Monthly Rent Report
South LA Rent Report — June 2024
Asking rents in ZIP 90037, Los Angeles, from 606 listings.
Median 1BR rent in South LA was $1,693 in June 2024, down 15.3% (−$306) from May 2024 and down 5.7% year-over-year. The middle half of 1BR listings asked between $1,693 and $1,693. That puts South LA $407 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 606 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$195 (+15.0%) | −$76 (-4.9%) | $1,495 – $1,495 | 1 |
| Studio | $1,650 | +$350 (+26.9%) | +$79 (+5.0%) | $1,395 – $2,132 | 86 |
| 1BR | $1,693 | −$306 (-15.3%) | −$102 (-5.7%) | $1,693 – $1,693 | 1 |
| 1BR | $2,000 | +$1 (+0.1%) | +$205 (+11.4%) | $1,705 – $2,200 | 138 |
| 2BR | $2,595 | −$100 (-3.7%) | +$145 (+5.9%) | $2,595 – $2,595 | 1 |
| 2BR | $2,695 | $0 (0.0%) | +$245 (+10.0%) | $2,500 – $2,924 | 168 |
| 3BR | $3,650 | +$150 (+4.3%) | +$1,150 (+46.0%) | $3,195 – $3,900 | 161 |
| 3BR | $3,295 | −$205 (-5.9%) | +$795 (+31.8%) | $3,295 – $3,295 | 2 |
| 4BR | $4,000 | +$5 (+0.1%) | −$500 (-11.1%) | $4,000 – $4,000 | 1 |
| 4BR | $4,300 | +$305 (+7.6%) | −$200 (-4.4%) | $4,100 – $4,500 | 31 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — June 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,759 | −$264 (-15.0%) |
| Studio | $1,650 | $1,759 | −$109 (-6.2%) |
| 1BR | $1,693 | $2,100 | −$407 (-19.4%) |
| 1BR | $2,000 | $2,100 | −$100 (-4.8%) |
| 2BR | $2,595 | $2,885 | −$290 (-10.1%) |
| 2BR | $2,695 | $2,885 | −$190 (-6.6%) |
| 3BR | $3,650 | $3,900 | −$250 (-6.4%) |
| 3BR | $3,295 | $3,900 | −$605 (-15.5%) |
| 4BR | $4,000 | $5,000 | −$1,000 (-20.0%) |
| 4BR | $4,300 | $5,000 | −$700 (-14.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.