Monthly Rent Report
South LA Rent Report — October 2024
Asking rents in ZIP 90003, Los Angeles, from 58 listings.
Median 1BR rent in South LA was $1,800 in October 2024, down 25.2% (−$607) from September 2024 and down 8.7% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts South LA $211 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 58 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,380 | −$713 (-34.1%) | +$55 (+4.2%) | $1,380 – $1,380 | 1 |
| 1BR | $1,800 | −$607 (-25.2%) | −$172 (-8.7%) | $1,800 – $1,800 | 1 |
| 1BR | $2,395 | −$12 (-0.5%) | +$423 (+21.4%) | $2,395 – $2,400 | 9 |
| 2BR | $2,195 | −$534 (-19.6%) | −$4 (-0.2%) | $2,195 – $2,195 | 1 |
| 2BR | $2,666 | −$63 (-2.3%) | +$467 (+21.2%) | $1,901 – $3,052 | 15 |
| 3BR | $2,950 | −$125 (-4.1%) | −$50 (-1.7%) | $2,950 – $2,950 | 1 |
| 3BR | $3,300 | +$225 (+7.3%) | +$300 (+10.0%) | $2,572 – $3,750 | 12 |
| 4BR | $2,171 | −$1,729 (-44.3%) | −$1,829 (-45.7%) | $1,879 – $2,172 | 4 |
| 4BR | $3,915 | +$15 (+0.4%) | −$85 (-2.1%) | $3,915 – $3,915 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — October 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,380 | $1,700 | −$320 (-18.8%) |
| 1BR | $1,800 | $2,011 | −$211 (-10.5%) |
| 1BR | $2,395 | $2,011 | +$384 (+19.1%) |
| 2BR | $2,195 | $2,727 | −$532 (-19.5%) |
| 2BR | $2,666 | $2,727 | −$61 (-2.2%) |
| 3BR | $2,950 | $3,816 | −$866 (-22.7%) |
| 3BR | $3,300 | $3,816 | −$516 (-13.5%) |
| 4BR | $2,171 | $5,225 | −$3,054 (-58.5%) |
| 4BR | $3,915 | $5,225 | −$1,310 (-25.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.