Monthly Rent Report
Downtown Rent Report — June 2024
Asking rents in ZIP 90013, Los Angeles, from 993 listings.
Median 1BR rent in Downtown was $2,348 in June 2024, down 13.1% (−$355) from May 2024 and down 12.1% year-over-year. The middle half of 1BR listings asked between $2,260 and $2,518. That puts Downtown $248 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 993 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | −$509 (-23.1%) | −$505 (-23.0%) | $1,695 – $1,695 | 1 |
| Studio | $2,233 | +$29 (+1.3%) | +$33 (+1.5%) | $1,915 – $2,504 | 222 |
| 1BR | $2,348 | −$355 (-13.1%) | −$322 (-12.1%) | $2,260 – $2,518 | 3 |
| 1BR | $2,633 | −$70 (-2.6%) | −$37 (-1.4%) | $2,248 – $3,252 | 543 |
| 2BR | $2,729 | −$1,171 (-30.0%) | −$1,088 (-28.5%) | $2,716 – $2,746 | 3 |
| 2BR | $3,500 | −$400 (-10.3%) | −$317 (-8.3%) | $2,833 – $4,254 | 181 |
| 3BR | $2,050 | −$3,465 (-62.8%) | −$2,565 (-55.6%) | $2,050 – $2,050 | 1 |
| 3BR | $5,164 | −$351 (-6.4%) | +$549 (+11.9%) | $4,470 – $5,808 | 27 |
| 4BR | $3,270 | $0 (0.0%) | — | $3,270 – $3,270 | 1 |
| 4BR | $3,270 | $0 (0.0%) | — | $3,270 – $3,270 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — June 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,759 | −$64 (-3.6%) |
| Studio | $2,233 | $1,759 | +$474 (+27.0%) |
| 1BR | $2,348 | $2,100 | +$248 (+11.8%) |
| 1BR | $2,633 | $2,100 | +$533 (+25.4%) |
| 2BR | $2,729 | $2,885 | −$156 (-5.4%) |
| 2BR | $3,500 | $2,885 | +$615 (+21.3%) |
| 3BR | $2,050 | $3,900 | −$1,850 (-47.4%) |
| 3BR | $5,164 | $3,900 | +$1,264 (+32.4%) |
| 4BR | $3,270 | $5,000 | −$1,730 (-34.6%) |
| 4BR | $3,270 | $5,000 | −$1,730 (-34.6%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.