Monthly Rent Report
Downtown Rent Report — March 2024
Asking rents in ZIP 90013, Los Angeles, from 871 listings.
Median 1BR rent in Downtown was $2,828 in March 2024, up 50.5% (+$949) from February 2024 and up 8.4% year-over-year. The middle half of 1BR listings asked between $2,300 and $3,100. That puts Downtown $683 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 871 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,298 | +$703 (+44.1%) | +$223 (+10.7%) | $1,957 – $2,621 | 264 |
| Studio | $1,999 | +$404 (+25.3%) | −$76 (-3.7%) | $1,999 – $1,999 | 9 |
| 1BR | $2,828 | +$949 (+50.5%) | +$218 (+8.4%) | $2,300 – $3,100 | 449 |
| 1BR | $2,175 | +$296 (+15.8%) | −$435 (-16.7%) | $2,175 – $2,175 | 1 |
| 2BR | $2,900 | −$500 (-14.7%) | −$615 (-17.5%) | $2,900 – $2,900 | 2 |
| 2BR | $3,500 | +$100 (+2.9%) | −$15 (-0.4%) | $2,880 – $4,164 | 111 |
| 3BR | $5,551 | $0 (0.0%) | −$1,249 (-18.4%) | $4,649 – $5,860 | 19 |
| 3BR | $4,674 | −$877 (-15.8%) | −$2,126 (-31.3%) | $4,459 – $5,782 | 12 |
| 4BR | $3,765 | $0 (0.0%) | +$960 (+34.2%) | $3,765 – $3,765 | 1 |
| 4BR | $3,765 | $0 (0.0%) | +$960 (+34.2%) | $3,765 – $3,765 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — March 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,298 | $1,723 | +$576 (+33.4%) |
| Studio | $1,999 | $1,723 | +$277 (+16.1%) |
| 1BR | $2,828 | $2,145 | +$683 (+31.8%) |
| 1BR | $2,175 | $2,145 | +$30 (+1.4%) |
| 2BR | $2,900 | $2,850 | +$50 (+1.8%) |
| 2BR | $3,500 | $2,850 | +$650 (+22.8%) |
| 3BR | $5,551 | $3,762 | +$1,789 (+47.6%) |
| 3BR | $4,674 | $3,762 | +$912 (+24.2%) |
| 4BR | $3,765 | $4,950 | −$1,185 (-23.9%) |
| 4BR | $3,765 | $4,950 | −$1,185 (-23.9%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.