Monthly Rent Report
South LA Rent Report — September 2024
Asking rents in ZIP 90037, Los Angeles, from 121 listings.
Median 1BR rent in South LA was $1,495 in September 2024, down 21.3% (−$404) from August 2024 and down 21.1% year-over-year. The middle half of 1BR listings asked between $1,445 and $1,523. That puts South LA $504 below the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 121 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | +$650 (+72.2%) | −$110 (-6.6%) | $1,550 – $1,550 | 1 |
| Studio | $1,695 | +$795 (+88.3%) | +$35 (+2.1%) | $1,695 – $1,695 | 1 |
| 1BR | $1,495 | −$404 (-21.3%) | −$400 (-21.1%) | $1,445 – $1,523 | 3 |
| 1BR | $1,950 | +$51 (+2.7%) | +$55 (+2.9%) | $1,950 – $2,023 | 7 |
| 2BR | $2,500 | +$605 (+31.9%) | +$225 (+9.9%) | $2,300 – $2,795 | 81 |
| 2BR | $2,795 | +$900 (+47.5%) | +$520 (+22.9%) | $2,795 – $2,795 | 8 |
| 3BR | $3,600 | −$45 (-1.2%) | +$405 (+12.7%) | $3,326 – $4,300 | 3 |
| 3BR | $3,325 | −$320 (-8.8%) | +$130 (+4.1%) | $3,300 – $3,350 | 2 |
| 4BR | $3,950 | −$350 (-8.1%) | −$145 (-3.5%) | $3,950 – $3,950 | 1 |
| 4BR | $4,300 | $0 (0.0%) | +$205 (+5.0%) | $4,300 – $4,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — September 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,755 | −$205 (-11.7%) |
| Studio | $1,695 | $1,755 | −$60 (-3.4%) |
| 1BR | $1,495 | $1,999 | −$503 (-25.2%) |
| 1BR | $1,950 | $1,999 | −$48 (-2.4%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 2BR | $2,795 | $2,795 | $0 (0.0%) |
| 3BR | $3,600 | $3,850 | −$250 (-6.5%) |
| 3BR | $3,325 | $3,850 | −$525 (-13.6%) |
| 4BR | $3,950 | $4,995 | −$1,045 (-20.9%) |
| 4BR | $4,300 | $4,995 | −$695 (-13.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.