Monthly Rent Report
South LA Rent Report — August 2023
Asking rents in ZIP 90011, Los Angeles, from 49 listings.
Median 1BR rent in South LA was $1,750 in August 2023, flat versus July 2023 and down 10.3% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts South LA $350 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 49 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | $0 (0.0%) | +$355 (+23.7%) | $1,595 – $1,850 | 9 |
| Studio | $1,850 | $0 (0.0%) | +$355 (+23.7%) | $1,786 – $1,850 | 4 |
| 1BR | $1,750 | $0 (0.0%) | −$200 (-10.3%) | $1,750 – $1,750 | 1 |
| 1BR | $1,764 | +$14 (+0.8%) | −$186 (-9.5%) | $1,764 – $2,096 | 5 |
| 2BR | $2,095 | −$306 (-12.7%) | −$105 (-4.8%) | $2,095 – $2,095 | 10 |
| 2BR | $2,500 | +$99 (+4.1%) | +$300 (+13.6%) | $2,500 – $2,500 | 1 |
| 3BR | $2,750 | −$350 (-11.3%) | −$95 (-3.3%) | $2,750 – $2,750 | 1 |
| 3BR | $2,633 | −$467 (-15.1%) | −$212 (-7.5%) | $2,616 – $2,649 | 2 |
| 4BR | $3,425 | −$675 (-16.5%) | −$74 (-2.1%) | $3,425 – $3,425 | 1 |
| 4BR | $3,750 | −$350 (-8.5%) | +$251 (+7.2%) | $3,575 – $4,500 | 8 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — August 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $1,775 | +$75 (+4.2%) |
| Studio | $1,850 | $1,775 | +$75 (+4.2%) |
| 1BR | $1,750 | $2,100 | −$350 (-16.7%) |
| 1BR | $1,764 | $2,100 | −$336 (-16.0%) |
| 2BR | $2,095 | $2,895 | −$800 (-27.6%) |
| 2BR | $2,500 | $2,895 | −$395 (-13.6%) |
| 3BR | $2,750 | $3,897 | −$1,147 (-29.4%) |
| 3BR | $2,633 | $3,897 | −$1,265 (-32.5%) |
| 4BR | $3,425 | $5,163 | −$1,737 (-33.7%) |
| 4BR | $3,750 | $5,163 | −$1,412 (-27.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.