Monthly Rent Report

South LA Rent Report — September 2024

Asking rents in ZIP 90061, Los Angeles, from 76 listings.

Median 1BR rent in South LA was $2,407 in September 2024, up 21.9% (+$432) from August 2024 and up 58.9% year-over-year. The middle half of 1BR listings asked between $2,407 and $2,407. That puts South LA $409 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 76 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2024Vs. September 2023P25–P75 RangeListings
Studio$1,500−$25 (-1.6%)$1,499 – $2,2758
1BR$2,407+$432 (+21.9%)+$892 (+58.9%)$2,407 – $2,4072
1BR$1,873−$102 (-5.2%)+$358 (+23.6%)$1,749 – $2,40720
2BR$1,895−$555 (-22.7%)−$705 (-27.1%)$1,895 – $1,8951
3BR$3,589+$589 (+19.6%)−$311 (-8.0%)$2,900 – $3,70032
4BR$3,900+$955 (+32.4%)−$90 (-2.3%)$3,852 – $4,21311

Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.

South LA vs. Los AngelesSeptember 2024

BedroomsSouth LA MedianLos Angeles Citywide MedianDifference
Studio$1,500$1,755−$255 (-14.5%)
1BR$2,407$1,999+$409 (+20.4%)
1BR$1,873$1,999−$126 (-6.3%)
2BR$1,895$2,795−$900 (-32.2%)
3BR$3,589$3,850−$261 (-6.8%)
4BR$3,900$4,995−$1,095 (-21.9%)

Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.

Advertisement