Monthly Rent Report
South LA Rent Report — December 2024
Asking rents in ZIP 90062, Los Angeles, from 77 listings.
Median 1BR rent in South LA was $975 in December 2024, down 2.5% (−$25) from November 2024 and down 39.0% year-over-year. The middle half of 1BR listings asked between $975 and $975. That puts South LA $1,093 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 77 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,132 | +$537 (+33.7%) | +$472 (+28.4%) | $2,000 – $2,132 | 10 |
| Studio | $1,200 | −$395 (-24.8%) | −$460 (-27.7%) | $1,200 – $1,200 | 1 |
| 1BR | $975 | −$25 (-2.5%) | −$624 (-39.0%) | $975 – $975 | 1 |
| 1BR | $1,950 | +$950 (+95.0%) | +$351 (+22.0%) | $1,750 – $2,000 | 21 |
| 2BR | $2,940 | −$760 (-20.5%) | +$345 (+13.3%) | $2,800 – $2,985 | 12 |
| 2BR | $2,385 | −$1,315 (-35.5%) | −$210 (-8.1%) | $2,385 – $2,385 | 1 |
| 3BR | $3,050 | −$950 (-23.8%) | +$51 (+1.7%) | $2,775 – $3,325 | 2 |
| 3BR | $3,600 | −$400 (-10.0%) | +$601 (+20.0%) | $3,595 – $3,900 | 25 |
| 4BR | $3,750 | −$250 (-6.3%) | +$810 (+27.6%) | $3,750 – $3,750 | 1 |
| 4BR | $3,750 | −$250 (-6.3%) | +$810 (+27.6%) | $3,750 – $3,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
South LA vs. Los Angeles — December 2024
| Bedrooms | South LA Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,132 | $1,725 | +$407 (+23.6%) |
| Studio | $1,200 | $1,725 | −$525 (-30.4%) |
| 1BR | $975 | $2,068 | −$1,092 (-52.8%) |
| 1BR | $1,950 | $2,068 | −$117 (-5.7%) |
| 2BR | $2,940 | $2,750 | +$190 (+6.9%) |
| 2BR | $2,385 | $2,750 | −$365 (-13.3%) |
| 3BR | $3,050 | $3,995 | −$945 (-23.7%) |
| 3BR | $3,600 | $3,995 | −$395 (-9.9%) |
| 4BR | $3,750 | $4,900 | −$1,150 (-23.5%) |
| 4BR | $3,750 | $4,900 | −$1,150 (-23.5%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.