Monthly Rent Report
South LA Rent Report — December 2023
Asking rents in ZIP 90061, Los Angeles, from 53 listings.
Median 1BR rent in South LA was $1,800 in December 2023, down 21.6% (−$495) from November 2023 and up 5.9% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts South LA $329 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 53 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$200 (-12.5%) | −$200 (-12.5%) | $1,310 – $3,200 | 11 |
| Studio | $1,395 | −$200 (-12.5%) | −$200 (-12.5%) | $1,099 – $2,749 | 6 |
| 1BR | $1,800 | −$495 (-21.6%) | +$100 (+5.9%) | $1,800 – $1,800 | 9 |
| 1BR | $1,750 | −$545 (-23.7%) | +$50 (+2.9%) | $1,750 – $1,750 | 1 |
| 2BR | $3,050 | +$450 (+17.3%) | +$1,055 (+52.9%) | $3,050 – $3,050 | 3 |
| 2BR | $3,050 | +$450 (+17.3%) | +$1,055 (+52.9%) | $3,050 – $3,050 | 6 |
| 3BR | $2,950 | −$250 (-7.8%) | −$125 (-4.1%) | $2,950 – $2,950 | 1 |
| 3BR | $2,995 | −$205 (-6.4%) | −$80 (-2.6%) | $2,995 – $2,995 | 10 |
| 4BR | $3,750 | +$805 (+27.3%) | +$550 (+17.2%) | $3,625 – $3,875 | 2 |
| 4BR | $1,300 | −$1,645 (-55.9%) | −$1,900 (-59.4%) | $1,300 – $1,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — December 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,750 | −$355 (-20.3%) |
| Studio | $1,395 | $1,750 | −$355 (-20.3%) |
| 1BR | $1,800 | $2,129 | −$329 (-15.5%) |
| 1BR | $1,750 | $2,129 | −$379 (-17.8%) |
| 2BR | $3,050 | $2,795 | +$255 (+9.1%) |
| 2BR | $3,050 | $2,795 | +$255 (+9.1%) |
| 3BR | $2,950 | $3,923 | −$972 (-24.8%) |
| 3BR | $2,995 | $3,923 | −$927 (-23.6%) |
| 4BR | $3,750 | $4,750 | −$1,000 (-21.1%) |
| 4BR | $1,300 | $4,750 | −$3,450 (-72.6%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.