Monthly Rent Report
South LA Rent Report — August 2024
Asking rents in ZIP 90037, Los Angeles, from 7 listings.
Median 1BR rent in South LA was $1,899 in August 2024, up 2.6% (+$49) from July 2024 and up 0.2% year-over-year. The middle half of 1BR listings asked between $1,899 and $1,899. That puts South LA $196 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 7 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | −$695 (-43.6%) | −$1,091 (-54.8%) | $900 – $900 | 1 |
| 1BR | $1,899 | +$49 (+2.6%) | +$4 (+0.2%) | $1,899 – $1,899 | 1 |
| 2BR | $3,052 | +$152 (+5.2%) | +$957 (+45.7%) | $3,052 – $3,052 | 1 |
| 2BR | $1,895 | −$1,005 (-34.7%) | −$200 (-9.5%) | $1,895 – $1,895 | 1 |
| 3BR | $3,645 | +$450 (+14.1%) | +$1,382 (+61.1%) | $3,645 – $3,645 | 1 |
| 4BR | $4,300 | +$3,050 (+244.0%) | +$315 (+7.9%) | $4,300 – $4,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — August 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,750 | −$850 (-48.6%) |
| 1BR | $1,899 | $2,095 | −$196 (-9.4%) |
| 2BR | $3,052 | $2,795 | +$257 (+9.2%) |
| 2BR | $1,895 | $2,795 | −$900 (-32.2%) |
| 3BR | $3,645 | $4,000 | −$355 (-8.9%) |
| 4BR | $4,300 | $4,895 | −$595 (-12.2%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.