Monthly Rent Report
South LA Rent Report — June 2024
Asking rents in ZIP 90003, Los Angeles, from 258 listings.
Median 1BR rent in South LA was $2,093 in June 2024, down 4.9% (−$107) from May 2024 and up 16.6% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,300. That puts South LA in line with the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 258 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | $0 (0.0%) | −$150 (-10.7%) | $1,250 – $1,250 | 1 |
| Studio | $1,800 | +$550 (+44.0%) | +$400 (+28.6%) | $1,581 – $2,000 | 12 |
| 1BR | $2,093 | −$107 (-4.9%) | +$298 (+16.6%) | $1,800 – $2,300 | 100 |
| 1BR | $1,750 | −$450 (-20.5%) | −$45 (-2.5%) | $1,750 – $1,750 | 1 |
| 2BR | $2,357 | −$309 (-11.6%) | +$107 (+4.7%) | $2,342 – $2,373 | 4 |
| 2BR | $2,450 | −$216 (-8.1%) | +$200 (+8.9%) | $2,450 – $2,450 | 1 |
| 3BR | $3,500 | +$35 (+1.0%) | +$750 (+27.3%) | $3,100 – $3,900 | 87 |
| 3BR | $5,795 | +$2,330 (+67.2%) | +$3,045 (+110.7%) | $5,795 – $5,795 | 1 |
| 4BR | $3,850 | −$350 (-8.3%) | −$650 (-14.4%) | $3,538 – $3,900 | 27 |
| 4BR | $3,875 | −$325 (-7.7%) | −$625 (-13.9%) | $3,850 – $4,200 | 6 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — June 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,759 | −$509 (-28.9%) |
| Studio | $1,800 | $1,759 | +$41 (+2.3%) |
| 1BR | $2,093 | $2,100 | −$7 (-0.4%) |
| 1BR | $1,750 | $2,100 | −$350 (-16.7%) |
| 2BR | $2,357 | $2,885 | −$528 (-18.3%) |
| 2BR | $2,450 | $2,885 | −$435 (-15.1%) |
| 3BR | $3,500 | $3,900 | −$400 (-10.3%) |
| 3BR | $5,795 | $3,900 | +$1,895 (+48.6%) |
| 4BR | $3,850 | $5,000 | −$1,150 (-23.0%) |
| 4BR | $3,875 | $5,000 | −$1,125 (-22.5%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.