Monthly Rent Report
South LA Rent Report — July 2024
Asking rents in ZIP 90003, Los Angeles, from 66 listings.
Median 1BR rent in South LA was $2,000 in July 2024, up 14.3% (+$250) from June 2024 and up 8.1% year-over-year. The middle half of 1BR listings asked between $1,882 and $2,396. That puts South LA $95 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 66 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | +$425 (+34.0%) | +$275 (+19.6%) | $1,350 – $2,000 | 6 |
| Studio | $1,900 | +$650 (+52.0%) | +$500 (+35.7%) | $1,695 – $2,825 | 6 |
| 1BR | $2,000 | +$250 (+14.3%) | +$150 (+8.1%) | $1,882 – $2,396 | 20 |
| 1BR | $2,407 | +$657 (+37.5%) | +$557 (+30.1%) | $2,407 – $2,407 | 1 |
| 2BR | $2,400 | +$44 (+1.8%) | +$175 (+7.9%) | $2,400 – $2,400 | 1 |
| 2BR | $3,052 | +$696 (+29.5%) | +$827 (+37.2%) | $3,052 – $3,052 | 1 |
| 3BR | $2,875 | −$625 (-17.9%) | −$450 (-13.5%) | $2,850 – $2,900 | 6 |
| 3BR | $3,400 | −$100 (-2.9%) | +$75 (+2.3%) | $2,523 – $3,599 | 11 |
| 4BR | $3,000 | −$850 (-22.1%) | −$600 (-16.7%) | $2,078 – $3,925 | 7 |
| 4BR | $3,200 | −$650 (-16.9%) | −$400 (-11.1%) | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — July 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $1,778 | −$103 (-5.8%) |
| Studio | $1,900 | $1,778 | +$122 (+6.8%) |
| 1BR | $2,000 | $2,095 | −$95 (-4.5%) |
| 1BR | $2,407 | $2,095 | +$312 (+14.9%) |
| 2BR | $2,400 | $2,835 | −$435 (-15.3%) |
| 2BR | $3,052 | $2,835 | +$217 (+7.7%) |
| 3BR | $2,875 | $3,900 | −$1,025 (-26.3%) |
| 3BR | $3,400 | $3,900 | −$500 (-12.8%) |
| 4BR | $3,000 | $5,270 | −$2,270 (-43.1%) |
| 4BR | $3,200 | $5,270 | −$2,070 (-39.3%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.