Monthly Rent Report
Downtown Rent Report — April 2024
Asking rents in ZIP 90014, Los Angeles, from 643 listings.
Median 1BR rent in Downtown was $2,100 in April 2024, down 6.7% (−$150) from March 2024 and down 27.6% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,100. That puts Downtown in line with the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 643 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,090 | +$30 (+1.5%) | +$90 (+4.5%) | $1,925 – $2,346 | 125 |
| Studio | $2,100 | +$40 (+1.9%) | +$100 (+5.0%) | $1,925 – $2,388 | 171 |
| 1BR | $2,100 | −$150 (-6.7%) | −$801 (-27.6%) | $2,100 – $2,100 | 1 |
| 1BR | $2,637 | +$387 (+17.2%) | −$264 (-9.1%) | $2,223 – $2,900 | 167 |
| 2BR | $3,707 | +$169 (+4.8%) | −$568 (-13.3%) | $3,344 – $5,253 | 108 |
| 2BR | $5,995 | +$2,457 (+69.4%) | +$1,720 (+40.2%) | $5,995 – $5,995 | 2 |
| 3BR | $6,069 | −$859 (-12.4%) | −$166 (-2.7%) | $4,182 – $8,619 | 42 |
| 3BR | $4,292 | −$2,636 (-38.0%) | −$1,942 (-31.2%) | $3,496 – $8,619 | 27 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — April 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,090 | $1,795 | +$295 (+16.4%) |
| Studio | $2,100 | $1,795 | +$305 (+17.0%) |
| 1BR | $2,100 | $2,095 | +$5 (+0.2%) |
| 1BR | $2,637 | $2,095 | +$542 (+25.9%) |
| 2BR | $3,707 | $2,833 | +$874 (+30.9%) |
| 2BR | $5,995 | $2,833 | +$3,162 (+111.6%) |
| 3BR | $6,069 | $3,950 | +$2,119 (+53.6%) |
| 3BR | $4,292 | $3,950 | +$342 (+8.7%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.