Monthly Rent Report
South LA Rent Report — February 2024
Asking rents in ZIP 90061, Los Angeles, from 190 listings.
Median 1BR rent in South LA was $2,400 in February 2024, up 48.6% (+$785) from January 2024 and up 37.1% year-over-year. The middle half of 1BR listings asked between $1,650 and $2,400. That puts South LA $205 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 190 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | $0 (0.0%) | +$198 (+15.2%) | $1,495 – $1,495 | 1 |
| Studio | $3,200 | +$1,705 (+114.0%) | +$1,903 (+146.6%) | $1,395 – $3,600 | 7 |
| 1BR | $2,400 | +$785 (+48.6%) | +$650 (+37.1%) | $1,650 – $2,400 | 19 |
| 1BR | $1,800 | +$185 (+11.5%) | +$50 (+2.9%) | $1,625 – $2,300 | 41 |
| 2BR | $2,425 | +$275 (+12.8%) | −$225 (-8.5%) | $2,200 – $2,795 | 35 |
| 2BR | $2,150 | $0 (0.0%) | −$500 (-18.9%) | $2,150 – $2,150 | 1 |
| 3BR | $3,550 | +$555 (+18.5%) | +$755 (+27.0%) | $3,550 – $3,550 | 1 |
| 3BR | $3,231 | +$236 (+7.9%) | +$436 (+15.6%) | $2,995 – $3,550 | 25 |
| 4BR | $3,400 | +$200 (+6.3%) | +$455 (+15.4%) | $3,098 – $3,500 | 51 |
| 4BR | $3,400 | +$200 (+6.3%) | +$455 (+15.4%) | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — February 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,750 | −$254 (-14.5%) |
| Studio | $3,200 | $1,750 | +$1,451 (+82.9%) |
| 1BR | $2,400 | $2,195 | +$205 (+9.3%) |
| 1BR | $1,800 | $2,195 | −$395 (-18.0%) |
| 2BR | $2,425 | $2,850 | −$425 (-14.9%) |
| 2BR | $2,150 | $2,850 | −$700 (-24.6%) |
| 3BR | $3,550 | $3,995 | −$445 (-11.1%) |
| 3BR | $3,231 | $3,995 | −$764 (-19.1%) |
| 4BR | $3,400 | $5,000 | −$1,600 (-32.0%) |
| 4BR | $3,400 | $5,000 | −$1,600 (-32.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.