Monthly Rent Report
South LA Rent Report — October 2023
Asking rents in ZIP 90061, Los Angeles, from 24 listings.
Median 1BR rent in South LA was $1,595 in October 2023, up 14.3% (+$200) from September 2023 and down 13.8% year-over-year. The middle half of 1BR listings asked between $1,395 and $2,000. That puts South LA $403 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 24 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | — | +$520 (+53.3%) | $1,495 – $1,495 | 1 |
| 1BR | $1,595 | +$200 (+14.3%) | −$255 (-13.8%) | $1,395 – $2,000 | 9 |
| 1BR | $1,395 | $0 (0.0%) | −$455 (-24.6%) | $1,395 – $1,395 | 1 |
| 2BR | $1,950 | −$650 (-25.0%) | −$710 (-26.7%) | $1,950 – $1,950 | 1 |
| 2BR | $2,150 | −$450 (-17.3%) | −$510 (-19.2%) | $2,150 – $2,150 | 1 |
| 3BR | $2,495 | −$1,405 (-36.0%) | −$305 (-10.9%) | $2,495 – $2,495 | 1 |
| 3BR | $3,231 | −$669 (-17.2%) | +$431 (+15.4%) | $3,231 – $3,231 | 2 |
| 4BR | $3,200 | −$790 (-19.8%) | +$255 (+8.7%) | $3,200 – $3,200 | 7 |
| 4BR | $3,990 | $0 (0.0%) | +$1,045 (+35.5%) | $3,990 – $3,990 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — October 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,700 | −$205 (-12.1%) |
| 1BR | $1,595 | $1,998 | −$402 (-20.2%) |
| 1BR | $1,395 | $1,998 | −$602 (-30.2%) |
| 2BR | $1,950 | $2,750 | −$800 (-29.1%) |
| 2BR | $2,150 | $2,750 | −$600 (-21.8%) |
| 3BR | $2,495 | $4,195 | −$1,700 (-40.5%) |
| 3BR | $3,231 | $4,195 | −$964 (-23.0%) |
| 4BR | $3,200 | $5,275 | −$2,075 (-39.3%) |
| 4BR | $3,990 | $5,275 | −$1,285 (-24.4%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.