Monthly Rent Report
South LA Rent Report — May 2023
Asking rents in ZIP 90037, Los Angeles, from 202 listings.
Median 1BR rent in South LA was $1,687 in May 2023, down 11.2% (−$213) from April 2023 and down 12.3% year-over-year. The middle half of 1BR listings asked between $1,655 and $1,718. That puts South LA $436 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 202 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | −$100 (-5.9%) | $0 (0.0%) | $1,548 – $1,800 | 33 |
| Studio | $1,300 | −$395 (-23.3%) | −$295 (-18.5%) | $1,300 – $1,300 | 1 |
| 1BR | $1,687 | −$213 (-11.2%) | −$237 (-12.3%) | $1,655 – $1,718 | 2 |
| 1BR | $1,723 | −$176 (-9.3%) | −$201 (-10.4%) | $1,673 – $1,898 | 46 |
| 2BR | $2,590 | +$3 (+0.1%) | −$110 (-4.1%) | $2,404 – $2,775 | 54 |
| 2BR | $2,795 | +$208 (+8.0%) | +$95 (+3.5%) | $2,795 – $2,795 | 2 |
| 3BR | $3,025 | −$70 (-2.3%) | +$125 (+4.3%) | $2,850 – $3,465 | 49 |
| 3BR | $1,400 | −$1,695 (-54.8%) | −$1,500 (-51.7%) | $1,400 – $1,400 | 1 |
| 4BR | $3,200 | −$600 (-15.8%) | — | $3,200 – $3,850 | 5 |
| 4BR | $3,200 | −$600 (-15.8%) | — | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — May 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,750 | −$155 (-8.9%) |
| Studio | $1,300 | $1,750 | −$450 (-25.7%) |
| 1BR | $1,687 | $2,122 | −$435 (-20.5%) |
| 1BR | $1,723 | $2,122 | −$399 (-18.8%) |
| 2BR | $2,590 | $2,780 | −$190 (-6.8%) |
| 2BR | $2,795 | $2,780 | +$15 (+0.5%) |
| 3BR | $3,025 | $3,943 | −$917 (-23.3%) |
| 3BR | $1,400 | $3,943 | −$2,542 (-64.5%) |
| 4BR | $3,200 | $5,000 | −$1,800 (-36.0%) |
| 4BR | $3,200 | $5,000 | −$1,800 (-36.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.