Monthly Rent Report

Downtown Rent Report — December 2023

Asking rents in ZIP 90013, Los Angeles, from 19 listings.

Median 1BR rent in Downtown was $2,475 in December 2023, up 7.6% (+$175) from November 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $2,475 and $2,475. That puts Downtown $346 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 19 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$1,695−$422 (-19.9%)−$805 (-32.2%)$1,695 – $1,6951
Studio$2,500+$383 (+18.1%)$0 (0.0%)$2,500 – $2,5001
1BR$2,475+$175 (+7.6%)$0 (0.0%)$2,475 – $2,4751
1BR$2,450+$150 (+6.5%)−$25 (-1.0%)$2,325 – $2,5752
2BR$3,500+$100 (+2.9%)$0 (0.0%)$3,400 – $4,5333
2BR$3,500+$100 (+2.9%)$0 (0.0%)$3,400 – $4,5333
3BR$6,800+$554 (+8.9%)$0 (0.0%)$6,800 – $6,8001
3BR$6,800+$554 (+8.9%)$0 (0.0%)$6,800 – $6,8001

Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.

Downtown vs. Los AngelesDecember 2023

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$1,695$1,750−$55 (-3.1%)
Studio$2,500$1,750+$750 (+42.9%)
1BR$2,475$2,129+$346 (+16.3%)
1BR$2,450$2,129+$321 (+15.1%)
2BR$3,500$2,795+$705 (+25.2%)
2BR$3,500$2,795+$705 (+25.2%)
3BR$6,800$3,923+$2,878 (+73.4%)
3BR$6,800$3,923+$2,878 (+73.4%)

Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.

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