Monthly Rent Report
South LA Rent Report — January 2024
Asking rents in ZIP 90011, Los Angeles, from 94 listings.
Median 1BR rent in South LA was $1,548 in January 2024, down 18.3% (−$347) from December 2023 and down 26.3% year-over-year. The middle half of 1BR listings asked between $750 and $1,700. That puts South LA $549 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 94 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,075 | −$175 (-14.0%) | −$320 (-22.9%) | $1,075 – $1,075 | 1 |
| Studio | $1,595 | +$345 (+27.6%) | +$200 (+14.3%) | $1,395 – $1,600 | 5 |
| 1BR | $1,548 | −$347 (-18.3%) | −$552 (-26.3%) | $750 – $1,700 | 26 |
| 1BR | $1,750 | −$145 (-7.7%) | −$350 (-16.7%) | $1,750 – $1,750 | 1 |
| 2BR | $2,450 | +$1,255 (+105.0%) | −$2 (-0.1%) | $2,295 – $2,495 | 25 |
| 2BR | $2,200 | +$1,005 (+84.1%) | −$252 (-10.3%) | $2,200 – $2,200 | 1 |
| 3BR | $2,750 | −$1,050 (-27.6%) | −$550 (-16.7%) | $2,750 – $2,750 | 1 |
| 3BR | $3,000 | −$800 (-21.1%) | −$300 (-9.1%) | $2,425 – $3,225 | 14 |
| 4BR | $3,600 | $0 (0.0%) | $0 (0.0%) | $3,350 – $3,950 | 9 |
| 4BR | $3,495 | −$105 (-2.9%) | −$105 (-2.9%) | $3,275 – $3,775 | 7 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — January 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,075 | $1,750 | −$675 (-38.6%) |
| Studio | $1,595 | $1,750 | −$155 (-8.9%) |
| 1BR | $1,548 | $2,097 | −$549 (-26.2%) |
| 1BR | $1,750 | $2,097 | −$346 (-16.5%) |
| 2BR | $2,450 | $2,795 | −$345 (-12.3%) |
| 2BR | $2,200 | $2,795 | −$595 (-21.3%) |
| 3BR | $2,750 | $3,950 | −$1,200 (-30.4%) |
| 3BR | $3,000 | $3,950 | −$950 (-24.1%) |
| 4BR | $3,600 | $5,200 | −$1,600 (-30.8%) |
| 4BR | $3,495 | $5,200 | −$1,705 (-32.8%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.