Monthly Rent Report
Downtown Rent Report — December 2024
Asking rents in ZIP 90012, Los Angeles, from 81 listings.
Median 1BR rent in Downtown was $2,199 in December 2024, down 2.2% (−$50) from November 2024 and up 1.0% year-over-year. The middle half of 1BR listings asked between $2,191 and $2,544. That puts Downtown $132 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 81 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,266 | −$9 (-0.4%) | +$34 (+1.5%) | $2,125 – $2,325 | 7 |
| Studio | $1,495 | −$780 (-34.3%) | −$737 (-33.0%) | $1,495 – $1,495 | 1 |
| 1BR | $2,199 | −$50 (-2.2%) | +$21 (+1.0%) | $2,191 – $2,544 | 10 |
| 1BR | $1,950 | −$299 (-13.3%) | −$228 (-10.5%) | $1,950 – $2,252 | 16 |
| 2BR | $2,750 | −$305 (-10.0%) | +$54 (+2.0%) | $2,395 – $2,950 | 26 |
| 2BR | $2,896 | −$159 (-5.2%) | +$200 (+7.4%) | $2,769 – $3,221 | 10 |
| 3BR | $3,400 | −$2,600 (-43.3%) | −$378 (-10.0%) | $3,188 – $4,250 | 6 |
| 3BR | $4,700 | −$1,300 (-21.7%) | +$922 (+24.4%) | $4,700 – $4,700 | 2 |
| 4BR | $3,500 | −$290 (-7.7%) | −$675 (-16.2%) | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | −$290 (-7.7%) | −$675 (-16.2%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — December 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,266 | $1,725 | +$541 (+31.4%) |
| Studio | $1,495 | $1,725 | −$230 (-13.3%) |
| 1BR | $2,199 | $2,068 | +$132 (+6.4%) |
| 1BR | $1,950 | $2,068 | −$117 (-5.7%) |
| 2BR | $2,750 | $2,750 | $0 (0.0%) |
| 2BR | $2,896 | $2,750 | +$146 (+5.3%) |
| 3BR | $3,400 | $3,995 | −$595 (-14.9%) |
| 3BR | $4,700 | $3,995 | +$705 (+17.6%) |
| 4BR | $3,500 | $4,900 | −$1,400 (-28.6%) |
| 4BR | $3,500 | $4,900 | −$1,400 (-28.6%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.