Monthly Rent Report
Downtown Rent Report — August 2021
Asking rents in ZIP 90012, Los Angeles, from 392 listings.
Median 1BR rent in Downtown was $2,578 in August 2021, up 3.6% (+$90) from July 2021 and up 11.8% year-over-year. The middle half of 1BR listings asked between $2,557 and $2,618. That puts Downtown $716 above the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 392 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,175 | +$90 (+4.3%) | +$221 (+11.3%) | $2,170 – $2,185 | 3 |
| Studio | $2,197 | +$112 (+5.4%) | +$243 (+12.4%) | $2,063 – $2,515 | 51 |
| 1BR | $2,578 | +$90 (+3.6%) | +$272 (+11.8%) | $2,557 – $2,618 | 13 |
| 1BR | $2,554 | +$66 (+2.6%) | +$248 (+10.7%) | $2,317 – $2,760 | 122 |
| 2BR | $3,254 | +$104 (+3.3%) | +$450 (+16.0%) | $2,817 – $3,534 | 138 |
| 2BR | $3,852 | +$702 (+22.3%) | +$1,048 (+37.4%) | $3,352 – $4,050 | 9 |
| 3BR | $4,427 | −$3,523 (-44.3%) | +$828 (+23.0%) | $4,173 – $4,820 | 55 |
| 3BR | $3,150 | −$4,800 (-60.4%) | −$449 (-12.5%) | $3,150 – $3,150 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — August 2021
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,175 | $1,549 | +$627 (+40.5%) |
| Studio | $2,197 | $1,549 | +$649 (+41.9%) |
| 1BR | $2,578 | $1,863 | +$716 (+38.4%) |
| 1BR | $2,554 | $1,863 | +$691 (+37.1%) |
| 2BR | $3,254 | $2,680 | +$574 (+21.4%) |
| 2BR | $3,852 | $2,680 | +$1,172 (+43.7%) |
| 3BR | $4,427 | $3,595 | +$832 (+23.1%) |
| 3BR | $3,150 | $3,595 | −$445 (-12.4%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.