Monthly Rent Report
South LA Rent Report — February 2023
Asking rents in ZIP 90061, Los Angeles, from 78 listings.
Median 1BR rent in South LA was $1,395 in February 2023, down 12.8% (−$205) from January 2023 and down 14.2% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,395. That puts South LA $730 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 78 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,298 | — | +$73 (+5.9%) | $1,199 – $1,396 | 2 |
| Studio | $1,298 | — | +$73 (+5.9%) | $1,199 – $1,396 | 2 |
| 1BR | $1,395 | −$205 (-12.8%) | −$230 (-14.2%) | $1,395 – $1,395 | 1 |
| 1BR | $1,750 | +$150 (+9.4%) | +$125 (+7.7%) | $1,600 – $1,750 | 5 |
| 2BR | $2,452 | −$98 (-3.8%) | +$152 (+6.6%) | $2,100 – $2,660 | 9 |
| 2BR | $2,650 | +$100 (+3.9%) | +$350 (+15.2%) | $2,650 – $2,650 | 1 |
| 3BR | $2,795 | −$191 (-6.4%) | +$295 (+11.8%) | $2,795 – $3,000 | 12 |
| 3BR | $2,795 | −$191 (-6.4%) | +$295 (+11.8%) | $2,795 – $2,795 | 6 |
| 4BR | $3,800 | $0 (0.0%) | +$700 (+22.6%) | $3,800 – $3,800 | 3 |
| 4BR | $2,945 | −$855 (-22.5%) | −$155 (-5.0%) | $2,945 – $2,973 | 35 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — February 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,298 | $1,795 | −$497 (-27.7%) |
| Studio | $1,298 | $1,795 | −$497 (-27.7%) |
| 1BR | $1,395 | $2,125 | −$730 (-34.4%) |
| 1BR | $1,750 | $2,125 | −$375 (-17.6%) |
| 2BR | $2,452 | $2,773 | −$321 (-11.6%) |
| 2BR | $2,650 | $2,773 | −$123 (-4.4%) |
| 3BR | $2,795 | $3,850 | −$1,055 (-27.4%) |
| 3BR | $2,795 | $3,850 | −$1,055 (-27.4%) |
| 4BR | $3,800 | $4,695 | −$895 (-19.1%) |
| 4BR | $2,945 | $4,695 | −$1,750 (-37.3%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.