Monthly Rent Report
South LA Rent Report — July 2023
Asking rents in ZIP 90062, Los Angeles, from 59 listings.
Median 1BR rent in South LA was $1,995 in July 2023, up 5.3% (+$100) from June 2023 and up 3.7% year-over-year. The middle half of 1BR listings asked between $1,719 and $2,058. That puts South LA $130 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 59 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$305 (-17.9%) | −$100 (-6.7%) | $1,395 – $1,395 | 1 |
| Studio | $1,660 | −$40 (-2.4%) | +$165 (+11.0%) | $1,660 – $1,660 | 1 |
| 1BR | $1,995 | +$100 (+5.3%) | +$71 (+3.7%) | $1,719 – $2,058 | 4 |
| 1BR | $1,800 | −$95 (-5.0%) | −$124 (-6.4%) | $1,800 – $2,099 | 5 |
| 2BR | $2,660 | +$110 (+4.3%) | −$340 (-11.3%) | $2,200 – $2,666 | 9 |
| 2BR | $2,950 | +$400 (+15.7%) | −$50 (-1.7%) | $2,950 – $2,950 | 2 |
| 3BR | $2,750 | +$5 (+0.2%) | −$187 (-6.4%) | $2,750 – $2,750 | 1 |
| 3BR | $2,925 | +$180 (+6.6%) | −$12 (-0.4%) | $2,045 – $2,925 | 25 |
| 4BR | $3,773 | +$523 (+16.1%) | +$523 (+16.1%) | $3,512 – $3,798 | 7 |
| 4BR | $3,795 | +$545 (+16.8%) | +$545 (+16.8%) | $3,795 – $3,795 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — July 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,800 | −$405 (-22.5%) |
| Studio | $1,660 | $1,800 | −$140 (-7.8%) |
| 1BR | $1,995 | $2,125 | −$130 (-6.1%) |
| 1BR | $1,800 | $2,125 | −$325 (-15.3%) |
| 2BR | $2,660 | $2,873 | −$213 (-7.4%) |
| 2BR | $2,950 | $2,873 | +$77 (+2.7%) |
| 3BR | $2,750 | $3,836 | −$1,086 (-28.3%) |
| 3BR | $2,925 | $3,836 | −$911 (-23.7%) |
| 4BR | $3,773 | $4,572 | −$799 (-17.5%) |
| 4BR | $3,795 | $4,572 | −$777 (-17.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.