Monthly Rent Report

South LA Rent Report — April 2023

Asking rents in ZIP 90037, Los Angeles, from 319 listings.

Median 1BR rent in South LA was $1,900 in April 2023, up 5.5% (+$100) from March 2023 and up 12.1% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,995. That puts South LA $197 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 319 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2023Vs. April 2022P25–P75 RangeListings
Studio$1,695+$100 (+6.3%)+$570 (+50.7%)$1,695 – $1,6951
Studio$1,595$0 (0.0%)+$470 (+41.8%)$1,398 – $1,84045
1BR$1,900+$100 (+5.5%)+$205 (+12.1%)$1,675 – $1,99550
1BR$1,675−$125 (-6.9%)−$20 (-1.2%)$1,675 – $1,6751
2BR$2,450−$147 (-5.7%)+$113 (+4.8%)$2,450 – $2,4501
2BR$2,588−$10 (-0.4%)+$250 (+10.7%)$2,475 – $2,80092
3BR$3,095−$370 (-10.7%)−$205 (-6.2%)$2,999 – $3,46551
3BR$3,110−$355 (-10.2%)−$190 (-5.8%)$2,999 – $3,46550
4BR$3,800$0 (0.0%)+$301 (+8.6%)$3,695 – $3,8509
4BR$3,800$0 (0.0%)+$301 (+8.6%)$3,695 – $3,8509

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

South LA vs. Los AngelesApril 2023

BedroomsSouth LA MedianLos Angeles Citywide MedianDifference
Studio$1,695$1,775−$80 (-4.5%)
Studio$1,595$1,775−$180 (-10.1%)
1BR$1,900$2,097−$197 (-9.4%)
1BR$1,675$2,097−$422 (-20.1%)
2BR$2,450$2,795−$345 (-12.3%)
2BR$2,588$2,795−$207 (-7.4%)
3BR$3,095$3,895−$800 (-20.5%)
3BR$3,110$3,895−$785 (-20.2%)
4BR$3,800$4,970−$1,170 (-23.5%)
4BR$3,800$4,970−$1,170 (-23.5%)

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

Advertisement