Monthly Rent Report
South LA Rent Report — August 2024
Asking rents in ZIP 90011, Los Angeles, from 48 listings.
Median 1BR rent in South LA was $1,895 in August 2024, up 5.6% (+$100) from July 2024 and up 7.4% year-over-year. The middle half of 1BR listings asked between $1,895 and $1,895. That puts South LA $200 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 48 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | +$995 (+165.8%) | −$255 (-13.8%) | $1,175 – $1,788 | 26 |
| 1BR | $1,895 | +$100 (+5.6%) | +$131 (+7.4%) | $1,895 – $1,895 | 2 |
| 1BR | $2,000 | +$205 (+11.4%) | +$236 (+13.4%) | $1,994 – $2,044 | 4 |
| 2BR | $2,450 | −$650 (-21.0%) | −$50 (-2.0%) | $2,450 – $2,450 | 1 |
| 2BR | $2,995 | −$105 (-3.4%) | +$495 (+19.8%) | $2,995 – $2,995 | 1 |
| 3BR | $2,795 | −$702 (-20.1%) | +$163 (+6.2%) | $2,795 – $2,795 | 1 |
| 4BR | $3,759 | +$459 (+13.9%) | +$334 (+9.8%) | $3,619 – $3,759 | 4 |
| 4BR | $3,759 | +$459 (+13.9%) | +$334 (+9.8%) | $3,600 – $3,805 | 7 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — August 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,750 | −$155 (-8.9%) |
| 1BR | $1,895 | $2,095 | −$200 (-9.5%) |
| 1BR | $2,000 | $2,095 | −$95 (-4.5%) |
| 2BR | $2,450 | $2,795 | −$345 (-12.3%) |
| 2BR | $2,995 | $2,795 | +$200 (+7.2%) |
| 3BR | $2,795 | $4,000 | −$1,205 (-30.1%) |
| 4BR | $3,759 | $4,895 | −$1,136 (-23.2%) |
| 4BR | $3,759 | $4,895 | −$1,136 (-23.2%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.