Monthly Rent Report
South LA Rent Report — August 2023
Asking rents in ZIP 90037, Los Angeles, from 53 listings.
Median 1BR rent in South LA was $1,750 in August 2023, up 16.0% (+$241) from July 2023 and up 7.8% year-over-year. The middle half of 1BR listings asked between $1,673 and $1,800. That puts South LA $350 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 53 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,132 | +$637 (+42.6%) | +$782 (+57.9%) | $2,132 – $2,132 | 2 |
| Studio | $1,991 | +$496 (+33.2%) | +$641 (+47.5%) | $1,921 – $2,062 | 2 |
| 1BR | $1,750 | +$241 (+16.0%) | +$127 (+7.8%) | $1,673 – $1,800 | 11 |
| 1BR | $1,895 | +$386 (+25.6%) | +$272 (+16.8%) | $1,895 – $1,895 | 2 |
| 2BR | $2,600 | $0 (0.0%) | −$395 (-13.2%) | $2,600 – $2,600 | 1 |
| 2BR | $2,095 | −$505 (-19.4%) | −$900 (-30.1%) | $1,948 – $2,150 | 11 |
| 3BR | $2,975 | −$490 (-14.1%) | +$325 (+12.3%) | $2,863 – $3,088 | 2 |
| 3BR | $2,263 | −$1,202 (-34.7%) | −$387 (-14.6%) | $2,263 – $2,263 | 1 |
| 4BR | $3,985 | +$185 (+4.9%) | — | $3,985 – $4,395 | 5 |
| 4BR | $4,190 | +$390 (+10.3%) | — | $3,846 – $4,395 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — August 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,132 | $1,775 | +$357 (+20.1%) |
| Studio | $1,991 | $1,775 | +$216 (+12.2%) |
| 1BR | $1,750 | $2,100 | −$350 (-16.7%) |
| 1BR | $1,895 | $2,100 | −$205 (-9.8%) |
| 2BR | $2,600 | $2,895 | −$295 (-10.2%) |
| 2BR | $2,095 | $2,895 | −$800 (-27.6%) |
| 3BR | $2,975 | $3,897 | −$922 (-23.7%) |
| 3BR | $2,263 | $3,897 | −$1,634 (-41.9%) |
| 4BR | $3,985 | $5,163 | −$1,177 (-22.8%) |
| 4BR | $4,190 | $5,163 | −$972 (-18.8%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.