Monthly Rent Report
South LA Rent Report — October 2024
Asking rents in ZIP 90062, Los Angeles, from 69 listings.
Median 1BR rent in South LA was $1,750 in October 2024, down 27.1% (−$650) from September 2024 and down 6.7% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts South LA $261 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 69 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,573 | +$78 (+5.2%) | +$178 (+12.7%) | $1,495 – $1,650 | 6 |
| 1BR | $1,750 | −$650 (-27.1%) | −$125 (-6.7%) | $1,750 – $1,750 | 1 |
| 1BR | $2,200 | −$200 (-8.3%) | +$325 (+17.3%) | $2,050 – $2,200 | 11 |
| 2BR | $2,410 | −$642 (-21.0%) | −$240 (-9.1%) | $2,410 – $2,410 | 11 |
| 2BR | $2,725 | −$327 (-10.7%) | +$75 (+2.8%) | $2,588 – $2,863 | 2 |
| 3BR | $3,695 | +$245 (+7.1%) | +$245 (+7.1%) | $3,200 – $3,775 | 19 |
| 3BR | $4,100 | +$650 (+18.8%) | +$650 (+18.8%) | $4,100 – $4,100 | 6 |
| 4BR | $4,000 | −$250 (-5.9%) | +$1,060 (+36.1%) | $3,825 – $4,200 | 8 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — October 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,573 | $1,700 | −$127 (-7.5%) |
| 1BR | $1,750 | $2,011 | −$261 (-13.0%) |
| 1BR | $2,200 | $2,011 | +$189 (+9.4%) |
| 2BR | $2,410 | $2,727 | −$317 (-11.6%) |
| 2BR | $2,725 | $2,727 | −$2 (-0.1%) |
| 3BR | $3,695 | $3,816 | −$121 (-3.2%) |
| 3BR | $4,100 | $3,816 | +$284 (+7.4%) |
| 4BR | $4,000 | $5,225 | −$1,225 (-23.4%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.