Monthly Rent Report
Downtown Rent Report — September 2024
Asking rents in ZIP 90014, Los Angeles, from 177 listings.
Median 1BR rent in Downtown was $2,150 in September 2024, flat versus August 2024 and down 6.5% year-over-year. The middle half of 1BR listings asked between $2,150 and $2,150. That puts Downtown $152 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 177 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,090 | −$210 (-6.4%) | +$953 (+44.6%) | $2,768 – $3,225 | 8 |
| Studio | $2,100 | −$1,200 (-36.4%) | −$37 (-1.8%) | $2,100 – $2,100 | 2 |
| 1BR | $2,150 | $0 (0.0%) | −$150 (-6.5%) | $2,150 – $2,150 | 1 |
| 2BR | $3,874 | −$101 (-2.5%) | −$2,326 (-37.5%) | $3,364 – $4,575 | 119 |
| 2BR | $3,250 | −$725 (-18.2%) | −$2,950 (-47.6%) | $3,250 – $3,250 | 2 |
| 3BR | $6,113 | −$201 (-3.2%) | −$696 (-10.2%) | $5,350 – $6,566 | 44 |
| 4BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — September 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,090 | $1,755 | +$1,335 (+76.1%) |
| Studio | $2,100 | $1,755 | +$345 (+19.7%) |
| 1BR | $2,150 | $1,999 | +$152 (+7.6%) |
| 2BR | $3,874 | $2,795 | +$1,079 (+38.6%) |
| 2BR | $3,250 | $2,795 | +$455 (+16.3%) |
| 3BR | $6,113 | $3,850 | +$2,263 (+58.8%) |
| 4BR | $3,500 | $4,995 | −$1,495 (-29.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.