Monthly Rent Report
South LA Rent Report — June 2023
Asking rents in ZIP 90003, Los Angeles, from 57 listings.
Median 1BR rent in South LA was $1,795 in June 2023, flat versus May 2023 and up 1.8% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,795. That puts South LA $305 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 57 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,425 | −$25 (-1.7%) | −$235 (-14.2%) | $1,388 – $1,463 | 2 |
| Studio | $1,400 | −$50 (-3.4%) | −$260 (-15.7%) | $1,400 – $1,400 | 1 |
| 1BR | $1,795 | $0 (0.0%) | +$31 (+1.8%) | $1,795 – $1,795 | 1 |
| 1BR | $1,750 | −$45 (-2.5%) | −$14 (-0.8%) | $1,695 – $1,795 | 13 |
| 2BR | $2,250 | +$100 (+4.7%) | −$202 (-8.2%) | $2,250 – $2,250 | 1 |
| 2BR | $2,150 | $0 (0.0%) | −$302 (-12.3%) | $2,095 – $2,398 | 19 |
| 3BR | $3,000 | +$38 (+1.3%) | −$150 (-4.8%) | $3,000 – $3,000 | 1 |
| 3BR | $2,750 | −$212 (-7.2%) | −$400 (-12.7%) | $2,495 – $2,970 | 11 |
| 4BR | $3,550 | +$555 (+18.5%) | +$991 (+38.7%) | $3,525 – $3,575 | 2 |
| 4BR | $4,500 | +$1,505 (+50.3%) | +$1,941 (+75.8%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — June 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,425 | $1,758 | −$333 (-18.9%) |
| Studio | $1,400 | $1,758 | −$358 (-20.4%) |
| 1BR | $1,795 | $2,100 | −$305 (-14.5%) |
| 1BR | $1,750 | $2,100 | −$350 (-16.7%) |
| 2BR | $2,250 | $2,900 | −$650 (-22.4%) |
| 2BR | $2,150 | $2,900 | −$750 (-25.9%) |
| 3BR | $3,000 | $3,850 | −$850 (-22.1%) |
| 3BR | $2,750 | $3,850 | −$1,100 (-28.6%) |
| 4BR | $3,550 | $5,100 | −$1,550 (-30.4%) |
| 4BR | $4,500 | $5,100 | −$600 (-11.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.