Monthly Rent Report
South LA Rent Report — April 2024
Asking rents in ZIP 90007, Los Angeles, from 962 listings.
Median 1BR rent in South LA was $1,850 in April 2024, up 5.7% (+$100) from March 2024 and down 15.9% year-over-year. The middle half of 1BR listings asked between $1,650 and $2,300. That puts South LA $245 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 962 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$75 (-4.3%) | +$3 (+0.2%) | $1,395 – $1,925 | 133 |
| Studio | $1,700 | −$25 (-1.4%) | +$53 (+3.2%) | $1,700 – $1,700 | 3 |
| 1BR | $1,850 | +$100 (+5.7%) | −$350 (-15.9%) | $1,650 – $2,300 | 210 |
| 1BR | $2,407 | +$657 (+37.5%) | +$207 (+9.4%) | $2,407 – $2,407 | 1 |
| 2BR | $2,350 | −$702 (-23.0%) | −$650 (-21.7%) | $2,300 – $2,400 | 2 |
| 2BR | $2,300 | −$752 (-24.6%) | −$700 (-23.3%) | $2,300 – $2,300 | 1 |
| 3BR | $4,500 | +$2,850 (+172.7%) | −$25 (-0.6%) | $3,800 – $4,999 | 270 |
| 3BR | $4,195 | +$2,545 (+154.2%) | −$330 (-7.3%) | $4,195 – $4,195 | 2 |
| 4BR | $6,050 | +$4,500 (+290.3%) | +$17 (+0.3%) | $4,600 – $6,400 | 48 |
| 4BR | $6,200 | +$4,650 (+300.0%) | +$167 (+2.8%) | $5,200 – $6,400 | 135 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — April 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,795 | −$145 (-8.1%) |
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| 1BR | $1,850 | $2,095 | −$245 (-11.7%) |
| 1BR | $2,407 | $2,095 | +$312 (+14.9%) |
| 2BR | $2,350 | $2,833 | −$483 (-17.0%) |
| 2BR | $2,300 | $2,833 | −$533 (-18.8%) |
| 3BR | $4,500 | $3,950 | +$550 (+13.9%) |
| 3BR | $4,195 | $3,950 | +$245 (+6.2%) |
| 4BR | $6,050 | $4,999 | +$1,051 (+21.0%) |
| 4BR | $6,200 | $4,999 | +$1,201 (+24.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.