Monthly Rent Report
Downtown Rent Report — October 2022
Asking rents in ZIP 90012, Los Angeles, from 75 listings.
Median 1BR rent in Downtown was $3,300 in October 2022, down 5.6% (−$195) from September 2022 and up 33.0% year-over-year. The middle half of 1BR listings asked between $2,656 and $3,595. That puts Downtown $1,204 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 75 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,963 | −$3,737 (-55.8%) | +$947 (+47.0%) | $2,472 – $3,431 | 4 |
| Studio | $2,215 | −$4,485 (-66.9%) | +$199 (+9.9%) | $2,126 – $2,336 | 44 |
| 1BR | $3,300 | −$195 (-5.6%) | +$818 (+33.0%) | $2,656 – $3,595 | 13 |
| 1BR | $2,923 | −$572 (-16.4%) | +$441 (+17.7%) | $2,909 – $2,936 | 2 |
| 2BR | $2,800 | −$700 (-20.0%) | −$496 (-15.0%) | $2,800 – $2,800 | 1 |
| 2BR | $7,476 | +$3,976 (+113.6%) | +$4,180 (+126.8%) | $4,964 – $9,988 | 2 |
| 3BR | $4,776 | −$3,774 (-44.1%) | −$2,144 (-31.0%) | $4,615 – $4,996 | 4 |
| 3BR | $5,895 | −$2,655 (-31.1%) | −$1,025 (-14.8%) | $4,923 – $5,895 | 3 |
| 4BR | $4,700 | −$800 (-14.5%) | −$50 (-1.1%) | $4,700 – $4,700 | 1 |
| 4BR | $4,700 | −$800 (-14.5%) | −$50 (-1.1%) | $4,700 – $4,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — October 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,963 | $1,795 | +$1,168 (+65.0%) |
| Studio | $2,215 | $1,795 | +$420 (+23.4%) |
| 1BR | $3,300 | $2,096 | +$1,204 (+57.4%) |
| 1BR | $2,923 | $2,096 | +$827 (+39.4%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 2BR | $7,476 | $2,900 | +$4,576 (+157.8%) |
| 3BR | $4,776 | $3,948 | +$829 (+21.0%) |
| 3BR | $5,895 | $3,948 | +$1,948 (+49.3%) |
| 4BR | $4,700 | $4,838 | −$137 (-2.8%) |
| 4BR | $4,700 | $4,838 | −$137 (-2.8%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.