Monthly Rent Report
South LA Rent Report — December 2023
Asking rents in ZIP 90037, Los Angeles, from 67 listings.
Median 1BR rent in South LA was $2,407 in December 2023, up 15.2% (+$317) from November 2023 and up 14.8% year-over-year. The middle half of 1BR listings asked between $2,407 and $2,407. That puts South LA $278 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 67 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,187 | −$733 (-38.2%) | −$501 (-29.7%) | $1,187 – $1,187 | 1 |
| Studio | $1,395 | −$525 (-27.3%) | −$293 (-17.4%) | $1,395 – $1,395 | 5 |
| 1BR | $2,407 | +$317 (+15.2%) | +$311 (+14.8%) | $2,407 – $2,407 | 1 |
| 1BR | $2,100 | +$10 (+0.5%) | +$4 (+0.2%) | $2,100 – $2,100 | 7 |
| 2BR | $3,051 | +$351 (+13.0%) | +$1,201 (+64.9%) | $2,500 – $3,052 | 12 |
| 2BR | $3,051 | +$351 (+13.0%) | +$1,201 (+64.9%) | $2,500 – $3,052 | 12 |
| 3BR | $3,915 | +$720 (+22.5%) | +$1,165 (+42.4%) | $3,915 – $3,915 | 1 |
| 3BR | $3,915 | +$720 (+22.5%) | +$1,165 (+42.4%) | $3,915 – $3,915 | 1 |
| 4BR | $4,320 | +$1,720 (+66.2%) | +$545 (+14.4%) | $4,320 – $4,320 | 3 |
| 4BR | $4,320 | +$1,720 (+66.2%) | +$545 (+14.4%) | $4,000 – $4,320 | 8 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — December 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,187 | $1,750 | −$563 (-32.2%) |
| Studio | $1,395 | $1,750 | −$355 (-20.3%) |
| 1BR | $2,407 | $2,129 | +$278 (+13.1%) |
| 1BR | $2,100 | $2,129 | −$29 (-1.4%) |
| 2BR | $3,051 | $2,795 | +$256 (+9.2%) |
| 2BR | $3,051 | $2,795 | +$256 (+9.2%) |
| 3BR | $3,915 | $3,923 | −$7 (-0.2%) |
| 3BR | $3,915 | $3,923 | −$7 (-0.2%) |
| 4BR | $4,320 | $4,750 | −$430 (-9.1%) |
| 4BR | $4,320 | $4,750 | −$430 (-9.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.