Monthly Rent Report
Downtown Rent Report — March 2023
Asking rents in ZIP 90013, Los Angeles, from 484 listings.
Median 1BR rent in Downtown was $2,313 in March 2023, down 13.1% (−$350) from February 2023 and down 68.7% year-over-year. The middle half of 1BR listings asked between $2,275 and $2,993. That puts Downtown $216 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 484 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,075 | −$343 (-14.2%) | +$328 (+18.8%) | $1,994 – $2,119 | 6 |
| Studio | $2,320 | −$99 (-4.1%) | +$573 (+32.8%) | $2,150 – $2,587 | 134 |
| 1BR | $2,313 | −$350 (-13.1%) | −$5,082 (-68.7%) | $2,275 – $2,993 | 4 |
| 1BR | $2,610 | −$52 (-2.0%) | −$4,785 (-64.7%) | $2,338 – $3,059 | 234 |
| 2BR | $2,625 | −$847 (-24.4%) | −$225 (-7.9%) | $2,488 – $2,800 | 4 |
| 2BR | $3,515 | +$43 (+1.2%) | +$665 (+23.3%) | $3,215 – $3,993 | 87 |
| 3BR | $6,049 | +$132 (+2.2%) | +$1,554 (+34.6%) | $5,124 – $6,800 | 10 |
| 3BR | $6,800 | +$883 (+14.9%) | +$2,305 (+51.3%) | $6,800 – $6,800 | 2 |
| 4BR | $2,805 | −$295 (-9.5%) | −$2,445 (-46.6%) | $2,805 – $2,805 | 1 |
| 4BR | $2,805 | −$295 (-9.5%) | −$2,445 (-46.6%) | $2,805 – $2,805 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — March 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,075 | $1,745 | +$330 (+18.9%) |
| Studio | $2,320 | $1,745 | +$575 (+32.9%) |
| 1BR | $2,313 | $2,097 | +$216 (+10.3%) |
| 1BR | $2,610 | $2,097 | +$513 (+24.5%) |
| 2BR | $2,625 | $2,750 | −$125 (-4.5%) |
| 2BR | $3,515 | $2,750 | +$765 (+27.8%) |
| 3BR | $6,049 | $3,923 | +$2,127 (+54.2%) |
| 3BR | $6,800 | $3,923 | +$2,878 (+73.4%) |
| 4BR | $2,805 | $4,760 | −$1,955 (-41.1%) |
| 4BR | $2,805 | $4,760 | −$1,955 (-41.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.