Monthly Rent Report
Downtown Rent Report — May 2021
Asking rents in ZIP 90012, Los Angeles, from 338 listings.
Median 1BR rent in Downtown was $3,040 in May 2021, up 27.2% (+$651) from April 2021 and up 32.2% year-over-year. The middle half of 1BR listings asked between $3,040 and $3,040. That puts Downtown $1,242 above the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 338 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,103 | +$165 (+8.5%) | +$153 (+7.8%) | $1,933 – $2,124 | 62 |
| Studio | $1,871 | −$67 (-3.5%) | −$79 (-4.1%) | $1,818 – $1,993 | 7 |
| 1BR | $3,040 | +$651 (+27.2%) | +$740 (+32.2%) | $3,040 – $3,040 | 1 |
| 1BR | $2,162 | −$227 (-9.5%) | −$138 (-6.0%) | $2,108 – $2,257 | 14 |
| 2BR | $3,004 | +$54 (+1.8%) | −$896 (-23.0%) | $2,901 – $3,174 | 11 |
| 2BR | $2,899 | −$51 (-1.7%) | −$1,001 (-25.7%) | $2,700 – $3,280 | 177 |
| 3BR | $3,495 | −$114 (-3.2%) | +$30 (+0.9%) | $3,455 – $3,945 | 59 |
| 3BR | $3,150 | −$459 (-12.7%) | −$315 (-9.1%) | $3,150 – $3,150 | 1 |
| 4BR | $3,295 | −$327 (-9.0%) | — | $3,295 – $3,295 | 1 |
| 4BR | $3,295 | −$327 (-9.0%) | — | $3,295 – $3,295 | 5 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — May 2021
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,103 | $1,521 | +$582 (+38.3%) |
| Studio | $1,871 | $1,521 | +$350 (+23.0%) |
| 1BR | $3,040 | $1,798 | +$1,242 (+69.1%) |
| 1BR | $2,162 | $1,798 | +$364 (+20.2%) |
| 2BR | $3,004 | $2,450 | +$554 (+22.6%) |
| 2BR | $2,899 | $2,450 | +$449 (+18.3%) |
| 3BR | $3,495 | $3,295 | +$200 (+6.1%) |
| 3BR | $3,150 | $3,295 | −$145 (-4.4%) |
| 4BR | $3,295 | $3,990 | −$695 (-17.4%) |
| 4BR | $3,295 | $3,990 | −$695 (-17.4%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.