Monthly Rent Report
Downtown Rent Report — January 2023
Asking rents in ZIP 90012, Los Angeles, from 685 listings.
Median 1BR rent in Downtown was $2,633 in January 2023, up 5.3% (+$133) from December 2022 and up 35.0% year-over-year. The middle half of 1BR listings asked between $2,418 and $2,965. That puts Downtown $508 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 685 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,138 | −$17 (-0.8%) | +$139 (+7.0%) | $2,020 – $2,268 | 23 |
| Studio | $2,159 | +$4 (+0.2%) | +$160 (+8.0%) | $2,030 – $2,344 | 149 |
| 1BR | $2,633 | +$133 (+5.3%) | +$683 (+35.0%) | $2,418 – $2,965 | 247 |
| 1BR | $2,563 | +$63 (+2.5%) | +$613 (+31.4%) | $2,382 – $3,395 | 18 |
| 2BR | $3,219 | +$119 (+3.8%) | +$719 (+28.8%) | $2,868 – $3,630 | 217 |
| 2BR | $3,164 | +$64 (+2.1%) | +$664 (+26.6%) | $3,103 – $6,203 | 7 |
| 3BR | $4,200 | −$44 (-1.0%) | −$105 (-2.5%) | $3,800 – $4,700 | 21 |
| 3BR | $2,795 | −$1,449 (-34.1%) | −$1,510 (-35.1%) | $2,795 – $2,795 | 1 |
| 4BR | $3,700 | +$250 (+7.2%) | — | $3,700 – $3,700 | 1 |
| 4BR | $3,700 | +$250 (+7.2%) | — | $3,700 – $3,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — January 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,138 | $1,795 | +$343 (+19.1%) |
| Studio | $2,159 | $1,795 | +$364 (+20.3%) |
| 1BR | $2,633 | $2,125 | +$508 (+23.9%) |
| 1BR | $2,563 | $2,125 | +$438 (+20.6%) |
| 2BR | $3,219 | $2,861 | +$358 (+12.5%) |
| 2BR | $3,164 | $2,861 | +$303 (+10.6%) |
| 3BR | $4,200 | $3,848 | +$353 (+9.2%) |
| 3BR | $2,795 | $3,848 | −$1,052 (-27.4%) |
| 4BR | $3,700 | $5,000 | −$1,299 (-26.0%) |
| 4BR | $3,700 | $5,000 | −$1,299 (-26.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.