Monthly Rent Report
Downtown Rent Report — May 2023
Asking rents in ZIP 90013, Los Angeles, from 354 listings.
Median 1BR rent in Downtown was $2,300 in May 2023, up 2.2% (+$50) from April 2023 and down 30.7% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,300. That puts Downtown $178 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 354 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,938 | −$312 (-13.9%) | −$12 (-0.6%) | $1,919 – $1,956 | 2 |
| Studio | $2,238 | −$12 (-0.5%) | +$288 (+14.8%) | $2,128 – $2,500 | 89 |
| 1BR | $2,300 | +$50 (+2.2%) | −$1,020 (-30.7%) | $2,250 – $2,300 | 3 |
| 1BR | $2,663 | +$413 (+18.3%) | −$657 (-19.8%) | $2,335 – $3,193 | 164 |
| 2BR | $3,500 | −$7 (-0.2%) | +$1,000 (+40.0%) | $3,100 – $4,223 | 83 |
| 2BR | $6,800 | +$3,293 (+93.9%) | +$4,300 (+172.0%) | $6,800 – $6,800 | 1 |
| 3BR | $6,800 | +$2,004 (+41.8%) | +$2,950 (+76.6%) | $5,655 – $6,800 | 3 |
| 3BR | $6,800 | +$2,004 (+41.8%) | +$2,950 (+76.6%) | $5,655 – $6,800 | 7 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — May 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,938 | $1,750 | +$188 (+10.7%) |
| Studio | $2,238 | $1,750 | +$488 (+27.9%) |
| 1BR | $2,300 | $2,122 | +$178 (+8.4%) |
| 1BR | $2,663 | $2,122 | +$541 (+25.5%) |
| 2BR | $3,500 | $2,780 | +$720 (+25.9%) |
| 2BR | $6,800 | $2,780 | +$4,020 (+144.6%) |
| 3BR | $6,800 | $3,943 | +$2,858 (+72.5%) |
| 3BR | $6,800 | $3,943 | +$2,858 (+72.5%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.