Monthly Rent Report
Downtown Rent Report — February 2024
Asking rents in ZIP 90013, Los Angeles, from 760 listings.
Median 1BR rent in Downtown was $1,879 in February 2024, down 21.5% (−$516) from January 2024 and down 14.1% year-over-year. The middle half of 1BR listings asked between $1,879 and $1,879. That puts Downtown $316 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 760 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,176 | −$24 (-1.1%) | +$13 (+0.6%) | $1,922 – $2,520 | 220 |
| Studio | $1,595 | −$605 (-27.5%) | −$567 (-26.2%) | $1,595 – $1,595 | 1 |
| 1BR | $1,879 | −$516 (-21.5%) | −$308 (-14.1%) | $1,879 – $1,879 | 1 |
| 1BR | $2,695 | +$300 (+12.5%) | +$508 (+23.2%) | $2,350 – $3,251 | 348 |
| 2BR | $3,400 | −$81 (-2.3%) | −$72 (-2.1%) | $2,924 – $4,520 | 124 |
| 2BR | $3,500 | +$19 (+0.5%) | +$28 (+0.8%) | $3,500 – $3,500 | 1 |
| 3BR | $5,551 | +$1,234 (+28.6%) | +$436 (+8.5%) | $4,355 – $5,782 | 24 |
| 3BR | $5,551 | +$1,234 (+28.6%) | +$436 (+8.5%) | $4,243 – $5,756 | 25 |
| 4BR | $3,765 | — | +$665 (+21.5%) | $3,765 – $3,765 | 4 |
| 4BR | $3,765 | — | +$665 (+21.5%) | $3,765 – $3,765 | 4 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — February 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,176 | $1,750 | +$426 (+24.3%) |
| Studio | $1,595 | $1,750 | −$154 (-8.8%) |
| 1BR | $1,879 | $2,195 | −$316 (-14.4%) |
| 1BR | $2,695 | $2,195 | +$500 (+22.8%) |
| 2BR | $3,400 | $2,850 | +$550 (+19.3%) |
| 2BR | $3,500 | $2,850 | +$650 (+22.8%) |
| 3BR | $5,551 | $3,995 | +$1,556 (+38.9%) |
| 3BR | $5,551 | $3,995 | +$1,556 (+38.9%) |
| 4BR | $3,765 | $5,000 | −$1,235 (-24.7%) |
| 4BR | $3,765 | $5,000 | −$1,235 (-24.7%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.