Monthly Rent Report

South LA Rent Report — February 2023

Asking rents in ZIP 90037, Los Angeles, from 229 listings.

Median 1BR rent in South LA was $2,096 in February 2023, up 13.3% (+$246) from January 2023 and up 8.9% year-over-year. The middle half of 1BR listings asked between $2,096 and $2,096. That puts South LA $29 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 229 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2023Vs. February 2022P25–P75 RangeListings
Studio$1,595+$295 (+22.7%)+$226 (+16.5%)$1,395 – $1,80037
Studio$1,595+$295 (+22.7%)+$226 (+16.5%)$1,395 – $1,80025
1BR$2,096+$246 (+13.3%)+$172 (+8.9%)$2,096 – $2,0961
1BR$1,995+$145 (+7.8%)+$71 (+3.7%)$1,845 – $2,04611
2BR$2,700−$295 (-9.8%)+$178 (+7.0%)$2,495 – $2,99569
2BR$2,400−$595 (-19.9%)−$122 (-4.9%)$2,400 – $2,4001
3BR$2,700−$450 (-14.3%)$0 (0.0%)$2,700 – $2,7001
3BR$3,399+$249 (+7.9%)+$699 (+25.9%)$2,800 – $3,46553
4BR$3,200−$775 (-19.5%)−$100 (-3.0%)$3,100 – $4,03515
4BR$3,975$0 (0.0%)+$675 (+20.5%)$3,975 – $3,9751

Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.

South LA vs. Los AngelesFebruary 2023

BedroomsSouth LA MedianLos Angeles Citywide MedianDifference
Studio$1,595$1,795−$200 (-11.1%)
Studio$1,595$1,795−$200 (-11.1%)
1BR$2,096$2,125−$29 (-1.4%)
1BR$1,995$2,125−$130 (-6.1%)
2BR$2,700$2,773−$73 (-2.6%)
2BR$2,400$2,773−$373 (-13.5%)
3BR$2,700$3,850−$1,150 (-29.9%)
3BR$3,399$3,850−$451 (-11.7%)
4BR$3,200$4,695−$1,495 (-31.8%)
4BR$3,975$4,695−$720 (-15.3%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.

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