Monthly Rent Report
South LA Rent Report — September 2023
Asking rents in ZIP 90003, Los Angeles, from 38 listings.
Median 1BR rent in South LA was $1,823 in September 2023, up 7.5% (+$128) from August 2023 and down 0.8% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,886. That puts South LA $178 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 38 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | +$75 (+5.7%) | −$300 (-17.6%) | $1,400 – $1,400 | 1 |
| 1BR | $1,823 | +$128 (+7.5%) | −$14 (-0.8%) | $1,795 – $1,886 | 4 |
| 1BR | $1,595 | −$100 (-5.9%) | −$242 (-13.2%) | $1,595 – $1,595 | 1 |
| 2BR | $2,293 | −$373 (-14.0%) | +$293 (+14.6%) | $2,293 – $2,293 | 1 |
| 2BR | $2,400 | −$266 (-10.0%) | +$400 (+20.0%) | $2,195 – $2,611 | 18 |
| 3BR | $3,500 | +$600 (+20.7%) | +$300 (+9.4%) | $3,500 – $3,604 | 8 |
| 3BR | $3,300 | +$400 (+13.8%) | +$100 (+3.1%) | $3,300 – $3,300 | 1 |
| 4BR | $3,650 | −$350 (-8.8%) | +$850 (+30.4%) | $3,625 – $3,675 | 2 |
| 4BR | $3,700 | −$300 (-7.5%) | +$900 (+32.1%) | $3,700 – $3,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — September 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,795 | −$395 (-22.0%) |
| 1BR | $1,823 | $2,000 | −$177 (-8.9%) |
| 1BR | $1,595 | $2,000 | −$405 (-20.3%) |
| 2BR | $2,293 | $2,750 | −$457 (-16.6%) |
| 2BR | $2,400 | $2,750 | −$350 (-12.7%) |
| 3BR | $3,500 | $3,948 | −$447 (-11.3%) |
| 3BR | $3,300 | $3,948 | −$647 (-16.4%) |
| 4BR | $3,650 | $5,000 | −$1,350 (-27.0%) |
| 4BR | $3,700 | $5,000 | −$1,300 (-26.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.