Monthly Rent Report
South LA Rent Report — January 2024
Asking rents in ZIP 90037, Los Angeles, from 156 listings.
Median 1BR rent in South LA was $1,595 in January 2024, down 33.7% (−$812) from December 2023 and down 7.4% year-over-year. The middle half of 1BR listings asked between $1,545 and $1,623. That puts South LA $502 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 156 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,132 | +$737 (+52.8%) | +$832 (+64.0%) | $2,132 – $2,132 | 1 |
| Studio | $2,132 | +$737 (+52.8%) | +$832 (+64.0%) | $2,132 – $2,132 | 1 |
| 1BR | $1,595 | −$812 (-33.7%) | −$127 (-7.4%) | $1,545 – $1,623 | 3 |
| 1BR | $1,698 | −$709 (-29.5%) | −$25 (-1.5%) | $1,524 – $2,068 | 50 |
| 2BR | $2,000 | −$1,051 (-34.4%) | −$995 (-33.2%) | $2,000 – $2,000 | 1 |
| 2BR | $2,683 | −$368 (-12.1%) | −$312 (-10.4%) | $2,500 – $2,999 | 50 |
| 3BR | $3,900 | −$15 (-0.4%) | +$950 (+32.2%) | $3,236 – $4,350 | 36 |
| 3BR | $3,900 | −$15 (-0.4%) | +$950 (+32.2%) | $3,900 – $3,900 | 1 |
| 4BR | $4,320 | $0 (0.0%) | +$345 (+8.7%) | $3,800 – $5,825 | 5 |
| 4BR | $5,073 | +$753 (+17.4%) | +$1,098 (+27.6%) | $3,930 – $5,825 | 6 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — January 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,132 | $1,750 | +$382 (+21.8%) |
| Studio | $2,132 | $1,750 | +$382 (+21.8%) |
| 1BR | $1,595 | $2,097 | −$501 (-23.9%) |
| 1BR | $1,698 | $2,097 | −$399 (-19.0%) |
| 2BR | $2,000 | $2,795 | −$795 (-28.4%) |
| 2BR | $2,683 | $2,795 | −$112 (-4.0%) |
| 3BR | $3,900 | $3,950 | −$50 (-1.3%) |
| 3BR | $3,900 | $3,950 | −$50 (-1.3%) |
| 4BR | $4,320 | $5,200 | −$880 (-16.9%) |
| 4BR | $5,073 | $5,200 | −$127 (-2.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.