Monthly Rent Report
South LA Rent Report — October 2023
Asking rents in ZIP 90037, Los Angeles, from 141 listings.
Median 1BR rent in South LA was $1,550 in October 2023, down 18.2% (−$345) from September 2023 and down 13.9% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,550. That puts South LA $448 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 141 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,407 | +$747 (+45.0%) | +$812 (+50.9%) | $1,950 – $2,407 | 7 |
| Studio | $1,295 | −$365 (-22.0%) | −$300 (-18.8%) | $1,295 – $1,295 | 2 |
| 1BR | $1,550 | −$345 (-18.2%) | −$250 (-13.9%) | $1,550 – $1,550 | 1 |
| 1BR | $1,925 | +$30 (+1.6%) | +$125 (+6.9%) | $1,875 – $2,063 | 8 |
| 2BR | $2,048 | −$227 (-10.0%) | −$947 (-31.6%) | $1,950 – $2,170 | 4 |
| 2BR | $2,700 | +$425 (+18.7%) | −$295 (-9.8%) | $2,700 – $2,700 | 1 |
| 3BR | $3,500 | +$305 (+9.5%) | +$100 (+2.9%) | $2,995 – $3,915 | 48 |
| 3BR | $3,250 | +$55 (+1.7%) | −$150 (-4.4%) | $2,995 – $3,863 | 30 |
| 4BR | $3,500 | −$595 (-14.5%) | +$400 (+12.9%) | $3,500 – $3,500 | 6 |
| 4BR | $3,800 | −$295 (-7.2%) | +$700 (+22.6%) | $3,500 – $3,985 | 27 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — October 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,407 | $1,700 | +$707 (+41.6%) |
| Studio | $1,295 | $1,700 | −$405 (-23.8%) |
| 1BR | $1,550 | $1,998 | −$447 (-22.4%) |
| 1BR | $1,925 | $1,998 | −$72 (-3.6%) |
| 2BR | $2,048 | $2,750 | −$702 (-25.5%) |
| 2BR | $2,700 | $2,750 | −$50 (-1.8%) |
| 3BR | $3,500 | $4,195 | −$695 (-16.6%) |
| 3BR | $3,250 | $4,195 | −$945 (-22.5%) |
| 4BR | $3,500 | $5,275 | −$1,775 (-33.6%) |
| 4BR | $3,800 | $5,275 | −$1,475 (-28.0%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.