Monthly Rent Report
Downtown Rent Report — March 2021
Asking rents in ZIP 90012, Los Angeles, from 490 listings.
Median 1BR rent in Downtown was $2,078 in March 2021, down 8.1% (−$182) from February 2021. The middle half of 1BR listings asked between $2,018 and $2,400. That puts Downtown $283 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 490 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,841 | −$159 (-8.0%) | — | $1,767 – $1,931 | 14 |
| Studio | $1,854 | −$146 (-7.3%) | — | $1,774 – $1,999 | 66 |
| 1BR | $2,078 | −$182 (-8.1%) | — | $2,018 – $2,400 | 32 |
| 1BR | $2,198 | −$62 (-2.8%) | — | $2,012 – $2,331 | 156 |
| 2BR | $3,162 | +$187 (+6.3%) | — | $3,039 – $3,787 | 15 |
| 2BR | $3,075 | +$100 (+3.4%) | — | $2,792 – $3,234 | 164 |
| 3BR | $2,700 | −$925 (-25.5%) | — | $2,700 – $2,775 | 3 |
| 3BR | $3,885 | +$260 (+7.2%) | — | $3,679 – $3,975 | 38 |
| 4BR | $3,295 | — | — | $3,295 – $3,295 | 1 |
| 4BR | $3,295 | — | — | $3,295 – $3,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — March 2021
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,841 | $1,500 | +$341 (+22.7%) |
| Studio | $1,854 | $1,500 | +$354 (+23.6%) |
| 1BR | $2,078 | $1,795 | +$283 (+15.8%) |
| 1BR | $2,198 | $1,795 | +$403 (+22.4%) |
| 2BR | $3,162 | $2,450 | +$712 (+29.1%) |
| 2BR | $3,075 | $2,450 | +$625 (+25.5%) |
| 3BR | $2,700 | $3,375 | −$675 (-20.0%) |
| 3BR | $3,885 | $3,375 | +$510 (+15.1%) |
| 4BR | $3,295 | $3,800 | −$505 (-13.3%) |
| 4BR | $3,295 | $3,800 | −$505 (-13.3%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in March 2021.