Monthly Rent Report
Downtown Rent Report — August 2022
Asking rents in ZIP 90012, Los Angeles, from 520 listings.
Median 1BR rent in Downtown was $3,703 in August 2022, down 16.1% (−$713) from July 2022 and up 43.6% year-over-year. The middle half of 1BR listings asked between $3,195 and $4,669. That puts Downtown $1,608 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 520 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,335 | −$160 (-6.4%) | +$160 (+7.4%) | $2,196 – $2,440 | 103 |
| Studio | $2,975 | +$480 (+19.2%) | +$800 (+36.8%) | $2,513 – $3,438 | 2 |
| 1BR | $3,703 | −$713 (-16.1%) | +$1,125 (+43.6%) | $3,195 – $4,669 | 30 |
| 1BR | $2,725 | −$1,690 (-38.3%) | +$147 (+5.7%) | $2,532 – $2,925 | 195 |
| 2BR | $2,195 | $0 (0.0%) | −$1,058 (-32.5%) | $2,195 – $2,195 | 1 |
| 2BR | $3,515 | +$1,320 (+60.1%) | +$262 (+8.0%) | $3,243 – $3,713 | 167 |
| 3BR | $4,165 | −$6,085 (-59.4%) | +$1,015 (+32.2%) | $4,105 – $4,392 | 15 |
| 3BR | $4,165 | −$6,085 (-59.4%) | +$1,015 (+32.2%) | $4,085 – $4,382 | 7 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — August 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,335 | $1,773 | +$563 (+31.7%) |
| Studio | $2,975 | $1,773 | +$1,203 (+67.8%) |
| 1BR | $3,703 | $2,095 | +$1,608 (+76.7%) |
| 1BR | $2,725 | $2,095 | +$630 (+30.1%) |
| 2BR | $2,195 | $2,880 | −$685 (-23.8%) |
| 2BR | $3,515 | $2,880 | +$635 (+22.0%) |
| 3BR | $4,165 | $3,795 | +$370 (+9.7%) |
| 3BR | $4,165 | $3,795 | +$370 (+9.7%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.