Monthly Rent Report
Downtown Rent Report — July 2021
Asking rents in ZIP 90012, Los Angeles, from 470 listings.
Median 1BR rent in Downtown was $2,488 in July 2021, up 8.9% (+$203) from June 2021 and up 10.8% year-over-year. The middle half of 1BR listings asked between $2,312 and $2,606. That puts Downtown $643 above the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 470 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,085 | +$174 (+9.1%) | +$144 (+7.4%) | $1,995 – $2,424 | 76 |
| Studio | $1,949 | +$38 (+2.0%) | +$8 (+0.4%) | $1,929 – $1,995 | 9 |
| 1BR | $2,488 | +$203 (+8.9%) | +$243 (+10.8%) | $2,312 – $2,606 | 27 |
| 1BR | $2,411 | +$126 (+5.5%) | +$166 (+7.4%) | $2,290 – $2,653 | 159 |
| 2BR | $3,150 | +$755 (+31.5%) | +$225 (+7.7%) | $2,689 – $3,555 | 183 |
| 2BR | $3,313 | +$918 (+38.3%) | +$388 (+13.3%) | $3,127 – $3,680 | 12 |
| 3BR | $7,950 | +$3,517 (+79.3%) | +$4,350 (+120.8%) | $7,950 – $7,950 | 1 |
| 3BR | $2,650 | −$1,783 (-40.2%) | −$950 (-26.4%) | $2,650 – $2,650 | 1 |
| 4BR | $3,195 | −$327 (-9.3%) | — | $3,195 – $3,195 | 1 |
| 4BR | $3,195 | −$327 (-9.3%) | — | $3,195 – $3,195 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — July 2021
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,085 | $1,525 | +$560 (+36.7%) |
| Studio | $1,949 | $1,525 | +$424 (+27.8%) |
| 1BR | $2,488 | $1,845 | +$643 (+34.9%) |
| 1BR | $2,411 | $1,845 | +$566 (+30.7%) |
| 2BR | $3,150 | $2,529 | +$622 (+24.6%) |
| 2BR | $3,313 | $2,529 | +$785 (+31.0%) |
| 3BR | $7,950 | $3,338 | +$4,613 (+138.2%) |
| 3BR | $2,650 | $3,338 | −$687 (-20.6%) |
| 4BR | $3,195 | $3,995 | −$800 (-20.0%) |
| 4BR | $3,195 | $3,995 | −$800 (-20.0%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.