Monthly Rent Report
South LA Rent Report — May 2023
Asking rents in ZIP 90062, Los Angeles, from 126 listings.
Median 1BR rent in South LA was $1,713 in May 2023, down 7.4% (−$137) from April 2023 and up 7.0% year-over-year. The middle half of 1BR listings asked between $1,118 and $1,850. That puts South LA $410 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 126 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,580 | −$80 (-4.8%) | +$205 (+14.9%) | $1,496 – $1,660 | 6 |
| Studio | $1,580 | −$80 (-4.8%) | +$205 (+14.9%) | $1,496 – $1,660 | 6 |
| 1BR | $1,713 | −$137 (-7.4%) | +$113 (+7.0%) | $1,118 – $1,850 | 14 |
| 1BR | $1,700 | −$150 (-8.1%) | +$100 (+6.3%) | $1,700 – $1,700 | 1 |
| 2BR | $2,666 | −$34 (-1.3%) | −$329 (-11.0%) | $2,666 – $2,666 | 1 |
| 2BR | $2,375 | −$325 (-12.0%) | −$620 (-20.7%) | $2,295 – $2,650 | 25 |
| 3BR | $5,000 | +$2,250 (+81.8%) | +$1,500 (+42.9%) | $5,000 – $5,000 | 1 |
| 3BR | $2,925 | +$175 (+6.4%) | −$575 (-16.4%) | $2,045 – $2,959 | 54 |
| 4BR | $3,250 | $0 (0.0%) | +$650 (+25.0%) | $3,250 – $3,250 | 15 |
| 4BR | $3,299 | +$49 (+1.5%) | +$699 (+26.9%) | $3,299 – $3,299 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — May 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,580 | $1,750 | −$170 (-9.7%) |
| Studio | $1,580 | $1,750 | −$170 (-9.7%) |
| 1BR | $1,713 | $2,122 | −$409 (-19.3%) |
| 1BR | $1,700 | $2,122 | −$422 (-19.9%) |
| 2BR | $2,666 | $2,780 | −$114 (-4.1%) |
| 2BR | $2,375 | $2,780 | −$405 (-14.6%) |
| 3BR | $5,000 | $3,943 | +$1,058 (+26.8%) |
| 3BR | $2,925 | $3,943 | −$1,017 (-25.8%) |
| 4BR | $3,250 | $5,000 | −$1,750 (-35.0%) |
| 4BR | $3,299 | $5,000 | −$1,701 (-34.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.