Monthly Rent Report
South LA Rent Report — September 2024
Asking rents in ZIP 90062, Los Angeles, from 88 listings.
Median 1BR rent in South LA was $2,400 in September 2024, up 33.3% (+$600) from August 2024 and up 20.3% year-over-year. The middle half of 1BR listings asked between $2,400 and $2,400. That puts South LA $402 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 88 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$150 (+11.2%) | +$198 (+15.2%) | $1,420 – $1,611 | 6 |
| 1BR | $2,400 | +$600 (+33.3%) | +$405 (+20.3%) | $2,400 – $2,400 | 2 |
| 1BR | $1,895 | +$95 (+5.3%) | −$100 (-5.0%) | $1,895 – $1,895 | 1 |
| 2BR | $3,052 | −$33 (-1.1%) | +$452 (+17.4%) | $3,052 – $3,052 | 1 |
| 3BR | $3,450 | −$300 (-8.0%) | +$700 (+25.5%) | $2,925 – $3,650 | 49 |
| 4BR | $4,250 | +$2,750 (+183.3%) | +$380 (+9.8%) | $4,050 – $4,406 | 18 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — September 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,755 | −$260 (-14.8%) |
| 1BR | $2,400 | $1,999 | +$402 (+20.1%) |
| 1BR | $1,895 | $1,999 | −$103 (-5.2%) |
| 2BR | $3,052 | $2,795 | +$257 (+9.2%) |
| 3BR | $3,450 | $3,850 | −$400 (-10.4%) |
| 4BR | $4,250 | $4,995 | −$745 (-14.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.