Monthly Rent Report
South LA Rent Report — March 2023
Asking rents in ZIP 90037, Los Angeles, from 335 listings.
Median 1BR rent in South LA was $1,800 in March 2023, down 14.1% (−$296) from February 2023 and up 16.1% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,850. That puts South LA $297 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 335 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | $0 (0.0%) | +$395 (+32.9%) | $1,424 – $1,650 | 66 |
| Studio | $1,395 | −$200 (-12.5%) | +$195 (+16.3%) | $1,395 – $1,395 | 1 |
| 1BR | $1,800 | −$296 (-14.1%) | +$250 (+16.1%) | $1,600 – $1,850 | 40 |
| 1BR | $2,500 | +$404 (+19.3%) | +$950 (+61.3%) | $2,500 – $2,500 | 1 |
| 2BR | $2,598 | −$102 (-3.8%) | +$548 (+26.7%) | $2,250 – $2,600 | 26 |
| 2BR | $2,600 | −$100 (-3.7%) | +$550 (+26.8%) | $2,452 – $2,995 | 85 |
| 3BR | $3,075 | −$324 (-9.5%) | +$925 (+43.0%) | $2,850 – $3,465 | 61 |
| 3BR | $3,465 | +$66 (+1.9%) | +$1,315 (+61.2%) | $3,465 – $3,465 | 1 |
| 4BR | $3,850 | +$650 (+20.3%) | — | $3,800 – $3,995 | 29 |
| 4BR | $3,800 | +$600 (+18.8%) | — | $3,800 – $3,950 | 19 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — March 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,745 | −$150 (-8.6%) |
| Studio | $1,395 | $1,745 | −$350 (-20.1%) |
| 1BR | $1,800 | $2,097 | −$297 (-14.2%) |
| 1BR | $2,500 | $2,097 | +$403 (+19.2%) |
| 2BR | $2,598 | $2,750 | −$152 (-5.5%) |
| 2BR | $2,600 | $2,750 | −$150 (-5.5%) |
| 3BR | $3,075 | $3,923 | −$847 (-21.6%) |
| 3BR | $3,465 | $3,923 | −$457 (-11.7%) |
| 4BR | $3,850 | $4,760 | −$910 (-19.1%) |
| 4BR | $3,800 | $4,760 | −$960 (-20.2%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.