Monthly Rent Report
South LA Rent Report — March 2023
Asking rents in ZIP 90003, Los Angeles, from 237 listings.
Median 1BR rent in South LA was $1,895 in March 2023, down 9.6% (−$201) from February 2023 and up 8.3% year-over-year. The middle half of 1BR listings asked between $1,895 and $1,895. That puts South LA $202 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 237 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | +$600 (+44.4%) | — | $1,950 – $1,950 | 3 |
| Studio | $1,950 | +$600 (+44.4%) | — | $1,800 – $1,950 | 4 |
| 1BR | $1,895 | −$201 (-9.6%) | +$145 (+8.3%) | $1,895 – $1,895 | 1 |
| 1BR | $1,750 | −$346 (-16.5%) | $0 (0.0%) | $1,695 – $1,925 | 29 |
| 2BR | $2,000 | −$400 (-16.7%) | $0 (0.0%) | $2,000 – $2,000 | 1 |
| 2BR | $2,250 | −$150 (-6.3%) | +$250 (+12.5%) | $2,195 – $2,500 | 73 |
| 3BR | $3,095 | +$133 (+4.5%) | +$264 (+9.3%) | $2,900 – $3,450 | 51 |
| 3BR | $3,465 | +$503 (+17.0%) | +$634 (+22.4%) | $3,465 – $3,465 | 1 |
| 4BR | $3,497 | +$938 (+36.7%) | +$147 (+4.4%) | $2,600 – $3,800 | 21 |
| 4BR | $3,450 | +$891 (+34.8%) | +$100 (+3.0%) | $2,600 – $3,800 | 39 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — March 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,745 | +$205 (+11.7%) |
| Studio | $1,950 | $1,745 | +$205 (+11.7%) |
| 1BR | $1,895 | $2,097 | −$202 (-9.6%) |
| 1BR | $1,750 | $2,097 | −$347 (-16.5%) |
| 2BR | $2,000 | $2,750 | −$750 (-27.3%) |
| 2BR | $2,250 | $2,750 | −$500 (-18.2%) |
| 3BR | $3,095 | $3,923 | −$827 (-21.1%) |
| 3BR | $3,465 | $3,923 | −$457 (-11.7%) |
| 4BR | $3,497 | $4,760 | −$1,263 (-26.5%) |
| 4BR | $3,450 | $4,760 | −$1,310 (-27.5%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.