Monthly Rent Report
South LA Rent Report — April 2024
Asking rents in ZIP 90003, Los Angeles, from 278 listings.
Median 1BR rent in South LA was $1,893 in April 2024, down 14.0% (−$307) from March 2024 and down 9.7% year-over-year. The middle half of 1BR listings asked between $1,893 and $1,893. That puts South LA $202 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 278 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$201 (+12.6%) | +$105 (+6.2%) | $1,599 – $1,950 | 10 |
| Studio | $1,250 | −$349 (-21.8%) | −$445 (-26.3%) | $1,250 – $1,250 | 1 |
| 1BR | $1,893 | −$307 (-14.0%) | −$203 (-9.7%) | $1,893 – $1,893 | 1 |
| 1BR | $2,500 | +$300 (+13.6%) | +$404 (+19.3%) | $2,500 – $2,500 | 5 |
| 2BR | $1,850 | −$73 (-3.8%) | −$372 (-16.7%) | $1,850 – $1,850 | 1 |
| 2BR | $2,600 | +$677 (+35.2%) | +$378 (+17.0%) | $2,300 – $2,900 | 121 |
| 3BR | $3,500 | +$100 (+2.9%) | +$400 (+12.9%) | $3,400 – $3,800 | 58 |
| 3BR | $3,500 | +$100 (+2.9%) | +$400 (+12.9%) | $2,916 – $3,750 | 30 |
| 4BR | $3,795 | $0 (0.0%) | +$295 (+8.4%) | $3,118 – $4,000 | 19 |
| 4BR | $3,800 | +$5 (+0.1%) | +$300 (+8.6%) | $3,500 – $4,300 | 13 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — April 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,795 | +$5 (+0.3%) |
| Studio | $1,250 | $1,795 | −$545 (-30.4%) |
| 1BR | $1,893 | $2,095 | −$202 (-9.6%) |
| 1BR | $2,500 | $2,095 | +$405 (+19.3%) |
| 2BR | $1,850 | $2,833 | −$983 (-34.7%) |
| 2BR | $2,600 | $2,833 | −$233 (-8.2%) |
| 3BR | $3,500 | $3,950 | −$450 (-11.4%) |
| 3BR | $3,500 | $3,950 | −$450 (-11.4%) |
| 4BR | $3,795 | $4,999 | −$1,204 (-24.1%) |
| 4BR | $3,800 | $4,999 | −$1,199 (-24.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.