Monthly Rent Report

South LA Rent Report — December 2023

Asking rents in ZIP 90011, Los Angeles, from 75 listings.

Median 1BR rent in South LA was $1,895 in December 2023, up 8.3% (+$145) from November 2023 and up 4.5% year-over-year. The middle half of 1BR listings asked between $1,824 and $1,895. That puts South LA $234 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 75 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$1,075−$775 (-41.9%)−$99 (-8.4%)$1,075 – $1,2058
Studio$1,250−$600 (-32.4%)+$76 (+6.5%)$1,250 – $1,2501
1BR$1,895+$145 (+8.3%)+$82 (+4.5%)$1,824 – $1,89510
1BR$1,895+$145 (+8.3%)+$82 (+4.5%)$1,895 – $1,8951
2BR$3,052+$902 (+42.0%)+$957 (+45.7%)$2,575 – $3,05211
2BR$1,195−$955 (-44.4%)−$900 (-43.0%)$1,195 – $1,1951
3BR$3,500+$200 (+6.1%)+$300 (+9.4%)$3,500 – $3,5001
3BR$3,800+$500 (+15.2%)+$600 (+18.8%)$3,100 – $3,90017
4BR$3,600$0 (0.0%)−$350 (-8.9%)$3,338 – $3,70014
4BR$3,600$0 (0.0%)−$350 (-8.9%)$3,600 – $3,7009

Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.

South LA vs. Los AngelesDecember 2023

BedroomsSouth LA MedianLos Angeles Citywide MedianDifference
Studio$1,075$1,750−$675 (-38.6%)
Studio$1,250$1,750−$500 (-28.6%)
1BR$1,895$2,129−$234 (-11.0%)
1BR$1,895$2,129−$234 (-11.0%)
2BR$3,052$2,795+$257 (+9.2%)
2BR$1,195$2,795−$1,600 (-57.2%)
3BR$3,500$3,923−$422 (-10.8%)
3BR$3,800$3,923−$122 (-3.1%)
4BR$3,600$4,750−$1,150 (-24.2%)
4BR$3,600$4,750−$1,150 (-24.2%)

Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.

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