Monthly Rent Report
South LA Rent Report — July 2024
Asking rents in ZIP 90061, Los Angeles, from 48 listings.
Median 1BR rent in South LA was $1,040 in July 2024, down 53.8% (−$1,210) from June 2024 and down 35.0% year-over-year. The middle half of 1BR listings asked between $1,040 and $1,040. That puts South LA $1,055 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 48 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,598 | +$103 (+6.9%) | +$373 (+30.4%) | $1,483 – $2,275 | 4 |
| Studio | $1,495 | $0 (0.0%) | +$270 (+22.0%) | $1,495 – $1,495 | 1 |
| 1BR | $1,040 | −$1,210 (-53.8%) | −$560 (-35.0%) | $1,040 – $1,040 | 3 |
| 1BR | $1,795 | −$455 (-20.2%) | +$195 (+12.2%) | $1,750 – $2,250 | 5 |
| 2BR | $1,895 | −$677 (-26.3%) | −$780 (-29.2%) | $1,895 – $1,895 | 1 |
| 2BR | $2,550 | −$22 (-0.9%) | −$125 (-4.7%) | $1,995 – $2,600 | 9 |
| 3BR | $3,000 | $0 (0.0%) | $0 (0.0%) | $2,900 – $3,300 | 3 |
| 3BR | $2,900 | −$100 (-3.3%) | −$100 (-3.3%) | $2,900 – $2,900 | 3 |
| 4BR | $3,400 | +$455 (+15.4%) | +$455 (+15.4%) | $3,400 – $3,400 | 1 |
| 4BR | $2,945 | $0 (0.0%) | $0 (0.0%) | $2,945 – $2,945 | 14 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — July 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,598 | $1,778 | −$181 (-10.2%) |
| Studio | $1,495 | $1,778 | −$283 (-15.9%) |
| 1BR | $1,040 | $2,095 | −$1,055 (-50.4%) |
| 1BR | $1,795 | $2,095 | −$300 (-14.3%) |
| 2BR | $1,895 | $2,835 | −$940 (-33.2%) |
| 2BR | $2,550 | $2,835 | −$285 (-10.1%) |
| 3BR | $3,000 | $3,900 | −$900 (-23.1%) |
| 3BR | $2,900 | $3,900 | −$1,000 (-25.6%) |
| 4BR | $3,400 | $5,270 | −$1,870 (-35.5%) |
| 4BR | $2,945 | $5,270 | −$2,325 (-44.1%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.