Monthly Rent Report
Downtown Rent Report — November 2024
Asking rents in ZIP 90014, Los Angeles, from 32 listings.
Median 1BR rent in Downtown was $3,100 in November 2024, up 47.6% (+$1,000) from October 2024 and up 31.9% year-over-year. The middle half of 1BR listings asked between $3,100 and $3,100. That puts Downtown $1,028 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 32 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,300 | +$112 (+3.5%) | +$1,132 (+52.2%) | $3,300 – $3,300 | 3 |
| Studio | $2,085 | −$1,103 (-34.6%) | −$83 (-3.8%) | $1,943 – $2,396 | 8 |
| 1BR | $3,100 | +$1,000 (+47.6%) | +$750 (+31.9%) | $3,100 – $3,100 | 1 |
| 1BR | $2,308 | +$208 (+9.9%) | −$42 (-1.8%) | $2,201 – $2,395 | 6 |
| 2BR | $2,050 | −$1,536 (-42.8%) | −$1,452 (-41.5%) | $2,025 – $2,075 | 2 |
| 2BR | $3,318 | −$268 (-7.5%) | −$184 (-5.3%) | $3,318 – $3,318 | 2 |
| 3BR | $4,999 | −$212 (-4.1%) | −$2,078 (-29.4%) | $4,140 – $6,166 | 10 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — November 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,300 | $1,750 | +$1,550 (+88.6%) |
| Studio | $2,085 | $1,750 | +$335 (+19.1%) |
| 1BR | $3,100 | $2,073 | +$1,028 (+49.6%) |
| 1BR | $2,308 | $2,073 | +$235 (+11.3%) |
| 2BR | $2,050 | $2,850 | −$800 (-28.1%) |
| 2BR | $3,318 | $2,850 | +$468 (+16.4%) |
| 3BR | $4,999 | $3,895 | +$1,104 (+28.3%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.