Monthly Rent Report
South LA Rent Report — June 2023
Asking rents in ZIP 90037, Los Angeles, from 116 listings.
Median 1BR rent in South LA was $1,746 in June 2023, up 3.5% (+$59) from May 2023 and up 1.5% year-over-year. The middle half of 1BR listings asked between $1,570 and $1,921. That puts South LA $355 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 116 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,375 | −$220 (-13.8%) | −$47 (-3.3%) | $1,363 – $1,388 | 2 |
| Studio | $1,572 | −$23 (-1.5%) | +$149 (+10.5%) | $1,384 – $1,810 | 20 |
| 1BR | $1,746 | +$59 (+3.5%) | +$26 (+1.5%) | $1,570 – $1,921 | 2 |
| 1BR | $1,795 | +$109 (+6.4%) | +$75 (+4.4%) | $1,600 – $1,925 | 21 |
| 2BR | $2,995 | +$405 (+15.6%) | +$542 (+22.1%) | $2,450 – $2,995 | 42 |
| 2BR | $2,450 | −$140 (-5.4%) | −$3 (-0.1%) | $2,450 – $2,450 | 1 |
| 3BR | $3,250 | +$1,850 (+132.1%) | −$1,250 (-27.8%) | $2,788 – $3,573 | 20 |
| 3BR | $2,500 | +$1,100 (+78.6%) | −$2,000 (-44.4%) | $2,500 – $2,500 | 1 |
| 4BR | $4,500 | +$1,300 (+40.6%) | — | $4,500 – $4,500 | 1 |
| 4BR | $4,500 | +$1,300 (+40.6%) | — | $3,850 – $4,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — June 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,375 | $1,758 | −$383 (-21.8%) |
| Studio | $1,572 | $1,758 | −$186 (-10.6%) |
| 1BR | $1,746 | $2,100 | −$354 (-16.9%) |
| 1BR | $1,795 | $2,100 | −$305 (-14.5%) |
| 2BR | $2,995 | $2,900 | +$95 (+3.3%) |
| 2BR | $2,450 | $2,900 | −$450 (-15.5%) |
| 3BR | $3,250 | $3,850 | −$600 (-15.6%) |
| 3BR | $2,500 | $3,850 | −$1,350 (-35.1%) |
| 4BR | $4,500 | $5,100 | −$600 (-11.8%) |
| 4BR | $4,500 | $5,100 | −$600 (-11.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.