Monthly Rent Report
Downtown Rent Report — March 2021
Asking rents in ZIP 90015, Los Angeles, from 249 listings.
Median 1BR rent in Downtown was $1,600 in March 2021, down 33.6% (−$810) from February 2021 and down 43.9% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Downtown $195 below the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 249 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. March 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,840 | +$694 (+60.6%) | −$199 (-9.8%) | $1,688 – $2,093 | 75 |
| Studio | $1,935 | +$789 (+68.8%) | −$104 (-5.1%) | $1,880 – $1,975 | 10 |
| 1BR | $1,600 | −$810 (-33.6%) | −$1,250 (-43.9%) | $1,600 – $1,600 | 1 |
| 1BR | $2,390 | −$20 (-0.8%) | −$460 (-16.1%) | $2,390 – $2,390 | 1 |
| 2BR | $3,760 | −$740 (-16.4%) | −$394 (-9.5%) | $2,975 – $4,761 | 121 |
| 2BR | $3,995 | −$505 (-11.2%) | −$159 (-3.8%) | $3,995 – $4,000 | 5 |
| 3BR | $8,055 | −$432 (-5.1%) | −$3,213 (-28.5%) | $6,870 – $10,674 | 18 |
| 3BR | $8,477 | −$10 (-0.1%) | −$2,791 (-24.8%) | $7,290 – $12,075 | 16 |
| 4BR | $10,025 | $0 (0.0%) | +$6,225 (+163.8%) | $10,025 – $10,025 | 1 |
| 4BR | $10,025 | $0 (0.0%) | +$6,225 (+163.8%) | $10,025 – $10,025 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — March 2021
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,840 | $1,500 | +$340 (+22.7%) |
| Studio | $1,935 | $1,500 | +$435 (+29.0%) |
| 1BR | $1,600 | $1,795 | −$195 (-10.9%) |
| 1BR | $2,390 | $1,795 | +$595 (+33.1%) |
| 2BR | $3,760 | $2,450 | +$1,310 (+53.5%) |
| 2BR | $3,995 | $2,450 | +$1,545 (+63.1%) |
| 3BR | $8,055 | $3,375 | +$4,680 (+138.7%) |
| 3BR | $8,477 | $3,375 | +$5,102 (+151.2%) |
| 4BR | $10,025 | $3,800 | +$6,225 (+163.8%) |
| 4BR | $10,025 | $3,800 | +$6,225 (+163.8%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in March 2021.