Monthly Rent Report
Downtown Rent Report — November 2022
Asking rents in ZIP 90012, Los Angeles, from 274 listings.
Median 1BR rent in Downtown was $2,200 in November 2022, down 33.3% (−$1,100) from October 2022 and down 11.0% year-over-year. The middle half of 1BR listings asked between $1,896 and $2,650. That puts Downtown $134 above the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 274 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,267 | −$695 (-23.5%) | +$285 (+14.4%) | $2,173 – $2,394 | 175 |
| Studio | $2,875 | −$87 (-3.0%) | +$893 (+45.1%) | $2,238 – $2,995 | 17 |
| 1BR | $2,200 | −$1,100 (-33.3%) | −$273 (-11.0%) | $1,896 – $2,650 | 6 |
| 1BR | $3,573 | +$273 (+8.3%) | +$1,100 (+44.5%) | $2,483 – $3,784 | 22 |
| 2BR | $6,200 | +$3,400 (+121.4%) | +$2,857 (+85.5%) | $4,348 – $6,200 | 3 |
| 2BR | $6,623 | +$3,823 (+136.5%) | +$3,280 (+98.1%) | $3,970 – $7,250 | 16 |
| 3BR | $4,229 | −$547 (-11.5%) | −$371 (-8.1%) | $3,869 – $4,789 | 34 |
| 3BR | $19,000 | +$14,224 (+297.8%) | +$14,400 (+313.0%) | $19,000 – $19,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — November 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,267 | $1,695 | +$572 (+33.7%) |
| Studio | $2,875 | $1,695 | +$1,180 (+69.6%) |
| 1BR | $2,200 | $2,066 | +$134 (+6.5%) |
| 1BR | $3,573 | $2,066 | +$1,506 (+72.9%) |
| 2BR | $6,200 | $2,873 | +$3,328 (+115.8%) |
| 2BR | $6,623 | $2,873 | +$3,750 (+130.5%) |
| 3BR | $4,229 | $3,700 | +$529 (+14.3%) |
| 3BR | $19,000 | $3,700 | +$15,300 (+413.5%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.