Monthly Rent Report
Downtown Rent Report — April 2023
Asking rents in ZIP 90014, Los Angeles, from 551 listings.
Median 1BR rent in Downtown was $2,902 in April 2023, up 13.6% (+$347) from March 2023 and down 14.0% year-over-year. The middle half of 1BR listings asked between $2,493 and $3,391. That puts Downtown $805 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 551 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,275 | −$245 (-9.7%) | +$425 (+23.0%) | $1,984 – $2,700 | 125 |
| Studio | $2,000 | −$520 (-20.6%) | +$150 (+8.1%) | $2,000 – $2,000 | 1 |
| 1BR | $2,902 | +$347 (+13.6%) | −$470 (-14.0%) | $2,493 – $3,391 | 156 |
| 1BR | $3,200 | +$645 (+25.2%) | −$172 (-5.1%) | $3,200 – $3,200 | 1 |
| 2BR | $4,276 | +$66 (+1.6%) | −$419 (-8.9%) | $3,883 – $5,650 | 106 |
| 2BR | $4,276 | +$66 (+1.6%) | −$419 (-8.9%) | $3,883 – $5,650 | 106 |
| 3BR | $6,235 | +$20 (+0.3%) | −$3,190 (-33.9%) | $4,915 – $8,764 | 28 |
| 3BR | $6,235 | +$20 (+0.3%) | −$3,190 (-33.9%) | $4,915 – $8,764 | 28 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — April 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,275 | $1,775 | +$500 (+28.2%) |
| Studio | $2,000 | $1,775 | +$225 (+12.7%) |
| 1BR | $2,902 | $2,097 | +$805 (+38.4%) |
| 1BR | $3,200 | $2,097 | +$1,103 (+52.6%) |
| 2BR | $4,276 | $2,795 | +$1,481 (+53.0%) |
| 2BR | $4,276 | $2,795 | +$1,481 (+53.0%) |
| 3BR | $6,235 | $3,895 | +$2,340 (+60.1%) |
| 3BR | $6,235 | $3,895 | +$2,340 (+60.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.