Monthly Rent Report
Downtown Rent Report — October 2023
Asking rents in ZIP 90013, Los Angeles, from 64 listings.
Median 1BR rent in Downtown was $2,495 in October 2023, down 7.4% (−$200) from September 2023 and down 16.4% year-over-year. The middle half of 1BR listings asked between $2,415 and $3,313. That puts Downtown $498 above the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 64 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,999 | +$209 (+11.7%) | −$238 (-10.7%) | $1,999 – $1,999 | 1 |
| Studio | $2,500 | +$710 (+39.7%) | +$263 (+11.7%) | $2,500 – $2,800 | 7 |
| 1BR | $2,495 | −$200 (-7.4%) | −$488 (-16.4%) | $2,415 – $3,313 | 20 |
| 1BR | $2,069 | −$626 (-23.2%) | −$914 (-30.6%) | $2,069 – $2,069 | 1 |
| 2BR | $3,500 | −$750 (-17.6%) | $0 (0.0%) | $3,300 – $4,016 | 12 |
| 2BR | $3,195 | −$1,055 (-24.8%) | −$305 (-8.7%) | $3,195 – $3,195 | 2 |
| 3BR | $6,800 | $0 (0.0%) | +$2,277 (+50.3%) | $6,800 – $6,800 | 3 |
| 3BR | $5,950 | −$850 (-12.5%) | +$1,427 (+31.5%) | $5,325 – $6,246 | 14 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — October 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,999 | $1,700 | +$299 (+17.6%) |
| Studio | $2,500 | $1,700 | +$800 (+47.1%) |
| 1BR | $2,495 | $1,998 | +$498 (+24.9%) |
| 1BR | $2,069 | $1,998 | +$72 (+3.6%) |
| 2BR | $3,500 | $2,750 | +$750 (+27.3%) |
| 2BR | $3,195 | $2,750 | +$445 (+16.2%) |
| 3BR | $6,800 | $4,195 | +$2,605 (+62.1%) |
| 3BR | $5,950 | $4,195 | +$1,755 (+41.8%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.