Monthly Rent Report
South LA Rent Report — November 2024
Asking rents in ZIP 90062, Los Angeles, from 54 listings.
Median 1BR rent in South LA was $1,000 in November 2024, down 54.5% (−$1,200) from October 2024 and down 45.9% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts South LA $1,073 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 54 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | +$23 (+1.4%) | −$205 (-11.4%) | $1,500 – $1,950 | 9 |
| 1BR | $1,000 | −$1,200 (-54.5%) | −$850 (-45.9%) | $1,000 – $1,000 | 1 |
| 1BR | $2,000 | −$200 (-9.1%) | +$150 (+8.1%) | $1,750 – $2,000 | 13 |
| 2BR | $3,700 | +$975 (+35.8%) | +$600 (+19.4%) | $2,500 – $3,850 | 9 |
| 2BR | $3,775 | +$1,050 (+38.5%) | +$675 (+21.8%) | $3,738 – $3,813 | 2 |
| 3BR | $3,600 | −$500 (-12.2%) | +$270 (+8.1%) | $3,600 – $3,600 | 1 |
| 3BR | $4,000 | −$100 (-2.4%) | +$670 (+20.1%) | $4,000 – $4,000 | 9 |
| 4BR | $4,000 | $0 (0.0%) | +$600 (+17.6%) | $3,950 – $4,150 | 7 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — November 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,750 | −$155 (-8.9%) |
| 1BR | $1,000 | $2,073 | −$1,072 (-51.7%) |
| 1BR | $2,000 | $2,073 | −$72 (-3.5%) |
| 2BR | $3,700 | $2,850 | +$850 (+29.8%) |
| 2BR | $3,775 | $2,850 | +$925 (+32.5%) |
| 3BR | $3,600 | $3,895 | −$295 (-7.6%) |
| 3BR | $4,000 | $3,895 | +$105 (+2.7%) |
| 4BR | $4,000 | $5,220 | −$1,219 (-23.4%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.