Monthly Rent Report
Downtown Rent Report — January 2024
Asking rents in ZIP 90014, Los Angeles, from 114 listings.
Median 1BR rent in Downtown was $2,394 in January 2024, down 56.4% (−$3,101) from December 2023 and down 15.8% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,840. That puts Downtown $298 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 114 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,185 | −$820 (-27.3%) | +$1,010 (+86.0%) | $1,724 – $2,600 | 18 |
| Studio | $2,726 | −$279 (-9.3%) | +$1,551 (+132.0%) | $2,475 – $2,814 | 4 |
| 1BR | $2,394 | −$3,101 (-56.4%) | −$449 (-15.8%) | $2,200 – $2,840 | 49 |
| 1BR | $2,350 | −$3,145 (-57.2%) | −$493 (-17.3%) | $2,288 – $2,400 | 4 |
| 2BR | $7,500 | +$3,744 (+99.7%) | +$3,351 (+80.8%) | $7,500 – $7,500 | 4 |
| 2BR | $3,082 | −$674 (-17.9%) | −$1,067 (-25.7%) | $2,790 – $7,500 | 27 |
| 3BR | $3,029 | −$3,284 (-52.0%) | −$2,379 (-44.0%) | $2,750 – $3,387 | 4 |
| 3BR | $3,029 | −$3,284 (-52.0%) | −$2,379 (-44.0%) | $2,750 – $3,387 | 4 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — January 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,185 | $1,750 | +$435 (+24.9%) |
| Studio | $2,726 | $1,750 | +$976 (+55.8%) |
| 1BR | $2,394 | $2,097 | +$298 (+14.2%) |
| 1BR | $2,350 | $2,097 | +$254 (+12.1%) |
| 2BR | $7,500 | $2,795 | +$4,705 (+168.3%) |
| 2BR | $3,082 | $2,795 | +$287 (+10.3%) |
| 3BR | $3,029 | $3,950 | −$921 (-23.3%) |
| 3BR | $3,029 | $3,950 | −$921 (-23.3%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.