Monthly Rent Report
South LA Rent Report — February 2023
Asking rents in ZIP 90003, Los Angeles, from 210 listings.
Median 1BR rent in South LA was $1,924 in February 2023, up 6.9% (+$124) from January 2023 and down 12.3% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,924. That puts South LA $201 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 210 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | +$300 (+22.2%) | +$455 (+38.1%) | $1,650 – $1,650 | 1 |
| Studio | $1,350 | $0 (0.0%) | +$155 (+13.0%) | $1,325 – $1,650 | 3 |
| 1BR | $1,924 | +$124 (+6.9%) | −$271 (-12.3%) | $1,825 – $1,924 | 31 |
| 1BR | $2,096 | +$296 (+16.4%) | −$99 (-4.5%) | $2,096 – $2,096 | 1 |
| 2BR | $2,400 | −$100 (-4.0%) | −$300 (-11.1%) | $2,000 – $2,500 | 58 |
| 2BR | $2,400 | −$100 (-4.0%) | −$300 (-11.1%) | $2,400 – $2,400 | 1 |
| 3BR | $2,962 | −$33 (-1.1%) | +$567 (+23.7%) | $2,700 – $3,200 | 67 |
| 3BR | $3,600 | +$605 (+20.2%) | +$1,205 (+50.3%) | $3,600 – $3,600 | 1 |
| 4BR | $2,559 | −$841 (-24.7%) | — | $2,559 – $3,227 | 10 |
| 4BR | $3,300 | −$100 (-2.9%) | — | $2,559 – $3,450 | 30 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — February 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,795 | −$145 (-8.1%) |
| Studio | $1,350 | $1,795 | −$445 (-24.8%) |
| 1BR | $1,924 | $2,125 | −$201 (-9.5%) |
| 1BR | $2,096 | $2,125 | −$29 (-1.4%) |
| 2BR | $2,400 | $2,773 | −$373 (-13.5%) |
| 2BR | $2,400 | $2,773 | −$373 (-13.5%) |
| 3BR | $2,962 | $3,850 | −$888 (-23.1%) |
| 3BR | $3,600 | $3,850 | −$250 (-6.5%) |
| 4BR | $2,559 | $4,695 | −$2,136 (-45.5%) |
| 4BR | $3,300 | $4,695 | −$1,395 (-29.7%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.