Monthly Rent Report
South LA Rent Report — August 2023
Asking rents in ZIP 90062, Los Angeles, from 33 listings.
Median 1BR rent in South LA was $1,813 in August 2023, up 0.7% (+$13) from July 2023 and down 17.4% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,875. That puts South LA $288 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 33 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | $0 (0.0%) | −$335 (-19.4%) | $1,395 – $1,395 | 1 |
| Studio | $1,300 | −$95 (-6.8%) | −$430 (-24.9%) | $1,300 – $1,300 | 1 |
| 1BR | $1,813 | +$13 (+0.7%) | −$382 (-17.4%) | $1,750 – $1,875 | 6 |
| 1BR | $1,798 | −$2 (-0.1%) | −$397 (-18.1%) | $1,798 – $1,798 | 1 |
| 2BR | $2,300 | −$360 (-13.5%) | −$152 (-6.2%) | $2,300 – $2,300 | 1 |
| 2BR | $3,052 | +$392 (+14.7%) | +$600 (+24.5%) | $3,052 – $3,052 | 6 |
| 3BR | $2,962 | +$37 (+1.3%) | +$112 (+3.9%) | $2,962 – $2,962 | 3 |
| 3BR | $2,964 | +$39 (+1.3%) | +$114 (+4.0%) | $2,964 – $2,964 | 1 |
| 4BR | $2,940 | −$855 (-22.5%) | −$310 (-9.5%) | $2,940 – $2,940 | 1 |
| 4BR | $4,125 | +$330 (+8.7%) | +$875 (+26.9%) | $3,800 – $4,450 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — August 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,775 | −$380 (-21.4%) |
| Studio | $1,300 | $1,775 | −$475 (-26.8%) |
| 1BR | $1,813 | $2,100 | −$287 (-13.7%) |
| 1BR | $1,798 | $2,100 | −$302 (-14.4%) |
| 2BR | $2,300 | $2,895 | −$595 (-20.6%) |
| 2BR | $3,052 | $2,895 | +$157 (+5.4%) |
| 3BR | $2,962 | $3,897 | −$935 (-24.0%) |
| 3BR | $2,964 | $3,897 | −$933 (-23.9%) |
| 4BR | $2,940 | $5,163 | −$2,222 (-43.1%) |
| 4BR | $4,125 | $5,163 | −$1,037 (-20.1%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.