Monthly Rent Report
South LA Rent Report — November 2023
Asking rents in ZIP 90003, Los Angeles, from 85 listings.
Median 1BR rent in South LA was $2,000 in November 2023, up 1.4% (+$28) from October 2023 and down 4.6% year-over-year. The middle half of 1BR listings asked between $1,825 and $2,150. That puts South LA $125 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 85 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | +$25 (+1.9%) | −$315 (-18.9%) | $1,275 – $1,350 | 9 |
| Studio | $1,699 | +$374 (+28.2%) | +$34 (+2.0%) | $1,699 – $1,699 | 1 |
| 1BR | $2,000 | +$28 (+1.4%) | −$96 (-4.6%) | $1,825 – $2,150 | 8 |
| 1BR | $1,895 | −$77 (-3.9%) | −$201 (-9.6%) | $1,895 – $1,895 | 1 |
| 2BR | $2,500 | +$301 (+13.7%) | −$100 (-3.8%) | $2,500 – $3,000 | 19 |
| 2BR | $2,408 | +$209 (+9.5%) | −$192 (-7.4%) | $2,279 – $2,537 | 2 |
| 3BR | $3,708 | +$708 (+23.6%) | +$1,413 (+61.5%) | $3,604 – $3,811 | 2 |
| 3BR | $2,495 | −$505 (-16.8%) | +$200 (+8.7%) | $2,495 – $2,495 | 2 |
| 4BR | $3,988 | +$588 (+17.3%) | +$188 (+4.9%) | $3,400 – $4,320 | 28 |
| 4BR | $2,750 | −$650 (-19.1%) | −$1,050 (-27.6%) | $2,750 – $2,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — November 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,775 | −$425 (-23.9%) |
| Studio | $1,699 | $1,775 | −$76 (-4.3%) |
| 1BR | $2,000 | $2,125 | −$125 (-5.9%) |
| 1BR | $1,895 | $2,125 | −$230 (-10.8%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 2BR | $2,408 | $2,795 | −$387 (-13.8%) |
| 3BR | $3,708 | $3,950 | −$242 (-6.1%) |
| 3BR | $2,495 | $3,950 | −$1,455 (-36.8%) |
| 4BR | $3,988 | $4,994 | −$1,006 (-20.1%) |
| 4BR | $2,750 | $4,994 | −$2,244 (-44.9%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.