Monthly Rent Report
South LA Rent Report — September 2023
Asking rents in ZIP 90007, Los Angeles, from 139 listings.
Median 1BR rent in South LA was $1,740 in September 2023, up 65.7% (+$690) from August 2023 and down 3.1% year-over-year. The middle half of 1BR listings asked between $1,325 and $1,899. That puts South LA $260 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 139 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | −$550 (-28.9%) | −$245 (-15.4%) | $1,345 – $1,450 | 13 |
| Studio | $1,523 | −$377 (-19.9%) | −$72 (-4.5%) | $1,211 – $1,599 | 10 |
| 1BR | $1,740 | +$690 (+65.7%) | −$55 (-3.1%) | $1,325 – $1,899 | 22 |
| 1BR | $600 | −$450 (-42.9%) | −$1,195 (-66.6%) | $600 – $600 | 1 |
| 2BR | $4,100 | +$905 (+28.3%) | +$1,905 (+86.8%) | $2,413 – $4,100 | 28 |
| 2BR | $4,100 | +$905 (+28.3%) | +$1,905 (+86.8%) | $2,398 – $4,100 | 23 |
| 3BR | $2,600 | −$2,775 (-51.6%) | −$2,900 (-52.7%) | $2,291 – $3,500 | 15 |
| 3BR | $2,800 | −$2,575 (-47.9%) | −$2,700 (-49.1%) | $2,535 – $3,500 | 11 |
| 4BR | $4,800 | −$700 (-12.7%) | −$2,400 (-33.3%) | $4,800 – $4,800 | 7 |
| 4BR | $4,800 | −$700 (-12.7%) | −$2,400 (-33.3%) | $4,800 – $4,800 | 5 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — September 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,795 | −$445 (-24.8%) |
| Studio | $1,523 | $1,795 | −$272 (-15.2%) |
| 1BR | $1,740 | $2,000 | −$260 (-13.0%) |
| 1BR | $600 | $2,000 | −$1,400 (-70.0%) |
| 2BR | $4,100 | $2,750 | +$1,350 (+49.1%) |
| 2BR | $4,100 | $2,750 | +$1,350 (+49.1%) |
| 3BR | $2,600 | $3,948 | −$1,347 (-34.1%) |
| 3BR | $2,800 | $3,948 | −$1,147 (-29.1%) |
| 4BR | $4,800 | $5,000 | −$200 (-4.0%) |
| 4BR | $4,800 | $5,000 | −$200 (-4.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.