Monthly Rent Report
South LA Rent Report — July 2023
Asking rents in ZIP 90003, Los Angeles, from 87 listings.
Median 1BR rent in South LA was $1,850 in July 2023, up 3.1% (+$55) from June 2023 and down 15.8% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts South LA $275 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 87 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | −$25 (-1.8%) | — | $1,400 – $1,400 | 1 |
| Studio | $1,388 | −$37 (-2.6%) | — | $1,356 – $1,425 | 4 |
| 1BR | $1,850 | +$55 (+3.1%) | −$348 (-15.8%) | $1,850 – $1,850 | 1 |
| 1BR | $1,908 | +$113 (+6.3%) | −$290 (-13.2%) | $1,709 – $1,988 | 14 |
| 2BR | $1,950 | −$300 (-13.3%) | −$500 (-20.4%) | $1,925 – $1,975 | 2 |
| 2BR | $2,225 | −$25 (-1.1%) | −$225 (-9.2%) | $2,094 – $2,500 | 22 |
| 3BR | $3,325 | +$325 (+10.8%) | +$475 (+16.7%) | $2,725 – $3,461 | 10 |
| 3BR | $2,981 | −$19 (-0.6%) | +$131 (+4.6%) | $2,756 – $3,058 | 16 |
| 4BR | $3,600 | +$50 (+1.4%) | — | $2,995 – $3,804 | 9 |
| 4BR | $3,802 | +$252 (+7.1%) | — | $3,801 – $3,803 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — July 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,800 | −$400 (-22.2%) |
| Studio | $1,388 | $1,800 | −$412 (-22.9%) |
| 1BR | $1,850 | $2,125 | −$275 (-12.9%) |
| 1BR | $1,908 | $2,125 | −$217 (-10.2%) |
| 2BR | $1,950 | $2,873 | −$923 (-32.1%) |
| 2BR | $2,225 | $2,873 | −$648 (-22.6%) |
| 3BR | $3,325 | $3,836 | −$511 (-13.3%) |
| 3BR | $2,981 | $3,836 | −$855 (-22.3%) |
| 4BR | $3,600 | $4,572 | −$972 (-21.3%) |
| 4BR | $3,802 | $4,572 | −$770 (-16.8%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.