Monthly Rent Report
South LA Rent Report — June 2023
Asking rents in ZIP 90007, Los Angeles, from 294 listings.
Median 1BR rent in South LA was $1,800 in June 2023, down 23.9% (−$565) from May 2023 and down 16.3% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts South LA $300 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 294 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,725 | −$162 (-8.6%) | +$125 (+7.8%) | $1,400 – $1,967 | 56 |
| Studio | $1,648 | −$240 (-12.7%) | +$48 (+3.0%) | $1,400 – $1,850 | 12 |
| 1BR | $1,800 | −$565 (-23.9%) | −$350 (-16.3%) | $1,800 – $1,800 | 1 |
| 1BR | $1,950 | −$415 (-17.5%) | −$200 (-9.3%) | $1,650 – $2,200 | 50 |
| 2BR | $3,126 | +$926 (+42.1%) | +$1,326 (+73.6%) | $2,329 – $3,600 | 54 |
| 2BR | $3,098 | +$898 (+40.8%) | +$1,298 (+72.1%) | $2,374 – $3,600 | 14 |
| 3BR | $4,170 | −$480 (-10.3%) | +$420 (+11.2%) | $4,170 – $4,170 | 1 |
| 3BR | $4,500 | −$150 (-3.2%) | +$750 (+20.0%) | $3,800 – $5,001 | 36 |
| 4BR | $4,775 | −$1,125 (-19.1%) | −$1,020 (-17.6%) | $4,275 – $5,238 | 6 |
| 4BR | $5,300 | −$600 (-10.2%) | −$495 (-8.5%) | $4,650 – $6,106 | 23 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — June 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,725 | $1,758 | −$33 (-1.9%) |
| Studio | $1,648 | $1,758 | −$110 (-6.3%) |
| 1BR | $1,800 | $2,100 | −$300 (-14.3%) |
| 1BR | $1,950 | $2,100 | −$150 (-7.1%) |
| 2BR | $3,126 | $2,900 | +$226 (+7.8%) |
| 2BR | $3,098 | $2,900 | +$198 (+6.8%) |
| 3BR | $4,170 | $3,850 | +$320 (+8.3%) |
| 3BR | $4,500 | $3,850 | +$650 (+16.9%) |
| 4BR | $4,775 | $5,100 | −$325 (-6.4%) |
| 4BR | $5,300 | $5,100 | +$200 (+3.9%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.