Monthly Rent Report
South LA Rent Report — July 2023
Asking rents in ZIP 90007, Los Angeles, from 139 listings.
Median 1BR rent in South LA was $1,100 in July 2023, down 38.9% (−$700) from June 2023 and up 100.0% year-over-year. The middle half of 1BR listings asked between $1,100 and $1,100. That puts South LA $1,025 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 139 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,520 | −$205 (-11.9%) | −$480 (-24.0%) | $1,450 – $1,850 | 21 |
| Studio | $1,800 | +$75 (+4.3%) | −$200 (-10.0%) | $1,648 – $2,000 | 3 |
| 1BR | $1,100 | −$700 (-38.9%) | +$550 (+100.0%) | $1,100 – $1,100 | 1 |
| 1BR | $1,900 | +$100 (+5.6%) | +$1,350 (+245.5%) | $1,553 – $2,015 | 21 |
| 2BR | $3,300 | +$203 (+6.5%) | −$100 (-2.9%) | $3,300 – $3,300 | 2 |
| 2BR | $2,973 | −$125 (-4.0%) | −$427 (-12.6%) | $2,325 – $3,600 | 30 |
| 3BR | $3,200 | −$1,300 (-28.9%) | −$295 (-8.4%) | $3,200 – $4,398 | 7 |
| 3BR | $4,400 | −$100 (-2.2%) | +$905 (+25.9%) | $3,575 – $5,125 | 29 |
| 4BR | $1,955 | −$3,345 (-63.1%) | −$1,445 (-42.5%) | $1,603 – $3,350 | 3 |
| 4BR | $4,500 | −$800 (-15.1%) | +$1,100 (+32.3%) | $3,563 – $5,600 | 8 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — July 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,520 | $1,800 | −$280 (-15.6%) |
| Studio | $1,800 | $1,800 | $0 (0.0%) |
| 1BR | $1,100 | $2,125 | −$1,025 (-48.2%) |
| 1BR | $1,900 | $2,125 | −$225 (-10.6%) |
| 2BR | $3,300 | $2,873 | +$427 (+14.9%) |
| 2BR | $2,973 | $2,873 | +$99 (+3.5%) |
| 3BR | $3,200 | $3,836 | −$636 (-16.6%) |
| 3BR | $4,400 | $3,836 | +$564 (+14.7%) |
| 4BR | $1,955 | $4,572 | −$2,617 (-57.2%) |
| 4BR | $4,500 | $4,572 | −$72 (-1.6%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.