Monthly Rent Report
South LA Rent Report — July 2023
Asking rents in ZIP 90061, Los Angeles, from 36 listings.
Median 1BR rent in South LA was $1,595 in July 2023, down 7.4% (−$127) from June 2023 and down 6.2% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,595. That puts South LA $530 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 36 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,225 | −$435 (-26.2%) | −$270 (-18.1%) | $1,225 – $1,225 | 1 |
| Studio | $1,225 | −$435 (-26.2%) | −$270 (-18.1%) | $1,225 – $1,225 | 2 |
| 1BR | $1,595 | −$127 (-7.4%) | −$105 (-6.2%) | $1,595 – $1,595 | 1 |
| 1BR | $1,600 | −$122 (-7.1%) | −$100 (-5.9%) | $1,595 – $1,663 | 8 |
| 2BR | $2,095 | −$805 (-27.8%) | −$52 (-2.4%) | $1,950 – $2,100 | 5 |
| 2BR | $2,675 | −$225 (-7.8%) | +$528 (+24.6%) | $2,469 – $2,681 | 4 |
| 3BR | $3,465 | +$325 (+10.3%) | +$234 (+7.2%) | $3,465 – $3,900 | 5 |
| 3BR | $3,000 | −$140 (-4.5%) | −$231 (-7.1%) | $2,988 – $3,116 | 3 |
| 4BR | $4,000 | +$1,055 (+35.8%) | +$1,055 (+35.8%) | $4,000 – $4,000 | 1 |
| 4BR | $2,945 | $0 (0.0%) | $0 (0.0%) | $2,945 – $3,586 | 6 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — July 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,225 | $1,800 | −$575 (-31.9%) |
| Studio | $1,225 | $1,800 | −$575 (-31.9%) |
| 1BR | $1,595 | $2,125 | −$530 (-24.9%) |
| 1BR | $1,600 | $2,125 | −$525 (-24.7%) |
| 2BR | $2,095 | $2,873 | −$778 (-27.1%) |
| 2BR | $2,675 | $2,873 | −$198 (-6.9%) |
| 3BR | $3,465 | $3,836 | −$371 (-9.7%) |
| 3BR | $3,000 | $3,836 | −$836 (-21.8%) |
| 4BR | $4,000 | $4,572 | −$572 (-12.5%) |
| 4BR | $2,945 | $4,572 | −$1,627 (-35.6%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.