Monthly Rent Report
Downtown Rent Report — June 2024
Asking rents in ZIP 90014, Los Angeles, from 664 listings.
Median 1BR rent in Downtown was $2,678 in June 2024, down 5.1% (−$145) from May 2024 and up 27.5% year-over-year. The middle half of 1BR listings asked between $2,200 and $3,114. That puts Downtown $578 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 664 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,134 | −$1,054 (-33.1%) | −$203 (-8.7%) | $1,800 – $2,450 | 189 |
| Studio | $2,450 | −$738 (-23.1%) | +$113 (+4.8%) | $2,450 – $2,450 | 1 |
| 1BR | $2,678 | −$145 (-5.1%) | +$578 (+27.5%) | $2,200 – $3,114 | 214 |
| 1BR | $2,200 | −$622 (-22.1%) | +$100 (+4.8%) | $2,200 – $2,200 | 2 |
| 2BR | $7,500 | +$3,617 (+93.1%) | +$3,076 (+69.5%) | $7,500 – $7,500 | 1 |
| 2BR | $3,953 | +$70 (+1.8%) | −$471 (-10.6%) | $3,585 – $4,849 | 163 |
| 3BR | $6,417 | −$235 (-3.5%) | −$1,131 (-15.0%) | $4,543 – $7,132 | 43 |
| 3BR | $6,480 | −$172 (-2.6%) | −$1,068 (-14.1%) | $4,543 – $7,339 | 51 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — June 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,134 | $1,759 | +$375 (+21.3%) |
| Studio | $2,450 | $1,759 | +$691 (+39.3%) |
| 1BR | $2,678 | $2,100 | +$578 (+27.5%) |
| 1BR | $2,200 | $2,100 | +$100 (+4.8%) |
| 2BR | $7,500 | $2,885 | +$4,615 (+160.0%) |
| 2BR | $3,953 | $2,885 | +$1,068 (+37.0%) |
| 3BR | $6,417 | $3,900 | +$2,517 (+64.5%) |
| 3BR | $6,480 | $3,900 | +$2,580 (+66.2%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.