Monthly Rent Report
South LA Rent Report — June 2024
Asking rents in ZIP 90062, Los Angeles, from 283 listings.
Median 1BR rent in South LA was $1,900 in June 2024, up 1.3% (+$25) from May 2024 and up 18.8% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts South LA $200 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 283 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$200 (-11.8%) | −$205 (-12.1%) | $1,345 – $1,670 | 16 |
| Studio | $1,450 | −$245 (-14.5%) | −$250 (-14.7%) | $1,450 – $1,450 | 1 |
| 1BR | $1,900 | +$25 (+1.3%) | +$300 (+18.8%) | $1,900 – $1,900 | 3 |
| 1BR | $2,095 | +$220 (+11.7%) | +$495 (+30.9%) | $1,896 – $2,200 | 74 |
| 2BR | $2,300 | −$549 (-19.3%) | −$250 (-9.8%) | $2,300 – $2,300 | 1 |
| 2BR | $2,800 | −$49 (-1.7%) | +$250 (+9.8%) | $2,800 – $2,800 | 1 |
| 3BR | $3,000 | +$75 (+2.6%) | +$255 (+9.3%) | $3,000 – $3,000 | 3 |
| 3BR | $2,925 | $0 (0.0%) | +$180 (+6.6%) | $2,745 – $3,663 | 114 |
| 4BR | $3,318 | +$378 (+12.8%) | +$68 (+2.1%) | $2,940 – $3,900 | 38 |
| 4BR | $3,695 | +$755 (+25.7%) | +$445 (+13.7%) | $3,695 – $3,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — June 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,759 | −$264 (-15.0%) |
| Studio | $1,450 | $1,759 | −$309 (-17.6%) |
| 1BR | $1,900 | $2,100 | −$200 (-9.5%) |
| 1BR | $2,095 | $2,100 | −$5 (-0.2%) |
| 2BR | $2,300 | $2,885 | −$585 (-20.3%) |
| 2BR | $2,800 | $2,885 | −$85 (-2.9%) |
| 3BR | $3,000 | $3,900 | −$900 (-23.1%) |
| 3BR | $2,925 | $3,900 | −$975 (-25.0%) |
| 4BR | $3,318 | $5,000 | −$1,682 (-33.7%) |
| 4BR | $3,695 | $5,000 | −$1,305 (-26.1%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.