Monthly Rent Report
South LA Rent Report — May 2024
Asking rents in ZIP 90011, Los Angeles, from 238 listings.
Median 1BR rent in South LA was $2,100 in May 2024, up 31.3% (+$500) from April 2024 and up 55.8% year-over-year. The middle half of 1BR listings asked between $1,690 and $2,299. That puts South LA in line with the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 238 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$405 (-22.5%) | −$302 (-17.8%) | $1,395 – $1,395 | 1 |
| Studio | $1,345 | −$455 (-25.3%) | −$352 (-20.8%) | $1,055 – $1,595 | 24 |
| 1BR | $2,100 | +$500 (+31.3%) | +$753 (+55.8%) | $1,690 – $2,299 | 92 |
| 1BR | $2,275 | +$675 (+42.2%) | +$928 (+68.8%) | $2,238 – $2,313 | 2 |
| 2BR | $2,700 | −$200 (-6.9%) | +$405 (+17.6%) | $2,700 – $2,700 | 3 |
| 2BR | $2,300 | −$600 (-20.7%) | +$5 (+0.2%) | $2,300 – $2,300 | 1 |
| 3BR | $3,375 | +$125 (+3.8%) | −$225 (-6.3%) | $3,375 – $3,375 | 1 |
| 3BR | $3,425 | +$175 (+5.4%) | −$175 (-4.9%) | $3,198 – $3,638 | 52 |
| 4BR | $3,550 | −$50 (-1.4%) | +$51 (+1.4%) | $3,400 – $4,000 | 33 |
| 4BR | $4,200 | +$600 (+16.7%) | +$701 (+20.0%) | $4,200 – $4,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — May 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,795 | −$400 (-22.3%) |
| Studio | $1,345 | $1,795 | −$450 (-25.1%) |
| 1BR | $2,100 | $2,095 | +$5 (+0.2%) |
| 1BR | $2,275 | $2,095 | +$180 (+8.6%) |
| 2BR | $2,700 | $2,850 | −$150 (-5.3%) |
| 2BR | $2,300 | $2,850 | −$550 (-19.3%) |
| 3BR | $3,375 | $3,969 | −$593 (-15.0%) |
| 3BR | $3,425 | $3,969 | −$543 (-13.7%) |
| 4BR | $3,550 | $5,175 | −$1,625 (-31.4%) |
| 4BR | $4,200 | $5,175 | −$975 (-18.8%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.