Monthly Rent Report
South LA Rent Report — November 2024
Asking rents in ZIP 90007, Los Angeles, from 109 listings.
Median 1BR rent in South LA was $1,250 in November 2024, down 54.5% (−$1,500) from October 2024 and down 12.3% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,250. That puts South LA $823 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 109 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | +$280 (+17.3%) | +$45 (+2.4%) | $1,895 – $2,505 | 6 |
| Studio | $1,195 | −$420 (-26.0%) | −$655 (-35.4%) | $1,195 – $1,195 | 1 |
| 1BR | $1,250 | −$1,500 (-54.5%) | −$175 (-12.3%) | $1,250 – $1,250 | 1 |
| 1BR | $1,800 | −$950 (-34.5%) | +$375 (+26.3%) | $1,800 – $1,800 | 5 |
| 2BR | $3,800 | +$1,505 (+65.6%) | $0 (0.0%) | $3,800 – $3,800 | 1 |
| 2BR | $2,950 | +$655 (+28.5%) | −$850 (-22.4%) | $2,300 – $3,800 | 14 |
| 3BR | $3,895 | −$500 (-11.4%) | +$900 (+30.1%) | $3,895 – $3,895 | 1 |
| 3BR | $4,402 | +$7 (+0.2%) | +$1,407 (+47.0%) | $3,148 – $4,675 | 31 |
| 4BR | $5,500 | +$200 (+3.8%) | $0 (0.0%) | $5,400 – $6,012 | 15 |
| 4BR | $5,219 | −$81 (-1.5%) | −$281 (-5.1%) | $5,219 – $5,219 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — November 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,750 | +$145 (+8.3%) |
| Studio | $1,195 | $1,750 | −$555 (-31.7%) |
| 1BR | $1,250 | $2,073 | −$822 (-39.7%) |
| 1BR | $1,800 | $2,073 | −$272 (-13.1%) |
| 2BR | $3,800 | $2,850 | +$950 (+33.3%) |
| 2BR | $2,950 | $2,850 | +$100 (+3.5%) |
| 3BR | $3,895 | $3,895 | $0 (0.0%) |
| 3BR | $4,402 | $3,895 | +$507 (+13.0%) |
| 4BR | $5,500 | $5,220 | +$281 (+5.4%) |
| 4BR | $5,219 | $5,220 | $0 (-0.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.