Monthly Rent Report
South LA Rent Report — November 2023
Asking rents in ZIP 90007, Los Angeles, from 141 listings.
Median 1BR rent in South LA was $1,425 in November 2023, down 32.4% (−$682) from October 2023 and down 40.6% year-over-year. The middle half of 1BR listings asked between $1,425 and $1,425. That puts South LA $700 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 141 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$82 (-4.5%) | +$250 (+16.7%) | $1,750 – $1,850 | 17 |
| Studio | $1,850 | +$18 (+1.0%) | +$350 (+23.3%) | $1,750 – $1,975 | 9 |
| 1BR | $1,425 | −$682 (-32.4%) | −$975 (-40.6%) | $1,425 – $1,425 | 3 |
| 1BR | $1,425 | −$682 (-32.4%) | −$975 (-40.6%) | $1,425 – $1,425 | 5 |
| 2BR | $3,800 | +$1,125 (+42.1%) | +$400 (+11.8%) | $3,300 – $3,800 | 13 |
| 2BR | $1,995 | −$680 (-25.4%) | −$1,405 (-41.3%) | $1,995 – $1,995 | 1 |
| 3BR | $3,995 | −$1,287 (-24.4%) | +$20 (+0.5%) | $3,995 – $3,995 | 1 |
| 3BR | $2,995 | −$2,287 (-43.3%) | −$980 (-24.7%) | $2,995 – $2,995 | 15 |
| 4BR | $4,980 | +$380 (+8.3%) | −$870 (-14.9%) | $4,980 – $4,980 | 1 |
| 4BR | $5,500 | +$900 (+19.6%) | −$350 (-6.0%) | $4,940 – $6,200 | 68 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — November 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,775 | −$25 (-1.4%) |
| Studio | $1,850 | $1,775 | +$75 (+4.2%) |
| 1BR | $1,425 | $2,125 | −$700 (-32.9%) |
| 1BR | $1,425 | $2,125 | −$700 (-32.9%) |
| 2BR | $3,800 | $2,795 | +$1,005 (+36.0%) |
| 2BR | $1,995 | $2,795 | −$800 (-28.6%) |
| 3BR | $3,995 | $3,950 | +$45 (+1.1%) |
| 3BR | $2,995 | $3,950 | −$955 (-24.2%) |
| 4BR | $4,980 | $4,994 | −$14 (-0.3%) |
| 4BR | $5,500 | $4,994 | +$506 (+10.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.