Monthly Rent Report
Downtown Rent Report — November 2023
Asking rents in ZIP 90013, Los Angeles, from 218 listings.
Median 1BR rent in Downtown was $2,125 in November 2023, down 14.8% (−$370) from October 2023 and down 23.8% year-over-year. The middle half of 1BR listings asked between $2,104 and $2,150. That puts Downtown in line with the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 218 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,938 | −$61 (-3.1%) | −$502 (-20.6%) | $1,906 – $1,969 | 2 |
| Studio | $2,117 | +$118 (+5.9%) | −$323 (-13.2%) | $1,950 – $2,586 | 188 |
| 1BR | $2,125 | −$370 (-14.8%) | −$664 (-23.8%) | $2,104 – $2,150 | 3 |
| 1BR | $2,300 | −$195 (-7.8%) | −$489 (-17.5%) | $2,300 – $2,300 | 2 |
| 2BR | $2,600 | −$595 (-18.6%) | −$840 (-24.4%) | $2,600 – $2,600 | 1 |
| 2BR | $3,400 | +$205 (+6.4%) | −$40 (-1.2%) | $3,400 – $3,400 | 3 |
| 3BR | $6,098 | −$702 (-10.3%) | +$778 (+14.6%) | $5,950 – $6,385 | 12 |
| 3BR | $6,246 | −$554 (-8.1%) | +$926 (+17.4%) | $6,098 – $6,523 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — November 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,938 | $1,775 | +$163 (+9.2%) |
| Studio | $2,117 | $1,775 | +$342 (+19.3%) |
| 1BR | $2,125 | $2,125 | $0 (0.0%) |
| 1BR | $2,300 | $2,125 | +$175 (+8.2%) |
| 2BR | $2,600 | $2,795 | −$195 (-7.0%) |
| 2BR | $3,400 | $2,795 | +$605 (+21.6%) |
| 3BR | $6,098 | $3,950 | +$2,148 (+54.4%) |
| 3BR | $6,246 | $3,950 | +$2,296 (+58.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.