Monthly Rent Report
South LA Rent Report — December 2023
Asking rents in ZIP 90007, Los Angeles, from 69 listings.
Median 1BR rent in South LA was $1,750 in December 2023, up 22.8% (+$325) from November 2023 and down 11.3% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts South LA $379 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 69 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$250 (-14.3%) | −$50 (-3.2%) | $1,500 – $1,525 | 3 |
| Studio | $1,500 | −$250 (-14.3%) | −$50 (-3.2%) | $1,500 – $1,525 | 3 |
| 1BR | $1,750 | +$325 (+22.8%) | −$222 (-11.3%) | $1,750 – $1,750 | 1 |
| 1BR | $1,848 | +$423 (+29.6%) | −$125 (-6.3%) | $1,796 – $1,961 | 14 |
| 2BR | $2,625 | −$1,175 (-30.9%) | −$41 (-1.5%) | $2,538 – $2,713 | 2 |
| 2BR | $3,095 | −$705 (-18.6%) | +$429 (+16.1%) | $3,095 – $3,095 | 3 |
| 3BR | $3,300 | −$695 (-17.4%) | −$2,400 (-42.1%) | $3,300 – $3,300 | 3 |
| 3BR | $3,600 | −$395 (-9.9%) | −$2,100 (-36.8%) | $3,488 – $3,600 | 6 |
| 4BR | $4,950 | −$550 (-10.0%) | −$550 (-10.0%) | $4,600 – $6,416 | 27 |
| 4BR | $1,600 | −$3,900 (-70.9%) | −$3,900 (-70.9%) | $1,600 – $1,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — December 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,750 | −$250 (-14.3%) |
| Studio | $1,500 | $1,750 | −$250 (-14.3%) |
| 1BR | $1,750 | $2,129 | −$379 (-17.8%) |
| 1BR | $1,848 | $2,129 | −$281 (-13.2%) |
| 2BR | $2,625 | $2,795 | −$170 (-6.1%) |
| 2BR | $3,095 | $2,795 | +$300 (+10.7%) |
| 3BR | $3,300 | $3,923 | −$622 (-15.9%) |
| 3BR | $3,600 | $3,923 | −$322 (-8.2%) |
| 4BR | $4,950 | $4,750 | +$200 (+4.2%) |
| 4BR | $1,600 | $4,750 | −$3,150 (-66.3%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.