Monthly Rent Report
South LA Rent Report — September 2023
Asking rents in ZIP 90037, Los Angeles, from 29 listings.
Median 1BR rent in South LA was $1,800 in September 2023, up 2.9% (+$50) from August 2023 and up 16.1% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,100. That puts South LA $200 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 29 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$441 (-22.1%) | +$24 (+1.6%) | $1,550 – $1,550 | 1 |
| Studio | $1,660 | −$331 (-16.6%) | +$134 (+8.8%) | $1,660 – $1,660 | 1 |
| 1BR | $1,800 | +$50 (+2.9%) | +$250 (+16.1%) | $1,800 – $2,100 | 3 |
| 1BR | $1,895 | +$145 (+8.3%) | +$345 (+22.3%) | $1,895 – $1,895 | 1 |
| 2BR | $2,275 | −$325 (-12.5%) | +$277 (+13.9%) | $2,150 – $2,444 | 10 |
| 2BR | $1,750 | −$850 (-32.7%) | −$248 (-12.4%) | $1,750 – $1,750 | 1 |
| 3BR | $3,195 | +$220 (+7.4%) | −$105 (-3.2%) | $3,195 – $3,195 | 3 |
| 3BR | $3,195 | +$220 (+7.4%) | −$105 (-3.2%) | $3,195 – $3,195 | 1 |
| 4BR | $4,500 | +$515 (+12.9%) | — | $4,348 – $4,500 | 3 |
| 4BR | $4,095 | +$110 (+2.8%) | — | $4,095 – $4,120 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — September 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,795 | −$245 (-13.6%) |
| Studio | $1,660 | $1,795 | −$135 (-7.5%) |
| 1BR | $1,800 | $2,000 | −$200 (-10.0%) |
| 1BR | $1,895 | $2,000 | −$105 (-5.3%) |
| 2BR | $2,275 | $2,750 | −$475 (-17.3%) |
| 2BR | $1,750 | $2,750 | −$1,000 (-36.4%) |
| 3BR | $3,195 | $3,948 | −$752 (-19.1%) |
| 3BR | $3,195 | $3,948 | −$752 (-19.1%) |
| 4BR | $4,500 | $5,000 | −$500 (-10.0%) |
| 4BR | $4,095 | $5,000 | −$905 (-18.1%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.