Monthly Rent Report
South LA Rent Report — October 2024
Asking rents in ZIP 90061, Los Angeles, from 21 listings.
Median 1BR rent in South LA was $1,575 in October 2024, down 34.6% (−$832) from September 2024 and up 12.9% year-over-year. The middle half of 1BR listings asked between $1,575 and $1,575. That puts South LA $436 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 21 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$350 (-23.3%) | −$345 (-23.1%) | $1,150 – $1,150 | 1 |
| 1BR | $1,575 | −$832 (-34.6%) | +$180 (+12.9%) | $1,575 – $1,575 | 1 |
| 2BR | $2,350 | +$455 (+24.0%) | +$200 (+9.3%) | $2,250 – $2,450 | 2 |
| 3BR | $3,600 | +$11 (+0.3%) | +$369 (+11.4%) | $3,000 – $3,915 | 9 |
| 3BR | $3,535 | −$54 (-1.5%) | +$304 (+9.4%) | $3,535 – $3,535 | 3 |
| 4BR | $3,500 | −$400 (-10.3%) | −$490 (-12.3%) | $3,500 – $3,500 | 1 |
| 4BR | $3,000 | −$900 (-23.1%) | −$990 (-24.8%) | $3,000 – $3,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — October 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,700 | −$550 (-32.4%) |
| 1BR | $1,575 | $2,011 | −$436 (-21.7%) |
| 2BR | $2,350 | $2,727 | −$377 (-13.8%) |
| 3BR | $3,600 | $3,816 | −$216 (-5.7%) |
| 3BR | $3,535 | $3,816 | −$281 (-7.4%) |
| 4BR | $3,500 | $5,225 | −$1,725 (-33.0%) |
| 4BR | $3,000 | $5,225 | −$2,225 (-42.6%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.