Monthly Rent Report
South LA Rent Report — March 2023
Asking rents in ZIP 90007, Los Angeles, from 613 listings.
Median 1BR rent in South LA was $600 in March 2023, down 69.2% (−$1,350) from February 2023 and down 64.7% year-over-year. The middle half of 1BR listings asked between $600 and $600. That puts South LA $1,497 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 613 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | +$100 (+6.3%) | +$40 (+2.4%) | $1,495 – $1,950 | 90 |
| Studio | $1,445 | −$155 (-9.7%) | −$215 (-13.0%) | $1,445 – $1,445 | 1 |
| 1BR | $600 | −$1,350 (-69.2%) | −$1,100 (-64.7%) | $600 – $600 | 1 |
| 1BR | $2,096 | +$146 (+7.5%) | +$396 (+23.3%) | $1,900 – $2,600 | 93 |
| 2BR | $2,195 | −$405 (-15.6%) | +$200 (+10.0%) | $2,195 – $2,195 | 1 |
| 2BR | $2,908 | +$308 (+11.8%) | +$913 (+45.7%) | $2,395 – $3,475 | 114 |
| 3BR | $3,800 | −$395 (-9.4%) | +$1,300 (+52.0%) | $3,300 – $4,600 | 37 |
| 3BR | $4,037 | −$158 (-3.8%) | +$1,537 (+61.5%) | $3,300 – $5,000 | 80 |
| 4BR | $6,000 | +$238 (+4.1%) | +$2,805 (+87.8%) | $4,800 – $6,700 | 59 |
| 4BR | $6,067 | +$305 (+5.3%) | +$2,872 (+89.9%) | $4,445 – $6,700 | 30 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — March 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,745 | −$45 (-2.6%) |
| Studio | $1,445 | $1,745 | −$300 (-17.2%) |
| 1BR | $600 | $2,097 | −$1,497 (-71.4%) |
| 1BR | $2,096 | $2,097 | −$1 (-0.0%) |
| 2BR | $2,195 | $2,750 | −$555 (-20.2%) |
| 2BR | $2,908 | $2,750 | +$158 (+5.7%) |
| 3BR | $3,800 | $3,923 | −$122 (-3.1%) |
| 3BR | $4,037 | $3,923 | +$115 (+2.9%) |
| 4BR | $6,000 | $4,760 | +$1,240 (+26.1%) |
| 4BR | $6,067 | $4,760 | +$1,307 (+27.5%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.