Monthly Rent Report
South LA Rent Report — January 2024
Asking rents in ZIP 90003, Los Angeles, from 178 listings.
Median 1BR rent in South LA was $1,850 in January 2024, down 1.2% (−$22) from December 2023 and down 7.3% year-over-year. The middle half of 1BR listings asked between $1,600 and $2,000. That puts South LA $247 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 178 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,630 | −$117 (-6.7%) | +$280 (+20.7%) | $1,600 – $2,125 | 8 |
| Studio | $1,600 | −$147 (-8.4%) | +$250 (+18.5%) | $1,600 – $1,800 | 9 |
| 1BR | $1,850 | −$22 (-1.2%) | −$145 (-7.3%) | $1,600 – $2,000 | 24 |
| 1BR | $1,895 | +$23 (+1.2%) | −$100 (-5.0%) | $1,623 – $2,151 | 3 |
| 2BR | $2,600 | $0 (0.0%) | +$450 (+20.9%) | $2,400 – $2,800 | 73 |
| 2BR | $2,600 | $0 (0.0%) | +$450 (+20.9%) | $2,600 – $2,600 | 1 |
| 3BR | $3,000 | +$403 (+15.5%) | +$1,546 (+106.3%) | $3,000 – $3,000 | 1 |
| 3BR | $3,175 | +$578 (+22.2%) | +$1,721 (+118.3%) | $2,849 – $3,915 | 28 |
| 4BR | $2,945 | −$455 (-13.4%) | +$295 (+11.1%) | $2,735 – $3,500 | 22 |
| 4BR | $2,735 | −$665 (-19.6%) | +$85 (+3.2%) | $2,735 – $2,820 | 5 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — January 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,630 | $1,750 | −$120 (-6.9%) |
| Studio | $1,600 | $1,750 | −$150 (-8.6%) |
| 1BR | $1,850 | $2,097 | −$246 (-11.8%) |
| 1BR | $1,895 | $2,097 | −$201 (-9.6%) |
| 2BR | $2,600 | $2,795 | −$195 (-7.0%) |
| 2BR | $2,600 | $2,795 | −$195 (-7.0%) |
| 3BR | $3,000 | $3,950 | −$950 (-24.1%) |
| 3BR | $3,175 | $3,950 | −$775 (-19.6%) |
| 4BR | $2,945 | $5,200 | −$2,255 (-43.4%) |
| 4BR | $2,735 | $5,200 | −$2,465 (-47.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.