Monthly Rent Report
Downtown Rent Report — January 2023
Asking rents in ZIP 90014, Los Angeles, from 351 listings.
Median 1BR rent in Downtown was $3,000 in January 2023, down 1.5% (−$45) from December 2022 and up 215.8% year-over-year. The middle half of 1BR listings asked between $3,000 and $3,000. That puts Downtown $875 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 351 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,414 | +$94 (+4.1%) | +$564 (+30.5%) | $2,015 – $3,237 | 83 |
| Studio | $1,175 | −$1,145 (-49.4%) | −$675 (-36.5%) | $1,175 – $1,175 | 1 |
| 1BR | $3,000 | −$45 (-1.5%) | +$2,050 (+215.8%) | $3,000 – $3,000 | 1 |
| 1BR | $2,843 | −$202 (-6.6%) | +$1,893 (+199.3%) | $2,614 – $3,404 | 137 |
| 2BR | $6,680 | +$2,334 (+53.7%) | −$2 (-0.0%) | $5,358 – $10,095 | 7 |
| 2BR | $4,149 | −$197 (-4.5%) | −$2,533 (-37.9%) | $3,782 – $5,750 | 96 |
| 3BR | $6,788 | −$207 (-3.0%) | −$1,521 (-18.3%) | $5,139 – $8,155 | 24 |
| 3BR | $5,409 | −$1,586 (-22.7%) | −$2,900 (-34.9%) | $4,642 – $6,175 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — January 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,414 | $1,795 | +$619 (+34.5%) |
| Studio | $1,175 | $1,795 | −$620 (-34.5%) |
| 1BR | $3,000 | $2,125 | +$875 (+41.2%) |
| 1BR | $2,843 | $2,125 | +$718 (+33.8%) |
| 2BR | $6,680 | $2,861 | +$3,819 (+133.5%) |
| 2BR | $4,149 | $2,861 | +$1,288 (+45.0%) |
| 3BR | $6,788 | $3,848 | +$2,940 (+76.4%) |
| 3BR | $5,409 | $3,848 | +$1,561 (+40.6%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.