Monthly Rent Report
South LA Rent Report — September 2023
Asking rents in ZIP 90062, Los Angeles, from 46 listings.
Median 1BR rent in South LA was $1,885 in September 2023, up 4.8% (+$87) from August 2023 and up 11.0% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,895. That puts South LA $115 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 46 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,298 | −$2 (-0.2%) | −$362 (-21.8%) | $1,199 – $1,396 | 2 |
| Studio | $1,495 | +$195 (+15.0%) | −$165 (-9.9%) | $1,420 – $1,495 | 3 |
| 1BR | $1,885 | +$87 (+4.8%) | +$187 (+11.0%) | $1,750 – $1,895 | 10 |
| 1BR | $1,995 | +$197 (+11.0%) | +$297 (+17.5%) | $1,995 – $1,995 | 1 |
| 2BR | $2,095 | −$205 (-8.9%) | −$550 (-20.8%) | $2,095 – $2,095 | 1 |
| 2BR | $2,600 | +$300 (+13.0%) | −$45 (-1.7%) | $2,598 – $2,600 | 7 |
| 3BR | $2,045 | −$917 (-31.0%) | −$555 (-21.3%) | $2,045 – $2,925 | 15 |
| 3BR | $2,750 | −$212 (-7.2%) | +$150 (+5.8%) | $2,750 – $2,750 | 1 |
| 4BR | $3,870 | +$930 (+31.6%) | +$620 (+19.1%) | $3,405 – $4,335 | 2 |
| 4BR | $3,400 | +$460 (+15.6%) | +$150 (+4.6%) | $3,400 – $3,750 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — September 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,298 | $1,795 | −$497 (-27.7%) |
| Studio | $1,495 | $1,795 | −$300 (-16.7%) |
| 1BR | $1,885 | $2,000 | −$115 (-5.8%) |
| 1BR | $1,995 | $2,000 | −$5 (-0.3%) |
| 2BR | $2,095 | $2,750 | −$655 (-23.8%) |
| 2BR | $2,600 | $2,750 | −$150 (-5.5%) |
| 3BR | $2,045 | $3,948 | −$1,902 (-48.2%) |
| 3BR | $2,750 | $3,948 | −$1,197 (-30.3%) |
| 4BR | $3,870 | $5,000 | −$1,130 (-22.6%) |
| 4BR | $3,400 | $5,000 | −$1,600 (-32.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.