Monthly Rent Report
South LA Rent Report — July 2023
Asking rents in ZIP 90037, Los Angeles, from 106 listings.
Median 1BR rent in South LA was $1,795 in July 2023, flat versus June 2023 and up 7.3% year-over-year. The middle half of 1BR listings asked between $1,723 and $1,970. That puts South LA $330 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 106 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$76 (-4.9%) | +$95 (+6.8%) | $1,313 – $1,800 | 14 |
| Studio | $1,295 | −$276 (-17.6%) | −$105 (-7.5%) | $1,295 – $1,295 | 1 |
| 1BR | $1,795 | $0 (0.0%) | +$122 (+7.3%) | $1,723 – $1,970 | 18 |
| 1BR | $1,509 | −$286 (-15.9%) | −$164 (-9.8%) | $1,175 – $1,799 | 26 |
| 2BR | $2,300 | −$150 (-6.1%) | −$252 (-9.9%) | $2,300 – $2,300 | 1 |
| 2BR | $2,600 | +$150 (+6.1%) | +$48 (+1.9%) | $2,438 – $2,995 | 20 |
| 3BR | $3,063 | −$187 (-5.8%) | −$232 (-7.1%) | $2,750 – $3,474 | 20 |
| 3BR | $3,465 | +$215 (+6.6%) | +$170 (+5.2%) | $3,465 – $3,465 | 1 |
| 4BR | $4,085 | −$415 (-9.2%) | +$100 (+2.5%) | $4,085 – $4,085 | 1 |
| 4BR | $3,800 | −$700 (-15.6%) | −$185 (-4.6%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — July 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,800 | −$305 (-16.9%) |
| Studio | $1,295 | $1,800 | −$505 (-28.1%) |
| 1BR | $1,795 | $2,125 | −$330 (-15.5%) |
| 1BR | $1,509 | $2,125 | −$616 (-29.0%) |
| 2BR | $2,300 | $2,873 | −$573 (-20.0%) |
| 2BR | $2,600 | $2,873 | −$273 (-9.5%) |
| 3BR | $3,063 | $3,836 | −$773 (-20.2%) |
| 3BR | $3,465 | $3,836 | −$371 (-9.7%) |
| 4BR | $4,085 | $4,572 | −$487 (-10.7%) |
| 4BR | $3,800 | $4,572 | −$772 (-16.9%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.