Monthly Rent Report
South LA Rent Report — October 2023
Asking rents in ZIP 90003, Los Angeles, from 37 listings.
Median 1BR rent in South LA was $1,973 in October 2023, up 23.7% (+$378) from September 2023 and down 5.9% year-over-year. The middle half of 1BR listings asked between $1,884 and $2,061. That puts South LA $25 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 37 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$150 (-10.7%) | — | $1,250 – $1,250 | 1 |
| Studio | $1,325 | −$75 (-5.4%) | — | $1,325 – $1,325 | 1 |
| 1BR | $1,973 | +$378 (+23.7%) | −$123 (-5.9%) | $1,884 – $2,061 | 2 |
| 1BR | $2,407 | +$812 (+50.9%) | +$311 (+14.8%) | $1,695 – $2,407 | 5 |
| 2BR | $2,800 | +$507 (+22.1%) | +$753 (+36.8%) | $2,600 – $2,800 | 15 |
| 2BR | $2,199 | −$94 (-4.1%) | +$152 (+7.4%) | $2,199 – $2,199 | 2 |
| 3BR | $3,000 | −$500 (-14.3%) | +$38 (+1.3%) | $3,000 – $3,000 | 1 |
| 3BR | $3,000 | −$500 (-14.3%) | +$38 (+1.3%) | $3,000 – $3,200 | 5 |
| 4BR | $4,000 | +$300 (+8.1%) | +$800 (+25.0%) | $4,000 – $4,000 | 2 |
| 4BR | $3,400 | −$300 (-8.1%) | +$200 (+6.3%) | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — October 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,700 | −$450 (-26.5%) |
| Studio | $1,325 | $1,700 | −$375 (-22.1%) |
| 1BR | $1,973 | $1,998 | −$25 (-1.3%) |
| 1BR | $2,407 | $1,998 | +$410 (+20.5%) |
| 2BR | $2,800 | $2,750 | +$50 (+1.8%) |
| 2BR | $2,199 | $2,750 | −$551 (-20.0%) |
| 3BR | $3,000 | $4,195 | −$1,195 (-28.5%) |
| 3BR | $3,000 | $4,195 | −$1,195 (-28.5%) |
| 4BR | $4,000 | $5,275 | −$1,275 (-24.2%) |
| 4BR | $3,400 | $5,275 | −$1,875 (-35.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.