Monthly Rent Report
South LA Rent Report — October 2023
Asking rents in ZIP 90062, Los Angeles, from 141 listings.
Median 1BR rent in South LA was $1,813 in October 2023, down 3.8% (−$72) from September 2023 and down 13.5% year-over-year. The middle half of 1BR listings asked between $1,781 and $1,844. That puts South LA $185 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 141 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | +$5 (+0.3%) | −$1,000 (-40.0%) | $1,450 – $1,500 | 8 |
| Studio | $1,395 | −$100 (-6.7%) | −$1,105 (-44.2%) | $1,300 – $1,660 | 11 |
| 1BR | $1,813 | −$72 (-3.8%) | −$283 (-13.5%) | $1,781 – $1,844 | 2 |
| 1BR | $1,875 | −$10 (-0.5%) | −$221 (-10.5%) | $1,795 – $1,924 | 37 |
| 2BR | $2,675 | +$580 (+27.7%) | +$175 (+7.0%) | $2,600 – $2,950 | 32 |
| 2BR | $2,650 | +$555 (+26.5%) | +$150 (+6.0%) | $2,650 – $2,650 | 1 |
| 3BR | $3,550 | +$800 (+29.1%) | +$75 (+2.2%) | $3,550 – $3,550 | 7 |
| 3BR | $3,450 | +$700 (+25.5%) | −$25 (-0.7%) | $3,450 – $3,450 | 1 |
| 4BR | $3,800 | +$400 (+11.8%) | +$550 (+16.9%) | $3,800 – $3,995 | 9 |
| 4BR | $2,940 | −$460 (-13.5%) | −$310 (-9.5%) | $2,940 – $3,595 | 27 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — October 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,700 | −$200 (-11.8%) |
| Studio | $1,395 | $1,700 | −$305 (-17.9%) |
| 1BR | $1,813 | $1,998 | −$185 (-9.3%) |
| 1BR | $1,875 | $1,998 | −$122 (-6.1%) |
| 2BR | $2,675 | $2,750 | −$75 (-2.7%) |
| 2BR | $2,650 | $2,750 | −$100 (-3.6%) |
| 3BR | $3,550 | $4,195 | −$645 (-15.4%) |
| 3BR | $3,450 | $4,195 | −$745 (-17.8%) |
| 4BR | $3,800 | $5,275 | −$1,475 (-28.0%) |
| 4BR | $2,940 | $5,275 | −$2,335 (-44.3%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.