Monthly Rent Report
South LA Rent Report — May 2023
Asking rents in ZIP 90003, Los Angeles, from 103 listings.
Median 1BR rent in South LA was $1,750 in May 2023, down 12.3% (−$245) from April 2023 and up 20.7% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,895. That puts South LA $372 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 103 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | +$305 (+18.0%) | +$805 (+67.4%) | $2,000 – $2,000 | 1 |
| Studio | $1,450 | −$245 (-14.5%) | +$255 (+21.3%) | $1,381 – $1,646 | 6 |
| 1BR | $1,750 | −$245 (-12.3%) | +$300 (+20.7%) | $1,650 – $1,895 | 19 |
| 1BR | $1,795 | −$200 (-10.0%) | +$345 (+23.8%) | $1,795 – $1,795 | 1 |
| 2BR | $2,150 | −$72 (-3.2%) | $0 (0.0%) | $2,150 – $2,150 | 1 |
| 2BR | $2,193 | −$29 (-1.3%) | +$43 (+2.0%) | $2,020 – $2,393 | 30 |
| 3BR | $3,200 | +$100 (+3.2%) | +$548 (+20.7%) | $3,200 – $3,200 | 1 |
| 3BR | $2,962 | −$138 (-4.5%) | +$310 (+11.7%) | $2,750 – $3,000 | 25 |
| 4BR | $3,500 | $0 (0.0%) | −$300 (-7.9%) | $3,500 – $3,500 | 1 |
| 4BR | $2,995 | −$505 (-14.4%) | −$805 (-21.2%) | $1,315 – $3,450 | 11 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — May 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $1,750 | +$250 (+14.3%) |
| Studio | $1,450 | $1,750 | −$300 (-17.1%) |
| 1BR | $1,750 | $2,122 | −$372 (-17.5%) |
| 1BR | $1,795 | $2,122 | −$327 (-15.4%) |
| 2BR | $2,150 | $2,780 | −$630 (-22.7%) |
| 2BR | $2,193 | $2,780 | −$587 (-21.1%) |
| 3BR | $3,200 | $3,943 | −$742 (-18.8%) |
| 3BR | $2,962 | $3,943 | −$980 (-24.9%) |
| 4BR | $3,500 | $5,000 | −$1,500 (-30.0%) |
| 4BR | $2,995 | $5,000 | −$2,005 (-40.1%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.