Monthly Rent Report
Downtown Rent Report — May 2022
Asking rents in ZIP 90012, Los Angeles, from 18 listings.
Median 1BR rent in Downtown was $2,700 in May 2022, up 11.6% (+$281) from April 2022 and down 11.2% year-over-year. The middle half of 1BR listings asked between $2,475 and $3,075. That puts Downtown $750 above the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 18 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,467 | −$1,283 (-34.2%) | +$365 (+17.3%) | $2,303 – $2,631 | 2 |
| 1BR | $2,700 | +$281 (+11.6%) | −$340 (-11.2%) | $2,475 – $3,075 | 3 |
| 1BR | $2,272 | −$148 (-6.1%) | −$768 (-25.3%) | $2,111 – $2,432 | 2 |
| 2BR | $3,703 | +$398 (+12.0%) | +$804 (+27.7%) | $3,201 – $4,270 | 4 |
| 3BR | $12,500 | +$9,500 (+316.7%) | +$9,005 (+257.7%) | $12,500 – $12,500 | 4 |
| 3BR | $4,110 | +$1,110 (+37.0%) | +$615 (+17.6%) | $4,107 – $4,137 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — May 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,467 | $1,620 | +$847 (+52.3%) |
| 1BR | $2,700 | $1,950 | +$750 (+38.5%) |
| 1BR | $2,272 | $1,950 | +$322 (+16.5%) |
| 2BR | $3,703 | $2,800 | +$903 (+32.2%) |
| 3BR | $12,500 | $3,995 | +$8,505 (+212.9%) |
| 3BR | $4,110 | $3,995 | +$115 (+2.9%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.