Monthly Rent Report
Downtown Rent Report — December 2022
Asking rents in ZIP 90012, Los Angeles, from 240 listings.
Median 1BR rent in Downtown was $2,500 in December 2022, down 30.0% (−$1,072) from November 2022 and down 4.1% year-over-year. The middle half of 1BR listings asked between $2,450 and $2,800. That puts Downtown $408 above the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 240 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,155 | −$112 (-4.9%) | −$565 (-20.8%) | $2,011 – $2,332 | 37 |
| Studio | $2,350 | +$83 (+3.7%) | −$370 (-13.6%) | $2,149 – $2,500 | 4 |
| 1BR | $2,500 | −$1,072 (-30.0%) | −$106 (-4.1%) | $2,450 – $2,800 | 3 |
| 1BR | $2,625 | −$947 (-26.5%) | +$19 (+0.7%) | $2,333 – $2,923 | 91 |
| 2BR | $3,100 | −$3,100 (-50.0%) | −$98 (-3.1%) | $2,928 – $3,485 | 72 |
| 2BR | $2,498 | −$3,702 (-59.7%) | −$701 (-21.9%) | $2,270 – $3,050 | 4 |
| 3BR | $3,602 | −$626 (-14.8%) | −$636 (-15.0%) | $2,900 – $4,300 | 7 |
| 3BR | $4,244 | +$16 (+0.4%) | +$6 (+0.1%) | $3,674 – $4,300 | 17 |
| 4BR | $3,450 | — | −$1,145 (-24.9%) | $3,450 – $3,625 | 3 |
| 4BR | $3,450 | — | −$1,145 (-24.9%) | $3,450 – $3,450 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — December 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,155 | $1,795 | +$360 (+20.1%) |
| Studio | $2,350 | $1,795 | +$555 (+30.9%) |
| 1BR | $2,500 | $2,093 | +$408 (+19.5%) |
| 1BR | $2,625 | $2,093 | +$533 (+25.4%) |
| 2BR | $3,100 | $2,795 | +$305 (+10.9%) |
| 2BR | $2,498 | $2,795 | −$297 (-10.6%) |
| 3BR | $3,602 | $4,145 | −$543 (-13.1%) |
| 3BR | $4,244 | $4,145 | +$99 (+2.4%) |
| 4BR | $3,450 | $4,998 | −$1,547 (-31.0%) |
| 4BR | $3,450 | $4,998 | −$1,547 (-31.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.