Monthly Rent Report
Downtown Rent Report — August 2024
Asking rents in ZIP 90013, Los Angeles, from 61 listings.
Median 1BR rent in Downtown was $2,498 in August 2024, down 3.9% (−$102) from July 2024 and up 4.1% year-over-year. The middle half of 1BR listings asked between $2,024 and $2,524. That puts Downtown $403 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 61 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,250 | +$50 (+2.3%) | +$255 (+12.8%) | $2,250 – $2,250 | 1 |
| 1BR | $2,498 | −$102 (-3.9%) | +$98 (+4.1%) | $2,024 – $2,524 | 3 |
| 2BR | $2,900 | +$171 (+6.3%) | −$544 (-15.8%) | $2,900 – $2,900 | 1 |
| 3BR | $4,977 | −$574 (-10.3%) | −$1,422 (-22.2%) | $4,105 – $5,860 | 43 |
| 4BR | $3,850 | −$2,608 (-40.4%) | +$350 (+10.0%) | $3,850 – $3,850 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — August 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,250 | $1,750 | +$500 (+28.6%) |
| 1BR | $2,498 | $2,095 | +$403 (+19.2%) |
| 2BR | $2,900 | $2,795 | +$105 (+3.8%) |
| 3BR | $4,977 | $4,000 | +$977 (+24.4%) |
| 4BR | $3,850 | $4,895 | −$1,045 (-21.3%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.