Monthly Rent Report
South LA Rent Report — March 2024
Asking rents in ZIP 90011, Los Angeles, from 186 listings.
Median 1BR rent in South LA was $1,850 in March 2024, down 15.9% (−$350) from February 2024 and up 15.3% year-over-year. The middle half of 1BR listings asked between $1,663 and $2,174. That puts South LA $295 below the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 186 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | +$438 (+28.1%) | +$360 (+22.0%) | $1,995 – $1,995 | 1 |
| Studio | $1,596 | +$39 (+2.5%) | −$39 (-2.4%) | $1,238 – $1,899 | 32 |
| 1BR | $1,850 | −$350 (-15.9%) | +$245 (+15.3%) | $1,663 – $2,174 | 34 |
| 1BR | $1,995 | −$205 (-9.3%) | +$390 (+24.3%) | $1,995 – $1,995 | 1 |
| 2BR | $2,599 | +$99 (+4.0%) | −$801 (-23.6%) | $2,400 – $2,808 | 56 |
| 2BR | $2,250 | −$250 (-10.0%) | −$1,150 (-33.8%) | $2,250 – $2,250 | 1 |
| 3BR | $3,000 | −$300 (-9.1%) | −$199 (-6.2%) | $2,900 – $3,300 | 35 |
| 3BR | $3,250 | −$50 (-1.5%) | +$51 (+1.6%) | $3,250 – $3,250 | 1 |
| 4BR | $3,550 | −$500 (-12.3%) | −$50 (-1.4%) | $3,550 – $3,550 | 2 |
| 4BR | $4,100 | +$50 (+1.2%) | +$500 (+13.9%) | $3,250 – $4,230 | 12 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — March 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,723 | +$273 (+15.8%) |
| Studio | $1,596 | $1,723 | −$126 (-7.3%) |
| 1BR | $1,850 | $2,145 | −$295 (-13.8%) |
| 1BR | $1,995 | $2,145 | −$150 (-7.0%) |
| 2BR | $2,599 | $2,850 | −$251 (-8.8%) |
| 2BR | $2,250 | $2,850 | −$600 (-21.1%) |
| 3BR | $3,000 | $3,762 | −$762 (-20.3%) |
| 3BR | $3,250 | $3,762 | −$512 (-13.6%) |
| 4BR | $3,550 | $4,950 | −$1,400 (-28.3%) |
| 4BR | $4,100 | $4,950 | −$850 (-17.2%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.