Monthly Rent Report

Downtown Rent Report — December 2024

Asking rents in ZIP 90014, Los Angeles, from 30 listings.

Median 1BR rent in Downtown was $2,100 in December 2024, down 9.0% (−$207) from November 2024 and down 61.8% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,100. That puts Downtown $33 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 30 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2024Vs. December 2023P25–P75 RangeListings
Studio$1,950−$135 (-6.5%)−$1,055 (-35.1%)$1,950 – $2,1009
Studio$2,815+$730 (+35.0%)−$190 (-6.3%)$2,805 – $2,8646
1BR$2,100−$207 (-9.0%)−$3,395 (-61.8%)$2,100 – $2,1001
1BR$2,688+$380 (+16.5%)−$2,807 (-51.1%)$2,269 – $3,9886
2BR$5,250+$1,932 (+58.2%)+$1,494 (+39.8%)$4,500 – $7,4955
2BR$2,300−$1,018 (-30.7%)−$1,456 (-38.8%)$2,300 – $2,3001
3BR$10,500+$5,502 (+110.1%)+$4,187 (+66.3%)$10,500 – $10,5001
3BR$10,500+$5,502 (+110.1%)+$4,187 (+66.3%)$10,500 – $10,5001

Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.

Downtown vs. Los AngelesDecember 2024

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$1,950$1,725+$225 (+13.0%)
Studio$2,815$1,725+$1,090 (+63.2%)
1BR$2,100$2,068+$33 (+1.6%)
1BR$2,688$2,068+$620 (+30.0%)
2BR$5,250$2,750+$2,500 (+90.9%)
2BR$2,300$2,750−$450 (-16.4%)
3BR$10,500$3,995+$6,505 (+162.8%)
3BR$10,500$3,995+$6,505 (+162.8%)

Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.

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