Monthly Rent Report
South LA Rent Report — August 2023
Asking rents in ZIP 90061, Los Angeles, from 27 listings.
Median 1BR rent in South LA was $1,595 in August 2023, down 0.3% (−$5) from July 2023. The middle half of 1BR listings asked between $1,595 and $1,595. That puts South LA $505 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 27 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,225 | $0 (0.0%) | — | $1,225 – $1,225 | 3 |
| Studio | $1,495 | +$270 (+22.0%) | — | $1,495 – $1,495 | 2 |
| 1BR | $1,595 | −$5 (-0.3%) | — | $1,595 – $1,595 | 3 |
| 1BR | $1,595 | −$5 (-0.3%) | — | $1,595 – $1,595 | 1 |
| 2BR | $2,095 | $0 (0.0%) | −$5 (-0.2%) | $1,950 – $2,095 | 7 |
| 2BR | $1,495 | −$600 (-28.6%) | −$605 (-28.8%) | $1,495 – $1,495 | 1 |
| 3BR | $2,600 | −$865 (-25.0%) | +$100 (+4.0%) | $2,600 – $2,600 | 1 |
| 3BR | $3,231 | −$234 (-6.8%) | +$731 (+29.2%) | $3,231 – $3,231 | 4 |
| 4BR | $2,945 | $0 (0.0%) | $0 (0.0%) | $2,945 – $2,945 | 3 |
| 4BR | $2,400 | −$545 (-18.5%) | −$545 (-18.5%) | $1,850 – $2,950 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — August 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,225 | $1,775 | −$550 (-31.0%) |
| Studio | $1,495 | $1,775 | −$280 (-15.8%) |
| 1BR | $1,595 | $2,100 | −$505 (-24.0%) |
| 1BR | $1,595 | $2,100 | −$505 (-24.0%) |
| 2BR | $2,095 | $2,895 | −$800 (-27.6%) |
| 2BR | $1,495 | $2,895 | −$1,400 (-48.4%) |
| 3BR | $2,600 | $3,897 | −$1,297 (-33.3%) |
| 3BR | $3,231 | $3,897 | −$666 (-17.1%) |
| 4BR | $2,945 | $5,163 | −$2,217 (-43.0%) |
| 4BR | $2,400 | $5,163 | −$2,762 (-53.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.