Monthly Rent Report
South LA Rent Report — December 2023
Asking rents in ZIP 90003, Los Angeles, from 87 listings.
Median 1BR rent in South LA was $2,200 in December 2023, up 10.0% (+$200) from November 2023 and up 15.3% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,400. That puts South LA $71 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 87 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | +$345 (+25.6%) | — | $1,660 – $3,100 | 13 |
| Studio | $1,748 | +$398 (+29.4%) | — | $1,695 – $2,775 | 6 |
| 1BR | $2,200 | +$200 (+10.0%) | +$293 (+15.3%) | $2,100 – $2,400 | 9 |
| 1BR | $1,873 | −$127 (-6.4%) | −$35 (-1.8%) | $1,834 – $1,911 | 2 |
| 2BR | $2,200 | −$300 (-12.0%) | −$300 (-12.0%) | $2,200 – $2,200 | 2 |
| 2BR | $2,600 | +$100 (+4.0%) | +$100 (+4.0%) | $2,195 – $2,650 | 21 |
| 3BR | $3,600 | −$107 (-2.9%) | +$600 (+20.0%) | $3,500 – $3,758 | 7 |
| 3BR | $2,598 | −$1,110 (-29.9%) | −$402 (-13.4%) | $2,396 – $2,799 | 2 |
| 4BR | $3,400 | +$650 (+23.6%) | −$250 (-6.8%) | $3,400 – $3,400 | 1 |
| 4BR | $4,000 | +$1,250 (+45.5%) | +$350 (+9.6%) | $4,000 – $4,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — December 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,750 | −$55 (-3.1%) |
| Studio | $1,748 | $1,750 | −$2 (-0.1%) |
| 1BR | $2,200 | $2,129 | +$71 (+3.3%) |
| 1BR | $1,873 | $2,129 | −$256 (-12.0%) |
| 2BR | $2,200 | $2,795 | −$595 (-21.3%) |
| 2BR | $2,600 | $2,795 | −$195 (-7.0%) |
| 3BR | $3,600 | $3,923 | −$322 (-8.2%) |
| 3BR | $2,598 | $3,923 | −$1,325 (-33.8%) |
| 4BR | $3,400 | $4,750 | −$1,350 (-28.4%) |
| 4BR | $4,000 | $4,750 | −$750 (-15.8%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.