Monthly Rent Report
South LA Rent Report — April 2024
Asking rents in ZIP 90062, Los Angeles, from 289 listings.
Median 1BR rent in South LA was $2,300 in April 2024, up 4.5% (+$100) from March 2024 and up 24.3% year-over-year. The middle half of 1BR listings asked between $2,174 and $2,400. That puts South LA $205 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 289 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$200 (-11.8%) | −$165 (-9.9%) | $1,458 – $1,496 | 12 |
| Studio | $1,500 | −$195 (-11.5%) | −$160 (-9.6%) | $1,500 – $1,500 | 1 |
| 1BR | $2,300 | +$100 (+4.5%) | +$450 (+24.3%) | $2,174 – $2,400 | 52 |
| 1BR | $1,723 | −$477 (-21.7%) | −$127 (-6.9%) | $1,636 – $1,809 | 2 |
| 2BR | $2,950 | +$250 (+9.3%) | +$550 (+22.9%) | $2,700 – $3,175 | 31 |
| 2BR | $3,095 | +$395 (+14.6%) | +$695 (+29.0%) | $3,095 – $3,168 | 3 |
| 3BR | $2,745 | +$1,730 (+170.4%) | −$5 (-0.2%) | $2,045 – $2,925 | 67 |
| 3BR | $3,100 | +$2,085 (+205.4%) | +$350 (+12.7%) | $2,745 – $3,900 | 72 |
| 4BR | $3,815 | +$875 (+29.8%) | +$565 (+17.4%) | $3,815 – $3,815 | 1 |
| 4BR | $3,495 | +$555 (+18.9%) | +$245 (+7.5%) | $2,940 – $4,000 | 23 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — April 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,795 | −$300 (-16.7%) |
| Studio | $1,500 | $1,795 | −$295 (-16.4%) |
| 1BR | $2,300 | $2,095 | +$205 (+9.8%) |
| 1BR | $1,723 | $2,095 | −$372 (-17.8%) |
| 2BR | $2,950 | $2,833 | +$117 (+4.1%) |
| 2BR | $3,095 | $2,833 | +$262 (+9.3%) |
| 3BR | $2,745 | $3,950 | −$1,205 (-30.5%) |
| 3BR | $3,100 | $3,950 | −$850 (-21.5%) |
| 4BR | $3,815 | $4,999 | −$1,184 (-23.7%) |
| 4BR | $3,495 | $4,999 | −$1,504 (-30.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.