Monthly Rent Report

Downtown Rent Report — February 2021

Asking rents in ZIP 90015, Los Angeles, from 292 listings.

Median 1BR rent in Downtown was $2,410 in February 2021, up 17.8% (+$365) from January 2021 and down 13.9% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,660. That puts Downtown $598 above the Los Angeles citywide 1BR median of $1,813. The month's figures are based on 292 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2021Vs. February 2020P25–P75 RangeListings
Studio$1,146−$654 (-36.3%)−$904 (-44.1%)$1,146 – $1,1461
Studio$1,785−$15 (-0.8%)−$265 (-12.9%)$1,690 – $1,97442
1BR$2,410+$365 (+17.8%)−$390 (-13.9%)$2,250 – $2,6605
1BR$2,495+$450 (+22.0%)−$305 (-10.9%)$2,193 – $2,83799
2BR$4,500+$8 (+0.2%)+$443 (+10.9%)$4,500 – $4,5001
2BR$4,130−$362 (-8.1%)+$73 (+1.8%)$3,205 – $5,31471
3BR$8,487+$116 (+1.4%)−$2,781 (-24.7%)$7,200 – $15,00053
3BR$8,698+$327 (+3.9%)−$2,570 (-22.8%)$7,320 – $15,00017
4BR$10,025$0 (0.0%)$10,025 – $10,0252
4BR$10,025$0 (0.0%)$10,025 – $10,0251

Median, P25, and P75 are asking rents from listings posted in February 2021. Changes compare against the nearest prior month with data.

Downtown vs. Los AngelesFebruary 2021

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$1,146$1,550−$404 (-26.1%)
Studio$1,785$1,550+$235 (+15.2%)
1BR$2,410$1,813+$598 (+33.0%)
1BR$2,495$1,813+$683 (+37.7%)
2BR$4,500$2,446+$2,055 (+84.0%)
2BR$4,130$2,446+$1,685 (+68.9%)
3BR$8,487$3,448+$5,040 (+146.2%)
3BR$8,698$3,448+$5,251 (+152.3%)
4BR$10,025$4,412+$5,613 (+127.2%)
4BR$10,025$4,412+$5,613 (+127.2%)

Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in February 2021.

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