Monthly Rent Report
South LA Rent Report — September 2023
Asking rents in ZIP 90061, Los Angeles, from 10 listings.
Median 1BR rent in South LA was $1,515 in September 2023, down 5.0% (−$80) from August 2023 and down 15.6% year-over-year. The middle half of 1BR listings asked between $1,515 and $1,515. That puts South LA $485 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 10 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,515 | −$80 (-5.0%) | −$280 (-15.6%) | $1,515 – $1,515 | 1 |
| 1BR | $1,395 | −$200 (-12.5%) | −$400 (-22.3%) | $1,395 – $1,395 | 1 |
| 2BR | $2,600 | +$1,105 (+73.9%) | +$605 (+30.3%) | $2,600 – $2,600 | 2 |
| 2BR | $2,100 | +$605 (+40.5%) | +$105 (+5.3%) | $2,100 – $2,100 | 1 |
| 3BR | $3,900 | +$669 (+20.7%) | +$100 (+2.6%) | $3,900 – $3,900 | 1 |
| 4BR | $3,990 | +$1,590 (+66.3%) | +$1,290 (+47.8%) | $3,990 – $3,990 | 2 |
| 4BR | $1,300 | −$1,100 (-45.8%) | −$1,400 (-51.9%) | $1,300 – $1,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — September 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,515 | $2,000 | −$485 (-24.3%) |
| 1BR | $1,395 | $2,000 | −$605 (-30.3%) |
| 2BR | $2,600 | $2,750 | −$150 (-5.5%) |
| 2BR | $2,100 | $2,750 | −$650 (-23.6%) |
| 3BR | $3,900 | $3,948 | −$47 (-1.2%) |
| 4BR | $3,990 | $5,000 | −$1,010 (-20.2%) |
| 4BR | $1,300 | $5,000 | −$3,700 (-74.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.