Monthly Rent Report
South LA Rent Report — January 2024
Asking rents in ZIP 90062, Los Angeles, from 148 listings.
Median 1BR rent in South LA was $1,695 in January 2024, up 6.0% (+$96) from December 2023 and down 5.6% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts South LA $402 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 148 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,628 | −$22 (-1.4%) | +$33 (+2.0%) | $1,500 – $2,200 | 14 |
| Studio | $1,595 | −$55 (-3.3%) | $0 (0.0%) | $1,595 – $1,595 | 1 |
| 1BR | $1,695 | +$96 (+6.0%) | −$100 (-5.6%) | $1,695 – $1,695 | 1 |
| 1BR | $2,350 | +$751 (+47.0%) | +$555 (+30.9%) | $2,300 – $2,350 | 43 |
| 2BR | $2,905 | +$310 (+11.9%) | +$1,155 (+66.0%) | $2,590 – $3,220 | 2 |
| 2BR | $2,800 | +$205 (+7.9%) | +$1,050 (+60.0%) | $2,650 – $3,052 | 20 |
| 3BR | $3,650 | −$300 (-7.6%) | +$905 (+33.0%) | $3,650 – $3,650 | 2 |
| 3BR | $3,200 | −$750 (-19.0%) | +$455 (+16.6%) | $2,745 – $3,900 | 26 |
| 4BR | $4,000 | +$1,060 (+36.1%) | +$600 (+17.6%) | $3,900 – $4,075 | 26 |
| 4BR | $3,200 | +$260 (+8.8%) | −$200 (-5.9%) | $3,100 – $3,300 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — January 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,628 | $1,750 | −$122 (-7.0%) |
| Studio | $1,595 | $1,750 | −$155 (-8.9%) |
| 1BR | $1,695 | $2,097 | −$401 (-19.2%) |
| 1BR | $2,350 | $2,097 | +$254 (+12.1%) |
| 2BR | $2,905 | $2,795 | +$110 (+3.9%) |
| 2BR | $2,800 | $2,795 | +$5 (+0.2%) |
| 3BR | $3,650 | $3,950 | −$300 (-7.6%) |
| 3BR | $3,200 | $3,950 | −$750 (-19.0%) |
| 4BR | $4,000 | $5,200 | −$1,200 (-23.1%) |
| 4BR | $3,200 | $5,200 | −$2,000 (-38.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.