Monthly Rent Report
South LA Rent Report — July 2024
Asking rents in ZIP 90007, Los Angeles, from 200 listings.
Median 1BR rent in South LA was $1,900 in July 2024, up 5.6% (+$100) from June 2024 and up 72.7% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts South LA $195 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 200 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,665 | +$165 (+11.0%) | −$135 (-7.5%) | $1,450 – $1,800 | 31 |
| Studio | $1,325 | −$175 (-11.7%) | −$475 (-26.4%) | $1,325 – $1,325 | 1 |
| 1BR | $1,900 | +$100 (+5.6%) | +$800 (+72.7%) | $1,900 – $1,900 | 1 |
| 1BR | $1,510 | −$290 (-16.1%) | +$410 (+37.3%) | $1,510 – $1,535 | 5 |
| 2BR | $1,949 | −$1,103 (-36.1%) | −$1,023 (-34.4%) | $1,674 – $2,224 | 2 |
| 2BR | $2,650 | −$402 (-13.2%) | −$322 (-10.8%) | $2,395 – $3,132 | 61 |
| 3BR | $1,300 | −$2,695 (-67.5%) | −$3,100 (-70.5%) | $1,300 – $1,300 | 1 |
| 3BR | $3,900 | −$95 (-2.4%) | −$500 (-11.4%) | $3,413 – $4,500 | 56 |
| 4BR | $4,591 | +$246 (+5.7%) | +$92 (+2.0%) | $2,869 – $5,954 | 16 |
| 4BR | $3,000 | −$1,345 (-31.0%) | −$1,499 (-33.3%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — July 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,665 | $1,778 | −$113 (-6.4%) |
| Studio | $1,325 | $1,778 | −$453 (-25.5%) |
| 1BR | $1,900 | $2,095 | −$195 (-9.3%) |
| 1BR | $1,510 | $2,095 | −$585 (-27.9%) |
| 2BR | $1,949 | $2,835 | −$886 (-31.3%) |
| 2BR | $2,650 | $2,835 | −$185 (-6.5%) |
| 3BR | $1,300 | $3,900 | −$2,600 (-66.7%) |
| 3BR | $3,900 | $3,900 | $0 (0.0%) |
| 4BR | $4,591 | $5,270 | −$679 (-12.9%) |
| 4BR | $3,000 | $5,270 | −$2,270 (-43.1%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.