Monthly Rent Report
Downtown Rent Report — November 2024
Asking rents in ZIP 90012, Los Angeles, from 68 listings.
Median 1BR rent in Downtown was $2,419 in November 2024, down 36.3% (−$1,381) from October 2024 and up 10.0% year-over-year. The middle half of 1BR listings asked between $2,202 and $3,005. That puts Downtown $347 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 68 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,045 | −$156 (-7.1%) | −$87 (-4.1%) | $1,991 – $2,102 | 6 |
| Studio | $2,276 | +$75 (+3.4%) | +$144 (+6.7%) | $2,163 – $2,451 | 4 |
| 1BR | $2,419 | −$1,381 (-36.3%) | +$220 (+10.0%) | $2,202 – $3,005 | 15 |
| 1BR | $2,250 | −$1,550 (-40.8%) | +$51 (+2.3%) | $2,155 – $2,354 | 12 |
| 2BR | $3,055 | +$95 (+3.2%) | +$455 (+17.5%) | $3,000 – $3,339 | 23 |
| 2BR | $3,155 | +$195 (+6.6%) | +$555 (+21.3%) | $3,000 – $3,378 | 3 |
| 3BR | $6,000 | +$3,094 (+106.5%) | +$2,017 (+50.6%) | $6,000 – $6,000 | 2 |
| 3BR | $6,000 | +$3,094 (+106.5%) | +$2,017 (+50.6%) | $6,000 – $6,000 | 1 |
| 4BR | $3,790 | −$2,209 (-36.8%) | −$710 (-15.8%) | $3,790 – $3,790 | 1 |
| 4BR | $4,100 | −$1,899 (-31.7%) | −$400 (-8.9%) | $4,100 – $4,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — November 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,045 | $1,750 | +$295 (+16.8%) |
| Studio | $2,276 | $1,750 | +$526 (+30.0%) |
| 1BR | $2,419 | $2,073 | +$347 (+16.7%) |
| 1BR | $2,250 | $2,073 | +$177 (+8.5%) |
| 2BR | $3,055 | $2,850 | +$205 (+7.2%) |
| 2BR | $3,155 | $2,850 | +$305 (+10.7%) |
| 3BR | $6,000 | $3,895 | +$2,105 (+54.0%) |
| 3BR | $6,000 | $3,895 | +$2,105 (+54.0%) |
| 4BR | $3,790 | $5,220 | −$1,429 (-27.4%) |
| 4BR | $4,100 | $5,220 | −$1,119 (-21.4%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.