Monthly Rent Report
South LA Rent Report — January 2024
Asking rents in ZIP 90007, Los Angeles, from 323 listings.
Median 1BR rent in South LA was $1,750 in January 2024, flat versus December 2023 and down 88.9% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts South LA $347 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 323 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,665 | +$165 (+11.0%) | −$431 (-20.6%) | $1,438 – $1,998 | 39 |
| Studio | $1,850 | +$350 (+23.3%) | −$246 (-11.7%) | $1,500 – $2,200 | 6 |
| 1BR | $1,750 | $0 (0.0%) | −$13,975 (-88.9%) | $1,750 – $1,750 | 1 |
| 1BR | $1,885 | +$135 (+7.7%) | −$13,840 (-88.0%) | $1,350 – $2,081 | 56 |
| 2BR | $2,850 | −$245 (-7.9%) | +$200 (+7.5%) | $2,650 – $3,350 | 97 |
| 2BR | $2,900 | −$195 (-6.3%) | +$250 (+9.4%) | $2,675 – $2,900 | 16 |
| 3BR | $3,995 | +$695 (+21.1%) | +$195 (+5.1%) | $3,995 – $3,995 | 1 |
| 3BR | $2,895 | −$405 (-12.3%) | −$905 (-23.8%) | $2,895 – $2,946 | 8 |
| 4BR | $5,500 | +$550 (+11.1%) | +$900 (+19.6%) | $4,950 – $5,988 | 38 |
| 4BR | $5,200 | +$250 (+5.1%) | +$600 (+13.0%) | $4,100 – $5,350 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — January 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,665 | $1,750 | −$85 (-4.9%) |
| Studio | $1,850 | $1,750 | +$100 (+5.7%) |
| 1BR | $1,750 | $2,097 | −$346 (-16.5%) |
| 1BR | $1,885 | $2,097 | −$211 (-10.1%) |
| 2BR | $2,850 | $2,795 | +$55 (+2.0%) |
| 2BR | $2,900 | $2,795 | +$105 (+3.8%) |
| 3BR | $3,995 | $3,950 | +$45 (+1.1%) |
| 3BR | $2,895 | $3,950 | −$1,055 (-26.7%) |
| 4BR | $5,500 | $5,200 | +$300 (+5.8%) |
| 4BR | $5,200 | $5,200 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.