Monthly Rent Report
South LA Rent Report — February 2024
Asking rents in ZIP 90011, Los Angeles, from 246 listings.
Median 1BR rent in South LA was $1,765 in February 2024, up 0.8% (+$15) from January 2024 and down 7.1% year-over-year. The middle half of 1BR listings asked between $1,584 and $2,000. That puts South LA $431 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 246 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,899 | +$304 (+19.1%) | +$304 (+19.1%) | $1,899 – $1,899 | 1 |
| Studio | $1,558 | −$37 (-2.4%) | −$37 (-2.4%) | $900 – $1,850 | 28 |
| 1BR | $1,765 | +$15 (+0.8%) | −$135 (-7.1%) | $1,584 – $2,000 | 64 |
| 1BR | $2,200 | +$450 (+25.7%) | +$300 (+15.8%) | $2,200 – $2,200 | 1 |
| 2BR | $2,500 | +$50 (+2.0%) | +$400 (+19.0%) | $2,500 – $2,500 | 1 |
| 2BR | $2,500 | +$50 (+2.0%) | +$400 (+19.0%) | $2,407 – $2,900 | 65 |
| 3BR | $3,300 | +$550 (+20.0%) | +$200 (+6.5%) | $3,200 – $3,600 | 48 |
| 3BR | $3,620 | +$870 (+31.6%) | +$520 (+16.8%) | $3,620 – $3,620 | 1 |
| 4BR | $3,800 | +$200 (+5.6%) | −$145 (-3.7%) | $3,800 – $3,800 | 1 |
| 4BR | $4,050 | +$450 (+12.5%) | +$105 (+2.7%) | $3,688 – $4,320 | 16 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — February 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,899 | $1,750 | +$150 (+8.5%) |
| Studio | $1,558 | $1,750 | −$192 (-11.0%) |
| 1BR | $1,765 | $2,195 | −$430 (-19.6%) |
| 1BR | $2,200 | $2,195 | +$5 (+0.2%) |
| 2BR | $2,500 | $2,850 | −$350 (-12.3%) |
| 2BR | $2,500 | $2,850 | −$350 (-12.3%) |
| 3BR | $3,300 | $3,995 | −$695 (-17.4%) |
| 3BR | $3,620 | $3,995 | −$375 (-9.4%) |
| 4BR | $3,800 | $5,000 | −$1,200 (-24.0%) |
| 4BR | $4,050 | $5,000 | −$950 (-19.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.