Monthly Rent Report

South LA Rent Report — January 2023

Asking rents in ZIP 90007, Los Angeles, from 323 listings.

Median 1BR rent in South LA was $2,055 in January 2023, up 17.6% (+$308) from December 2022 and up 75.3% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,400. That puts South LA $70 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 323 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2022Vs. January 2022P25–P75 RangeListings
Studio$2,096+$96 (+4.8%)+$796 (+61.2%)$2,096 – $2,0963
Studio$1,840−$160 (-8.0%)+$540 (+41.5%)$1,484 – $2,00032
1BR$2,055+$308 (+17.6%)+$883 (+75.3%)$2,000 – $2,40035
1BR$15,725+$13,978 (+800.1%)+$14,553 (+1241.2%)$15,725 – $15,7251
2BR$2,523+$23 (+0.9%)+$73 (+3.0%)$2,320 – $2,6506
2BR$2,650+$150 (+6.0%)+$200 (+8.2%)$2,600 – $3,36380
3BR$4,074−$276 (-6.3%)−$1,176 (-22.4%)$3,800 – $5,00093
3BR$3,800−$550 (-12.6%)−$1,450 (-27.6%)$3,600 – $3,8009
4BR$4,600−$900 (-16.4%)−$1,562 (-25.3%)$4,098 – $5,30039
4BR$7,250+$1,750 (+31.8%)+$1,088 (+17.7%)$7,250 – $7,2501

Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.

South LA vs. Los AngelesJanuary 2023

BedroomsSouth LA MedianLos Angeles Citywide MedianDifference
Studio$2,096$1,795+$301 (+16.8%)
Studio$1,840$1,795+$45 (+2.5%)
1BR$2,055$2,125−$70 (-3.3%)
1BR$15,725$2,125+$13,600 (+640.0%)
2BR$2,523$2,861−$339 (-11.8%)
2BR$2,650$2,861−$211 (-7.4%)
3BR$4,074$3,848+$227 (+5.9%)
3BR$3,800$3,848−$47 (-1.2%)
4BR$4,600$5,000−$399 (-8.0%)
4BR$7,250$5,000+$2,251 (+45.0%)

Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.

Advertisement