Monthly Rent Report
South LA Rent Report — February 2023
Asking rents in ZIP 90007, Los Angeles, from 389 listings.
Median 1BR rent in South LA was $1,950 in February 2023, down 5.1% (−$105) from January 2023 and down 9.3% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,345. That puts South LA $175 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 389 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$496 (-23.7%) | −$400 (-20.0%) | $1,495 – $1,800 | 45 |
| Studio | $1,600 | −$496 (-23.7%) | −$400 (-20.0%) | $1,600 – $1,600 | 1 |
| 1BR | $1,950 | −$105 (-5.1%) | −$200 (-9.3%) | $1,800 – $2,345 | 64 |
| 1BR | $1,950 | −$105 (-5.1%) | −$200 (-9.3%) | $1,950 – $1,950 | 1 |
| 2BR | $3,195 | +$673 (+26.7%) | +$1,045 (+48.6%) | $3,195 – $3,195 | 1 |
| 2BR | $2,600 | +$78 (+3.1%) | +$450 (+20.9%) | $2,200 – $3,056 | 85 |
| 3BR | $4,195 | +$121 (+3.0%) | +$1,345 (+47.2%) | $3,400 – $5,179 | 75 |
| 3BR | $2,900 | −$1,174 (-28.8%) | +$50 (+1.8%) | $2,900 – $2,900 | 3 |
| 4BR | $5,763 | +$1,163 (+25.3%) | −$237 (-4.0%) | $5,275 – $6,067 | 16 |
| 4BR | $5,500 | +$900 (+19.6%) | −$500 (-8.3%) | $5,275 – $6,067 | 20 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — February 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,795 | −$195 (-10.9%) |
| Studio | $1,600 | $1,795 | −$195 (-10.9%) |
| 1BR | $1,950 | $2,125 | −$175 (-8.2%) |
| 1BR | $1,950 | $2,125 | −$175 (-8.2%) |
| 2BR | $3,195 | $2,773 | +$422 (+15.2%) |
| 2BR | $2,600 | $2,773 | −$173 (-6.2%) |
| 3BR | $4,195 | $3,850 | +$345 (+9.0%) |
| 3BR | $2,900 | $3,850 | −$950 (-24.7%) |
| 4BR | $5,763 | $4,695 | +$1,068 (+22.7%) |
| 4BR | $5,500 | $4,695 | +$805 (+17.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.