| 4BR | $3,700 | — | +$600 (+19.4%) | $3,700 – $3,700 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — August 2022
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,650 | $1,773 | +$878 (+49.5%) |
| 1BR | $1,543 | $2,095 | −$552 (-26.3%) |
| 1BR | $1,924 | $2,095 | −$171 (-8.2%) |
| 2BR | $2,400 | $2,880 | −$480 (-16.7%) |
| 2BR | $2,150 | $2,880 | −$730 (-25.3%) |
| 3BR | $2,950 | $3,795 | −$845 (-22.3%) |
| 3BR | $1,550 | $3,795 | −$2,245 (-59.2%) |
| 4BR | $3,700 | $5,200 | −$1,500 (-28.8%) |
| 4BR | $3,700 | $5,200 | −$1,500 (-28.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.