Monthly Rent Report
South LA Rent Report — October 2024
Asking rents in ZIP 90007, Los Angeles, from 157 listings.
Median 1BR rent in South LA was $1,900 in October 2024, up 5.6% (+$100) from September 2024 and down 9.8% year-over-year. The middle half of 1BR listings asked between $1,325 and $1,900. That puts South LA $111 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 157 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | −$575 (-29.9%) | −$482 (-26.3%) | $1,350 – $1,350 | 1 |
| Studio | $1,615 | −$310 (-16.1%) | −$217 (-11.8%) | $1,545 – $1,700 | 30 |
| 1BR | $1,900 | +$100 (+5.6%) | −$207 (-9.8%) | $1,325 – $1,900 | 35 |
| 1BR | $2,750 | +$950 (+52.8%) | +$643 (+30.5%) | $2,750 – $2,750 | 1 |
| 2BR | $2,295 | −$105 (-4.4%) | −$380 (-14.2%) | $2,295 – $2,295 | 1 |
| 2BR | $2,600 | +$200 (+8.3%) | −$75 (-2.8%) | $1,498 – $3,052 | 29 |
| 3BR | $4,395 | +$1,820 (+70.7%) | +$400 (+10.0%) | $4,395 – $4,395 | 1 |
| 3BR | $3,800 | +$1,225 (+47.6%) | −$195 (-4.9%) | $3,234 – $4,000 | 22 |
| 4BR | $3,850 | −$150 (-3.8%) | −$750 (-16.3%) | $3,600 – $4,400 | 29 |
| 4BR | $5,300 | +$1,300 (+32.5%) | +$700 (+15.2%) | $5,300 – $5,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — October 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,700 | −$350 (-20.6%) |
| Studio | $1,615 | $1,700 | −$85 (-5.0%) |
| 1BR | $1,900 | $2,011 | −$111 (-5.5%) |
| 1BR | $2,750 | $2,011 | +$739 (+36.7%) |
| 2BR | $2,295 | $2,727 | −$432 (-15.8%) |
| 2BR | $2,600 | $2,727 | −$127 (-4.7%) |
| 3BR | $4,395 | $3,816 | +$579 (+15.2%) |
| 3BR | $3,800 | $3,816 | −$16 (-0.4%) |
| 4BR | $3,850 | $5,225 | −$1,375 (-26.3%) |
| 4BR | $5,300 | $5,225 | +$75 (+1.4%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.