Monthly Rent Report
South LA Rent Report — November 2023
Asking rents in ZIP 90062, Los Angeles, from 40 listings.
Median 1BR rent in South LA was $1,850 in November 2023, up 2.1% (+$38) from October 2023 and down 2.4% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts South LA $275 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 40 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$300 (+20.0%) | +$455 (+33.8%) | $1,800 – $1,800 | 4 |
| Studio | $1,800 | +$300 (+20.0%) | +$455 (+33.8%) | $1,800 – $1,800 | 4 |
| 1BR | $1,850 | +$38 (+2.1%) | −$45 (-2.4%) | $1,850 – $1,850 | 1 |
| 1BR | $1,650 | −$162 (-9.0%) | −$245 (-12.9%) | $1,550 – $1,750 | 4 |
| 2BR | $2,875 | +$225 (+8.5%) | +$725 (+33.7%) | $2,838 – $2,913 | 2 |
| 2BR | $3,100 | +$450 (+17.0%) | +$950 (+44.2%) | $3,100 – $3,100 | 3 |
| 3BR | $3,330 | −$120 (-3.5%) | −$665 (-16.6%) | $3,330 – $3,330 | 1 |
| 3BR | $4,000 | +$550 (+15.9%) | +$5 (+0.1%) | $4,000 – $4,000 | 1 |
| 4BR | $3,400 | +$460 (+15.6%) | +$150 (+4.6%) | $3,400 – $3,400 | 1 |
| 4BR | $2,940 | $0 (0.0%) | −$310 (-9.5%) | $2,940 – $3,450 | 19 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — November 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,775 | +$25 (+1.4%) |
| Studio | $1,800 | $1,775 | +$25 (+1.4%) |
| 1BR | $1,850 | $2,125 | −$275 (-12.9%) |
| 1BR | $1,650 | $2,125 | −$475 (-22.4%) |
| 2BR | $2,875 | $2,795 | +$80 (+2.9%) |
| 2BR | $3,100 | $2,795 | +$305 (+10.9%) |
| 3BR | $3,330 | $3,950 | −$620 (-15.7%) |
| 3BR | $4,000 | $3,950 | +$50 (+1.3%) |
| 4BR | $3,400 | $4,994 | −$1,594 (-31.9%) |
| 4BR | $2,940 | $4,994 | −$2,054 (-41.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.