Monthly Rent Report

Downtown Rent Report — October 2024

Asking rents in ZIP 90013, Los Angeles, from 65 listings.

Median 1BR rent in Downtown was $1,824 in October 2024, down 34.3% (−$951) from September 2024 and down 11.8% year-over-year. The middle half of 1BR listings asked between $1,660 and $4,500. That puts Downtown $187 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 65 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2024Vs. October 2023P25–P75 RangeListings
Studio$1,888−$82 (-4.1%)−$612 (-24.5%)$1,888 – $1,8881
Studio$2,080+$111 (+5.6%)−$420 (-16.8%)$1,609 – $2,6514
1BR$1,824−$951 (-34.3%)−$245 (-11.8%)$1,660 – $4,50014
1BR$2,550−$225 (-8.1%)+$481 (+23.2%)$2,453 – $2,6243
2BR$4,500+$2,175 (+93.5%)+$1,000 (+28.6%)$4,450 – $4,5003
2BR$6,750+$4,425 (+190.3%)+$3,250 (+92.9%)$6,750 – $6,7503
3BR$4,367+$48 (+1.1%)−$1,583 (-26.6%)$4,170 – $6,45829
4BR$3,325−$525 (-13.6%)$3,325 – $3,4564

Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.

Downtown vs. Los AngelesOctober 2024

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$1,888$1,700+$188 (+11.1%)
Studio$2,080$1,700+$380 (+22.4%)
1BR$1,824$2,011−$187 (-9.3%)
1BR$2,550$2,011+$539 (+26.8%)
2BR$4,500$2,727+$1,773 (+65.0%)
2BR$6,750$2,727+$4,023 (+147.5%)
3BR$4,367$3,816+$551 (+14.4%)
4BR$3,325$5,225−$1,900 (-36.4%)

Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.

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