Monthly Rent Report
South LA Rent Report — June 2024
Asking rents in ZIP 90007, Los Angeles, from 1,226 listings.
Median 1BR rent in South LA was $1,800 in June 2024, up 56.5% (+$650) from May 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,397 and $2,161. That puts South LA $300 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 1,226 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | +$105 (+7.5%) | −$225 (-13.0%) | $1,050 – $1,500 | 9 |
| Studio | $1,650 | +$255 (+18.3%) | −$75 (-4.3%) | $1,350 – $1,800 | 136 |
| 1BR | $1,800 | +$650 (+56.5%) | $0 (0.0%) | $1,397 – $2,161 | 228 |
| 1BR | $2,063 | +$913 (+79.3%) | +$263 (+14.6%) | $1,625 – $2,500 | 4 |
| 2BR | $2,850 | −$445 (-13.5%) | −$275 (-8.8%) | $2,595 – $3,370 | 225 |
| 2BR | $3,052 | −$243 (-7.4%) | −$73 (-2.4%) | $3,052 – $3,052 | 1 |
| 3BR | $4,113 | −$282 (-6.4%) | −$57 (-1.4%) | $3,500 – $4,500 | 280 |
| 3BR | $3,995 | −$400 (-9.1%) | −$175 (-4.2%) | $3,995 – $3,995 | 1 |
| 4BR | $5,400 | +$2,100 (+63.6%) | +$625 (+13.1%) | $4,425 – $6,198 | 102 |
| 4BR | $4,345 | +$1,045 (+31.7%) | −$430 (-9.0%) | $4,100 – $6,025 | 5 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — June 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,759 | −$259 (-14.7%) |
| Studio | $1,650 | $1,759 | −$109 (-6.2%) |
| 1BR | $1,800 | $2,100 | −$300 (-14.3%) |
| 1BR | $2,063 | $2,100 | −$37 (-1.8%) |
| 2BR | $2,850 | $2,885 | −$35 (-1.2%) |
| 2BR | $3,052 | $2,885 | +$167 (+5.8%) |
| 3BR | $4,113 | $3,900 | +$213 (+5.5%) |
| 3BR | $3,995 | $3,900 | +$95 (+2.4%) |
| 4BR | $5,400 | $5,000 | +$400 (+8.0%) |
| 4BR | $4,345 | $5,000 | −$655 (-13.1%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.