Monthly Rent Report
Downtown Rent Report — August 2023
Asking rents in ZIP 90013, Los Angeles, from 114 listings.
Median 1BR rent in Downtown was $2,623 in August 2023, down 4.6% (−$127) from July 2023 and down 22.8% year-over-year. The middle half of 1BR listings asked between $2,384 and $3,183. That puts Downtown $523 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 114 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,943 | −$340 (-14.9%) | +$93 (+5.0%) | $1,911 – $1,975 | 4 |
| Studio | $1,995 | −$288 (-12.6%) | +$145 (+7.8%) | $1,995 – $1,995 | 1 |
| 1BR | $2,623 | −$127 (-4.6%) | −$774 (-22.8%) | $2,384 – $3,183 | 63 |
| 1BR | $2,400 | −$350 (-12.7%) | −$997 (-29.3%) | $2,400 – $2,400 | 1 |
| 2BR | $3,444 | −$170 (-4.7%) | +$349 (+11.3%) | $3,130 – $3,756 | 29 |
| 2BR | $2,900 | −$714 (-19.8%) | −$195 (-6.3%) | $2,900 – $2,900 | 1 |
| 3BR | $6,400 | +$1,785 (+38.7%) | +$1,431 (+28.8%) | $5,356 – $6,800 | 6 |
| 3BR | $5,705 | +$1,090 (+23.6%) | +$736 (+14.8%) | $5,107 – $6,199 | 4 |
| 4BR | $3,500 | — | −$1,700 (-32.7%) | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | — | −$1,700 (-32.7%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — August 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,943 | $1,775 | +$168 (+9.5%) |
| Studio | $1,995 | $1,775 | +$220 (+12.4%) |
| 1BR | $2,623 | $2,100 | +$523 (+24.9%) |
| 1BR | $2,400 | $2,100 | +$300 (+14.3%) |
| 2BR | $3,444 | $2,895 | +$549 (+19.0%) |
| 2BR | $2,900 | $2,895 | +$5 (+0.2%) |
| 3BR | $6,400 | $3,897 | +$2,502 (+64.2%) |
| 3BR | $5,705 | $3,897 | +$1,808 (+46.4%) |
| 4BR | $3,500 | $5,163 | −$1,662 (-32.2%) |
| 4BR | $3,500 | $5,163 | −$1,662 (-32.2%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.