Monthly Rent Report
South LA Rent Report — May 2023
Asking rents in ZIP 90007, Los Angeles, from 508 listings.
Median 1BR rent in South LA was $1,980 in May 2023, up 1.5% (+$30) from April 2023 and down 0.8% year-over-year. The middle half of 1BR listings asked between $1,612 and $2,488. That puts South LA $142 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 508 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,888 | +$240 (+14.6%) | +$338 (+21.8%) | $1,500 – $2,200 | 78 |
| Studio | $1,000 | −$647 (-39.3%) | −$550 (-35.5%) | $1,000 – $1,000 | 1 |
| 1BR | $1,980 | +$30 (+1.5%) | −$15 (-0.8%) | $1,612 – $2,488 | 83 |
| 1BR | $2,365 | +$415 (+21.3%) | +$370 (+18.5%) | $1,925 – $2,600 | 21 |
| 2BR | $3,100 | +$100 (+3.3%) | +$440 (+16.5%) | $2,599 – $3,600 | 108 |
| 2BR | $2,200 | −$800 (-26.7%) | −$460 (-17.3%) | $2,200 – $2,200 | 1 |
| 3BR | $4,635 | +$135 (+3.0%) | +$538 (+13.1%) | $3,710 – $5,200 | 78 |
| 3BR | $4,650 | +$150 (+3.3%) | +$553 (+13.5%) | $3,916 – $5,277 | 15 |
| 4BR | $5,900 | −$100 (-1.7%) | +$700 (+13.5%) | $4,876 – $6,362 | 52 |
| 4BR | $4,800 | −$1,200 (-20.0%) | −$400 (-7.7%) | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — May 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,888 | $1,750 | +$138 (+7.9%) |
| Studio | $1,000 | $1,750 | −$750 (-42.9%) |
| 1BR | $1,980 | $2,122 | −$142 (-6.7%) |
| 1BR | $2,365 | $2,122 | +$243 (+11.5%) |
| 2BR | $3,100 | $2,780 | +$320 (+11.5%) |
| 2BR | $2,200 | $2,780 | −$580 (-20.9%) |
| 3BR | $4,635 | $3,943 | +$693 (+17.6%) |
| 3BR | $4,650 | $3,943 | +$708 (+17.9%) |
| 4BR | $5,900 | $5,000 | +$900 (+18.0%) |
| 4BR | $4,800 | $5,000 | −$200 (-4.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.