Monthly Rent Report
Downtown Rent Report — June 2022
Asking rents in ZIP 90012, Los Angeles, from 24 listings.
Median 1BR rent in Downtown was $3,300 in June 2022, up 22.2% (+$600) from May 2022 and up 44.4% year-over-year. The middle half of 1BR listings asked between $3,299 and $3,300. That puts Downtown $1,304 above the Los Angeles citywide 1BR median of $1,996. The month's figures are based on 24 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,000 | +$1,533 (+62.1%) | +$2,089 (+109.3%) | $4,000 – $4,000 | 3 |
| Studio | $2,131 | −$336 (-13.6%) | +$220 (+11.5%) | $2,097 – $2,175 | 9 |
| 1BR | $3,300 | +$600 (+22.2%) | +$1,015 (+44.4%) | $3,299 – $3,300 | 2 |
| 2BR | $2,400 | −$1,302 (-35.2%) | +$5 (+0.2%) | $2,400 – $2,425 | 3 |
| 2BR | $3,175 | −$527 (-14.2%) | +$780 (+32.6%) | $3,175 – $3,585 | 3 |
| 3BR | $4,153 | +$43 (+1.0%) | +$1,503 (+56.7%) | $3,994 – $4,223 | 3 |
| 3BR | $3,500 | −$610 (-14.8%) | +$850 (+32.1%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — June 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,000 | $1,600 | +$2,400 (+150.0%) |
| Studio | $2,131 | $1,600 | +$531 (+33.2%) |
| 1BR | $3,300 | $1,996 | +$1,304 (+65.3%) |
| 2BR | $2,400 | $2,800 | −$400 (-14.3%) |
| 2BR | $3,175 | $2,800 | +$375 (+13.4%) |
| 3BR | $4,153 | $4,150 | +$3 (+0.1%) |
| 3BR | $3,500 | $4,150 | −$650 (-15.7%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in June 2022.