Monthly Rent Report
Downtown Rent Report — October 2024
Asking rents in ZIP 90014, Los Angeles, from 213 listings.
Median 1BR rent in Downtown was $1,896 in October 2024, down 11.8% (−$254) from September 2024 and down 36.8% year-over-year. The middle half of 1BR listings asked between $1,842 and $2,515. That puts Downtown $115 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 213 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,188 | +$98 (+3.2%) | +$93 (+3.0%) | $2,803 – $3,194 | 7 |
| Studio | $1,694 | −$1,396 (-45.2%) | −$1,401 (-45.3%) | $1,675 – $1,881 | 6 |
| 1BR | $1,896 | −$254 (-11.8%) | −$1,103 (-36.8%) | $1,842 – $2,515 | 11 |
| 1BR | $2,100 | −$50 (-2.3%) | −$899 (-30.0%) | $2,100 – $2,100 | 1 |
| 2BR | $2,727 | −$523 (-16.1%) | −$1,551 (-36.3%) | $2,589 – $3,282 | 10 |
| 2BR | $3,587 | +$337 (+10.4%) | −$691 (-16.2%) | $3,280 – $4,196 | 120 |
| 3BR | $5,211 | −$902 (-14.8%) | −$2,517 (-32.6%) | $4,250 – $6,274 | 52 |
| 3BR | $3,442 | −$2,671 (-43.7%) | −$4,286 (-55.5%) | $3,012 – $3,938 | 6 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — October 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,188 | $1,700 | +$1,488 (+87.5%) |
| Studio | $1,694 | $1,700 | −$6 (-0.4%) |
| 1BR | $1,896 | $2,011 | −$115 (-5.7%) |
| 1BR | $2,100 | $2,011 | +$89 (+4.4%) |
| 2BR | $2,727 | $2,727 | $0 (0.0%) |
| 2BR | $3,587 | $2,727 | +$860 (+31.5%) |
| 3BR | $5,211 | $3,816 | +$1,395 (+36.5%) |
| 3BR | $3,442 | $3,816 | −$374 (-9.8%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.