Monthly Rent Report
South LA Rent Report — September 2024
Asking rents in ZIP 90003, Los Angeles, from 50 listings.
Median 1BR rent in South LA was $2,407 in September 2024, up 202.8% (+$1,612) from August 2024 and up 50.9% year-over-year. The middle half of 1BR listings asked between $2,407 and $2,407. That puts South LA $409 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 50 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,093 | +$943 (+82.0%) | +$693 (+49.5%) | $2,093 – $2,093 | 1 |
| 1BR | $2,407 | +$1,612 (+202.8%) | +$812 (+50.9%) | $2,407 – $2,407 | 1 |
| 1BR | $2,350 | +$1,555 (+195.6%) | +$755 (+47.3%) | $2,350 – $2,350 | 1 |
| 2BR | $2,730 | −$169 (-5.8%) | +$437 (+19.0%) | $2,407 – $3,052 | 4 |
| 2BR | $2,407 | −$492 (-17.0%) | +$114 (+5.0%) | $2,407 – $2,407 | 1 |
| 3BR | $3,075 | −$840 (-21.5%) | −$225 (-6.8%) | $2,950 – $3,200 | 6 |
| 3BR | $3,200 | −$715 (-18.3%) | −$100 (-3.0%) | $3,150 – $3,250 | 2 |
| 4BR | $3,900 | +$300 (+8.3%) | +$250 (+6.8%) | $2,995 – $4,200 | 33 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — September 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,093 | $1,755 | +$338 (+19.3%) |
| 1BR | $2,407 | $1,999 | +$409 (+20.4%) |
| 1BR | $2,350 | $1,999 | +$352 (+17.6%) |
| 2BR | $2,730 | $2,795 | −$65 (-2.3%) |
| 2BR | $2,407 | $2,795 | −$388 (-13.9%) |
| 3BR | $3,075 | $3,850 | −$775 (-20.1%) |
| 3BR | $3,200 | $3,850 | −$650 (-16.9%) |
| 4BR | $3,900 | $4,995 | −$1,095 (-21.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.