Monthly Rent Report
South LA Rent Report — December 2023
Asking rents in ZIP 90062, Los Angeles, from 71 listings.
Median 1BR rent in South LA was $1,599 in December 2023, down 13.6% (−$251) from November 2023 and up 6.6% year-over-year. The middle half of 1BR listings asked between $1,599 and $1,599. That puts South LA $530 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 71 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,660 | −$140 (-7.8%) | +$315 (+23.4%) | $1,495 – $2,200 | 9 |
| Studio | $1,650 | −$150 (-8.3%) | +$305 (+22.7%) | $1,650 – $1,650 | 1 |
| 1BR | $1,599 | −$251 (-13.6%) | +$99 (+6.6%) | $1,599 – $1,599 | 3 |
| 1BR | $1,599 | −$251 (-13.6%) | +$99 (+6.6%) | $1,599 – $1,599 | 2 |
| 2BR | $2,595 | −$280 (-9.7%) | +$45 (+1.8%) | $2,595 – $2,595 | 1 |
| 2BR | $2,675 | −$200 (-7.0%) | +$125 (+4.9%) | $2,400 – $2,950 | 14 |
| 3BR | $3,950 | −$50 (-1.3%) | +$250 (+6.8%) | $3,950 – $3,950 | 1 |
| 3BR | $2,999 | −$1,001 (-25.0%) | −$701 (-18.9%) | $2,999 – $4,050 | 7 |
| 4BR | $2,940 | $0 (0.0%) | −$310 (-9.5%) | $2,940 – $3,895 | 28 |
| 4BR | $3,000 | +$60 (+2.0%) | −$250 (-7.7%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — December 2023
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,660 | $1,750 | −$90 (-5.1%) |
| Studio | $1,650 | $1,750 | −$100 (-5.7%) |
| 1BR | $1,599 | $2,129 | −$530 (-24.9%) |
| 1BR | $1,599 | $2,129 | −$530 (-24.9%) |
| 2BR | $2,595 | $2,795 | −$200 (-7.2%) |
| 2BR | $2,675 | $2,795 | −$120 (-4.3%) |
| 3BR | $3,950 | $3,923 | +$28 (+0.7%) |
| 3BR | $2,999 | $3,923 | −$923 (-23.5%) |
| 4BR | $2,940 | $4,750 | −$1,810 (-38.1%) |
| 4BR | $3,000 | $4,750 | −$1,750 (-36.8%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.