Monthly Rent Report

South LA Rent Report — October 2023

Asking rents in ZIP 90007, Los Angeles, from 92 listings.

Median 1BR rent in South LA was $2,107 in October 2023, up 251.2% (+$1,507) from September 2023 and up 11.2% year-over-year. The middle half of 1BR listings asked between $1,961 and $2,107. That puts South LA $110 above the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 92 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2023Vs. October 2022P25–P75 RangeListings
Studio$1,832+$482 (+35.7%)+$532 (+40.9%)$1,832 – $1,8323
Studio$1,832+$482 (+35.7%)+$532 (+40.9%)$1,832 – $1,8321
1BR$2,107+$1,507 (+251.2%)+$212 (+11.2%)$1,961 – $2,1075
1BR$2,107+$1,507 (+251.2%)+$212 (+11.2%)$2,107 – $2,1071
2BR$2,400−$1,700 (-41.5%)+$5 (+0.2%)$2,400 – $2,4001
2BR$2,675−$1,425 (-34.8%)+$280 (+11.7%)$2,656 – $2,6754
3BR$5,282+$2,482 (+88.6%)−$668 (-11.2%)$4,907 – $5,33626
3BR$3,995+$1,195 (+42.7%)−$1,955 (-32.9%)$3,995 – $3,9951
4BR$6,431+$1,631 (+34.0%)−$769 (-10.7%)$6,431 – $6,4311
4BR$4,600−$200 (-4.2%)−$2,600 (-36.1%)$3,550 – $5,50034

Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.

South LA vs. Los AngelesOctober 2023

BedroomsSouth LA MedianLos Angeles Citywide MedianDifference
Studio$1,832$1,700+$132 (+7.8%)
Studio$1,832$1,700+$132 (+7.8%)
1BR$2,107$1,998+$110 (+5.5%)
1BR$2,107$1,998+$110 (+5.5%)
2BR$2,400$2,750−$350 (-12.7%)
2BR$2,675$2,750−$75 (-2.7%)
3BR$5,282$4,195+$1,087 (+25.9%)
3BR$3,995$4,195−$200 (-4.8%)
4BR$6,431$5,275+$1,156 (+21.9%)
4BR$4,600$5,275−$675 (-12.8%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.

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