Monthly Rent Report
South LA Rent Report — April 2023
Asking rents in ZIP 90003, Los Angeles, from 230 listings.
Median 1BR rent in South LA was $1,995 in April 2023, up 14.0% (+$245) from March 2023 and up 13.1% year-over-year. The middle half of 1BR listings asked between $1,671 and $2,075. That puts South LA $102 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 230 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | −$255 (-13.1%) | +$473 (+38.7%) | $1,695 – $1,695 | 1 |
| Studio | $2,675 | +$725 (+37.2%) | +$1,453 (+118.8%) | $2,313 – $3,038 | 2 |
| 1BR | $1,995 | +$245 (+14.0%) | +$231 (+13.1%) | $1,671 – $2,075 | 28 |
| 1BR | $2,096 | +$346 (+19.8%) | +$332 (+18.8%) | $2,096 – $2,096 | 1 |
| 2BR | $1,995 | −$255 (-11.3%) | +$195 (+10.8%) | $1,995 – $1,995 | 1 |
| 2BR | $2,222 | −$28 (-1.2%) | +$422 (+23.4%) | $2,097 – $2,500 | 50 |
| 3BR | $3,100 | −$365 (-10.5%) | −$100 (-3.1%) | $2,950 – $3,465 | 49 |
| 3BR | $3,100 | −$365 (-10.5%) | −$100 (-3.1%) | $2,950 – $3,300 | 45 |
| 4BR | $3,500 | +$50 (+1.4%) | — | $3,497 – $3,900 | 17 |
| 4BR | $3,500 | +$50 (+1.4%) | — | $3,450 – $3,900 | 13 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — April 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,775 | −$80 (-4.5%) |
| Studio | $2,675 | $1,775 | +$900 (+50.7%) |
| 1BR | $1,995 | $2,097 | −$102 (-4.9%) |
| 1BR | $2,096 | $2,097 | −$1 (-0.0%) |
| 2BR | $1,995 | $2,795 | −$800 (-28.6%) |
| 2BR | $2,222 | $2,795 | −$573 (-20.5%) |
| 3BR | $3,100 | $3,895 | −$795 (-20.4%) |
| 3BR | $3,100 | $3,895 | −$795 (-20.4%) |
| 4BR | $3,500 | $4,970 | −$1,470 (-29.6%) |
| 4BR | $3,500 | $4,970 | −$1,470 (-29.6%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.