Monthly Rent Report
South LA Rent Report — March 2023
Asking rents in ZIP 90061, Los Angeles, from 100 listings.
Median 1BR rent in South LA was $1,595 in March 2023, down 8.9% (−$155) from February 2023 and down 11.4% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,596. That puts South LA $502 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 100 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,225 | −$72 (-5.6%) | — | $1,225 – $1,225 | 2 |
| Studio | $1,225 | −$72 (-5.6%) | — | $1,225 – $1,225 | 2 |
| 1BR | $1,595 | −$155 (-8.9%) | −$205 (-11.4%) | $1,595 – $1,596 | 4 |
| 1BR | $1,595 | −$155 (-8.9%) | −$205 (-11.4%) | $1,495 – $1,600 | 9 |
| 2BR | $2,098 | −$354 (-14.5%) | −$91 (-4.2%) | $1,995 – $2,500 | 20 |
| 2BR | $2,150 | −$302 (-12.3%) | −$38 (-1.8%) | $2,150 – $2,150 | 1 |
| 3BR | $3,195 | +$400 (+14.3%) | −$36 (-1.1%) | $3,195 – $3,195 | 1 |
| 3BR | $3,231 | +$436 (+15.6%) | $0 (0.0%) | $2,706 – $3,465 | 18 |
| 4BR | $3,100 | +$155 (+5.3%) | $0 (0.0%) | $3,100 – $3,100 | 1 |
| 4BR | $2,945 | $0 (0.0%) | −$155 (-5.0%) | $2,945 – $3,800 | 42 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — March 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,225 | $1,745 | −$520 (-29.8%) |
| Studio | $1,225 | $1,745 | −$520 (-29.8%) |
| 1BR | $1,595 | $2,097 | −$502 (-23.9%) |
| 1BR | $1,595 | $2,097 | −$502 (-23.9%) |
| 2BR | $2,098 | $2,750 | −$652 (-23.7%) |
| 2BR | $2,150 | $2,750 | −$600 (-21.8%) |
| 3BR | $3,195 | $3,923 | −$727 (-18.5%) |
| 3BR | $3,231 | $3,923 | −$691 (-17.6%) |
| 4BR | $3,100 | $4,760 | −$1,660 (-34.9%) |
| 4BR | $2,945 | $4,760 | −$1,815 (-38.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.