Monthly Rent Report
Downtown Rent Report — February 2023
Asking rents in ZIP 90014, Los Angeles, from 441 listings.
Median 1BR rent in Downtown was $2,971 in February 2023, up 4.5% (+$128) from January 2023 and up 8.5% year-over-year. The middle half of 1BR listings asked between $2,590 and $3,441. That puts Downtown $846 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 441 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,457 | +$43 (+1.8%) | −$393 (-13.8%) | $2,197 – $3,264 | 84 |
| Studio | $2,457 | +$43 (+1.8%) | −$393 (-13.8%) | $2,212 – $3,397 | 57 |
| 1BR | $2,971 | +$128 (+4.5%) | +$233 (+8.5%) | $2,590 – $3,441 | 112 |
| 1BR | $5,495 | +$2,652 (+93.3%) | +$2,757 (+100.7%) | $5,495 – $5,495 | 1 |
| 2BR | $4,268 | +$119 (+2.9%) | −$2,782 (-39.5%) | $3,824 – $5,489 | 56 |
| 2BR | $4,189 | +$40 (+1.0%) | −$2,861 (-40.6%) | $3,806 – $5,599 | 88 |
| 3BR | $6,503 | +$1,095 (+20.2%) | −$11,497 (-63.9%) | $4,798 – $8,370 | 26 |
| 3BR | $6,413 | +$1,005 (+18.6%) | −$11,587 (-64.4%) | $4,798 – $7,966 | 17 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — February 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,457 | $1,795 | +$662 (+36.9%) |
| Studio | $2,457 | $1,795 | +$662 (+36.9%) |
| 1BR | $2,971 | $2,125 | +$846 (+39.8%) |
| 1BR | $5,495 | $2,125 | +$3,370 (+158.6%) |
| 2BR | $4,268 | $2,773 | +$1,495 (+53.9%) |
| 2BR | $4,189 | $2,773 | +$1,416 (+51.0%) |
| 3BR | $6,503 | $3,850 | +$2,653 (+68.9%) |
| 3BR | $6,413 | $3,850 | +$2,563 (+66.6%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.