Monthly Rent Report
South LA Rent Report — March 2023
Asking rents in ZIP 90062, Los Angeles, from 198 listings.
Median 1BR rent in South LA was $1,897 in March 2023, up 1.1% (+$22) from February 2023 and down 0.2% year-over-year. The middle half of 1BR listings asked between $1,695 and $2,096. That puts South LA $200 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 198 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,578 | +$83 (+5.5%) | −$82 (-5.0%) | $1,495 – $1,660 | 4 |
| Studio | $1,495 | $0 (0.0%) | −$165 (-9.9%) | $1,495 – $1,619 | 6 |
| 1BR | $1,897 | +$22 (+1.1%) | −$3 (-0.2%) | $1,695 – $2,096 | 26 |
| 1BR | $1,550 | −$325 (-17.3%) | −$350 (-18.4%) | $1,550 – $1,550 | 1 |
| 2BR | $2,200 | −$300 (-12.0%) | −$1,300 (-37.1%) | $2,200 – $2,200 | 1 |
| 2BR | $2,400 | −$100 (-4.0%) | −$1,100 (-31.4%) | $2,200 – $2,650 | 45 |
| 3BR | $3,100 | +$355 (+12.9%) | +$138 (+4.7%) | $2,962 – $3,465 | 20 |
| 3BR | $2,979 | +$234 (+8.5%) | +$17 (+0.6%) | $2,745 – $3,200 | 54 |
| 4BR | $3,250 | $0 (0.0%) | +$60 (+1.9%) | $3,250 – $3,250 | 27 |
| 4BR | $4,495 | +$1,245 (+38.3%) | +$1,305 (+40.9%) | $3,250 – $4,495 | 5 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — March 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,578 | $1,745 | −$167 (-9.6%) |
| Studio | $1,495 | $1,745 | −$250 (-14.3%) |
| 1BR | $1,897 | $2,097 | −$200 (-9.6%) |
| 1BR | $1,550 | $2,097 | −$547 (-26.1%) |
| 2BR | $2,200 | $2,750 | −$550 (-20.0%) |
| 2BR | $2,400 | $2,750 | −$350 (-12.7%) |
| 3BR | $3,100 | $3,923 | −$822 (-21.0%) |
| 3BR | $2,979 | $3,923 | −$944 (-24.1%) |
| 4BR | $3,250 | $4,760 | −$1,510 (-31.7%) |
| 4BR | $4,495 | $4,760 | −$265 (-5.6%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.