Monthly Rent Report
South LA Rent Report — March 2024
Asking rents in ZIP 90003, Los Angeles, from 139 listings.
Median 1BR rent in South LA was $2,200 in March 2024, up 15.8% (+$300) from February 2024 and up 25.7% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,421. That puts South LA $55 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 139 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$51 (+2.9%) | −$150 (-7.7%) | $1,660 – $3,100 | 5 |
| Studio | $1,599 | −$150 (-8.6%) | −$351 (-18.0%) | $1,599 – $1,599 | 1 |
| 1BR | $2,200 | +$300 (+15.8%) | +$450 (+25.7%) | $2,200 – $2,421 | 6 |
| 1BR | $1,450 | −$450 (-23.7%) | −$300 (-17.1%) | $1,450 – $1,673 | 3 |
| 2BR | $1,923 | −$860 (-30.9%) | −$327 (-14.5%) | $1,923 – $1,923 | 1 |
| 2BR | $2,498 | −$285 (-10.3%) | +$248 (+11.0%) | $2,194 – $2,738 | 50 |
| 3BR | $3,000 | −$400 (-11.8%) | −$465 (-13.4%) | $3,000 – $3,000 | 2 |
| 3BR | $3,400 | $0 (0.0%) | −$65 (-1.9%) | $3,348 – $4,398 | 3 |
| 4BR | $3,795 | +$145 (+4.0%) | +$345 (+10.0%) | $3,500 – $4,000 | 30 |
| 4BR | $3,795 | +$145 (+4.0%) | +$345 (+10.0%) | $3,500 – $4,000 | 25 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — March 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,723 | +$78 (+4.5%) |
| Studio | $1,599 | $1,723 | −$123 (-7.2%) |
| 1BR | $2,200 | $2,145 | +$55 (+2.6%) |
| 1BR | $1,450 | $2,145 | −$695 (-32.4%) |
| 2BR | $1,923 | $2,850 | −$927 (-32.5%) |
| 2BR | $2,498 | $2,850 | −$352 (-12.4%) |
| 3BR | $3,000 | $3,762 | −$762 (-20.3%) |
| 3BR | $3,400 | $3,762 | −$362 (-9.6%) |
| 4BR | $3,795 | $4,950 | −$1,155 (-23.3%) |
| 4BR | $3,795 | $4,950 | −$1,155 (-23.3%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.