Monthly Rent Report
South LA Rent Report — January 2024
Asking rents in ZIP 90061, Los Angeles, from 82 listings.
Median 1BR rent in South LA was $1,430 in January 2024, down 18.3% (−$320) from December 2023 and down 10.6% year-over-year. The middle half of 1BR listings asked between $1,430 and $1,430. That puts South LA $667 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 82 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$100 (+7.2%) | — | $1,495 – $1,495 | 1 |
| Studio | $1,395 | $0 (0.0%) | — | $1,395 – $1,996 | 8 |
| 1BR | $1,430 | −$320 (-18.3%) | −$170 (-10.6%) | $1,430 – $1,430 | 1 |
| 1BR | $1,615 | −$135 (-7.7%) | +$15 (+0.9%) | $1,430 – $1,838 | 8 |
| 2BR | $3,000 | −$50 (-1.6%) | +$1,000 (+50.0%) | $2,850 – $3,052 | 22 |
| 2BR | $2,150 | −$900 (-29.5%) | +$150 (+7.5%) | $2,150 – $2,150 | 1 |
| 3BR | $3,310 | +$360 (+12.2%) | +$324 (+10.9%) | $3,310 – $3,310 | 1 |
| 3BR | $2,995 | +$45 (+1.5%) | +$9 (+0.3%) | $2,950 – $3,125 | 8 |
| 4BR | $3,200 | −$550 (-14.7%) | −$600 (-15.8%) | $2,959 – $3,500 | 22 |
| 4BR | $1,300 | −$2,450 (-65.3%) | −$2,500 (-65.8%) | $1,300 – $1,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — January 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,750 | −$255 (-14.6%) |
| Studio | $1,395 | $1,750 | −$355 (-20.3%) |
| 1BR | $1,430 | $2,097 | −$666 (-31.8%) |
| 1BR | $1,615 | $2,097 | −$481 (-23.0%) |
| 2BR | $3,000 | $2,795 | +$205 (+7.3%) |
| 2BR | $2,150 | $2,795 | −$645 (-23.1%) |
| 3BR | $3,310 | $3,950 | −$640 (-16.2%) |
| 3BR | $2,995 | $3,950 | −$955 (-24.2%) |
| 4BR | $3,200 | $5,200 | −$2,000 (-38.5%) |
| 4BR | $1,300 | $5,200 | −$3,900 (-75.0%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.