Monthly Rent Report

Downtown Rent Report — April 2021

Asking rents in ZIP 90012, Los Angeles, from 810 listings.

Median 1BR rent in Downtown was $2,216 in April 2021, up 6.6% (+$138) from March 2021 and down 8.4% year-over-year. The middle half of 1BR listings asked between $2,065 and $2,405. That puts Downtown $421 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 810 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2021Vs. April 2020P25–P75 RangeListings
Studio$1,961+$120 (+6.5%)−$88 (-4.3%)$1,834 – $2,125117
Studio$1,938+$97 (+5.3%)−$111 (-5.4%)$1,881 – $1,9866
1BR$2,216+$138 (+6.6%)−$204 (-8.4%)$2,065 – $2,405236
1BR$2,389+$311 (+15.0%)−$31 (-1.3%)$2,204 – $2,46619
2BR$2,950−$125 (-4.1%)−$155 (-5.0%)$2,739 – $3,130351
2BR$2,882−$193 (-6.3%)−$223 (-7.2%)$2,795 – $3,03617
3BR$3,575−$310 (-8.0%)−$345 (-8.8%)$3,575 – $3,5751
3BR$3,609−$276 (-7.1%)−$311 (-7.9%)$3,528 – $3,69058
4BR$3,623+$328 (+9.9%)−$2,377 (-39.6%)$3,295 – $3,9504
4BR$2,295−$1,000 (-30.3%)−$3,705 (-61.8%)$2,295 – $2,2951

Median, P25, and P75 are asking rents from listings posted in April 2021. Changes compare against the nearest prior month with data.

Downtown vs. Los AngelesApril 2021

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$1,961$1,495+$466 (+31.2%)
Studio$1,938$1,495+$443 (+29.6%)
1BR$2,216$1,795+$421 (+23.5%)
1BR$2,389$1,795+$594 (+33.1%)
2BR$2,950$2,385+$565 (+23.7%)
2BR$2,882$2,385+$497 (+20.8%)
3BR$3,575$3,295+$280 (+8.5%)
3BR$3,609$3,295+$314 (+9.5%)
4BR$3,623$3,873−$250 (-6.5%)
4BR$2,295$3,873−$1,577 (-40.7%)

Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in April 2021.

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