Monthly Rent Report
South LA Rent Report — July 2024
Asking rents in ZIP 90062, Los Angeles, from 92 listings.
Median 1BR rent in South LA was $1,885 in July 2024, down 0.8% (−$15) from June 2024 and up 4.7% year-over-year. The middle half of 1BR listings asked between $1,819 and $2,011. That puts South LA $210 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 92 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,132 | +$682 (+47.0%) | +$472 (+28.4%) | $2,132 – $2,132 | 3 |
| Studio | $1,579 | +$129 (+8.9%) | −$81 (-4.9%) | $1,450 – $1,579 | 5 |
| 1BR | $1,885 | −$15 (-0.8%) | +$85 (+4.7%) | $1,819 – $2,011 | 6 |
| 1BR | $1,695 | −$205 (-10.8%) | −$105 (-5.8%) | $1,695 – $1,695 | 1 |
| 2BR | $2,950 | +$650 (+28.3%) | $0 (0.0%) | $2,500 – $3,100 | 13 |
| 2BR | $2,500 | +$200 (+8.7%) | −$450 (-15.3%) | $2,500 – $2,500 | 1 |
| 3BR | $3,225 | +$300 (+10.3%) | +$300 (+10.3%) | $3,225 – $3,225 | 1 |
| 3BR | $2,745 | −$180 (-6.2%) | −$180 (-6.2%) | $2,045 – $2,925 | 43 |
| 4BR | $3,600 | −$95 (-2.6%) | −$195 (-5.1%) | $3,600 – $3,600 | 1 |
| 4BR | $2,940 | −$755 (-20.4%) | −$855 (-22.5%) | $2,940 – $2,940 | 16 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — July 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,132 | $1,778 | +$354 (+19.9%) |
| Studio | $1,579 | $1,778 | −$199 (-11.2%) |
| 1BR | $1,885 | $2,095 | −$210 (-10.0%) |
| 1BR | $1,695 | $2,095 | −$400 (-19.1%) |
| 2BR | $2,950 | $2,835 | +$115 (+4.1%) |
| 2BR | $2,500 | $2,835 | −$335 (-11.8%) |
| 3BR | $3,225 | $3,900 | −$675 (-17.3%) |
| 3BR | $2,745 | $3,900 | −$1,155 (-29.6%) |
| 4BR | $3,600 | $5,270 | −$1,670 (-31.7%) |
| 4BR | $2,940 | $5,270 | −$2,330 (-44.2%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.