Monthly Rent Report
South LA Rent Report — March 2024
Asking rents in ZIP 90037, Los Angeles, from 81 listings.
Median 1BR rent in South LA was $1,770 in March 2024, up 1.1% (+$20) from February 2024 and down 1.7% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,985. That puts South LA $375 below the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 81 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,195 | $0 (0.0%) | −$200 (-14.3%) | $1,195 – $1,195 | 1 |
| Studio | $1,400 | +$205 (+17.2%) | +$5 (+0.4%) | $1,400 – $1,400 | 5 |
| 1BR | $1,770 | +$20 (+1.1%) | −$30 (-1.7%) | $1,595 – $1,985 | 62 |
| 1BR | $1,595 | −$155 (-8.9%) | −$205 (-11.4%) | $1,595 – $1,595 | 3 |
| 2BR | $2,600 | +$26 (+1.0%) | $0 (0.0%) | $2,600 – $2,600 | 1 |
| 2BR | $1,900 | −$674 (-26.2%) | −$700 (-26.9%) | $1,900 – $1,900 | 1 |
| 3BR | $3,195 | −$205 (-6.0%) | +$120 (+3.9%) | $3,195 – $3,195 | 1 |
| 3BR | $4,150 | +$750 (+22.1%) | +$1,075 (+35.0%) | $4,150 – $4,150 | 1 |
| 4BR | $1,320 | −$1,980 (-60.0%) | −$2,530 (-65.7%) | $1,320 – $1,320 | 2 |
| 4BR | $1,269 | −$2,031 (-61.5%) | −$2,581 (-67.0%) | $1,269 – $1,269 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — March 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,195 | $1,723 | −$527 (-30.6%) |
| Studio | $1,400 | $1,723 | −$322 (-18.7%) |
| 1BR | $1,770 | $2,145 | −$375 (-17.5%) |
| 1BR | $1,595 | $2,145 | −$550 (-25.6%) |
| 2BR | $2,600 | $2,850 | −$250 (-8.8%) |
| 2BR | $1,900 | $2,850 | −$950 (-33.3%) |
| 3BR | $3,195 | $3,762 | −$567 (-15.1%) |
| 3BR | $4,150 | $3,762 | +$388 (+10.3%) |
| 4BR | $1,320 | $4,950 | −$3,630 (-73.3%) |
| 4BR | $1,269 | $4,950 | −$3,681 (-74.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.