Monthly Rent Report

South LA Rent Report — November 2024

Asking rents in ZIP 90061, Los Angeles, from 30 listings.

Median 1BR rent in South LA was $1,040 in November 2024, down 34.0% (−$535) from October 2024 and down 45.1% year-over-year. The middle half of 1BR listings asked between $1,040 and $1,040. That puts South LA $1,033 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 30 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2024Vs. November 2023P25–P75 RangeListings
Studio$1,700+$550 (+47.8%)+$390 (+29.8%)$1,598 – $1,7007
1BR$1,040−$535 (-34.0%)−$855 (-45.1%)$1,040 – $1,0402
1BR$1,040−$535 (-34.0%)−$855 (-45.1%)$1,040 – $1,0402
2BR$2,700+$350 (+14.9%)+$100 (+3.8%)$2,700 – $2,7001
2BR$2,600+$250 (+10.6%)$0 (0.0%)$2,600 – $2,6006
3BR$2,800−$735 (-20.8%)−$400 (-12.5%)$2,800 – $2,8001
3BR$3,600+$65 (+1.8%)+$400 (+12.5%)$3,600 – $3,6083
4BR$3,800+$300 (+8.6%)+$855 (+29.0%)$3,800 – $3,8006
4BR$3,800+$300 (+8.6%)+$855 (+29.0%)$3,800 – $3,8002

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

South LA vs. Los AngelesNovember 2024

BedroomsSouth LA MedianLos Angeles Citywide MedianDifference
Studio$1,700$1,750−$50 (-2.9%)
1BR$1,040$2,073−$1,032 (-49.8%)
1BR$1,040$2,073−$1,032 (-49.8%)
2BR$2,700$2,850−$150 (-5.3%)
2BR$2,600$2,850−$250 (-8.8%)
3BR$2,800$3,895−$1,095 (-28.1%)
3BR$3,600$3,895−$295 (-7.6%)
4BR$3,800$5,220−$1,419 (-27.2%)
4BR$3,800$5,220−$1,419 (-27.2%)

Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.

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