Monthly Rent Report
Downtown Rent Report — October 2023
Asking rents in ZIP 90014, Los Angeles, from 172 listings.
Median 1BR rent in Downtown was $2,999 in October 2023, up 20.0% (+$499) from September 2023 and down 1.6% year-over-year. The middle half of 1BR listings asked between $2,999 and $2,999. That puts Downtown $1,002 above the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 172 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,095 | +$958 (+44.8%) | +$1,245 (+67.3%) | $3,095 – $3,095 | 1 |
| Studio | $1,900 | −$237 (-11.1%) | +$50 (+2.7%) | $1,900 – $2,000 | 3 |
| 1BR | $2,999 | +$499 (+20.0%) | −$48 (-1.6%) | $2,999 – $2,999 | 1 |
| 1BR | $5,500 | +$3,000 (+120.0%) | +$2,453 (+80.5%) | $5,500 – $5,500 | 1 |
| 2BR | $4,278 | −$1,922 (-31.0%) | −$2,622 (-38.0%) | $3,670 – $5,600 | 124 |
| 3BR | $7,728 | −$3,772 (-32.8%) | +$2,955 (+61.9%) | $6,955 – $7,967 | 42 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — October 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,095 | $1,700 | +$1,395 (+82.1%) |
| Studio | $1,900 | $1,700 | +$200 (+11.8%) |
| 1BR | $2,999 | $1,998 | +$1,002 (+50.1%) |
| 1BR | $5,500 | $1,998 | +$3,503 (+175.3%) |
| 2BR | $4,278 | $2,750 | +$1,528 (+55.6%) |
| 3BR | $7,728 | $4,195 | +$3,533 (+84.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.