Monthly Rent Report

Downtown Rent Report — April 2021

Asking rents in ZIP 90015, Los Angeles, from 758 listings.

Median 1BR rent in Downtown was $2,742 in April 2021, up 14.7% (+$352) from March 2021 and down 1.5% year-over-year. The middle half of 1BR listings asked between $2,742 and $2,742. That puts Downtown $947 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 758 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2021Vs. April 2020P25–P75 RangeListings
Studio$1,325−$610 (-31.5%)−$677 (-33.8%)$1,325 – $1,3251
Studio$1,854−$81 (-4.2%)−$148 (-7.4%)$1,696 – $2,164146
1BR$2,742+$352 (+14.7%)−$43 (-1.5%)$2,742 – $2,7421
1BR$2,422+$32 (+1.3%)−$363 (-13.0%)$2,150 – $2,770337
2BR$3,636−$124 (-3.3%)−$78 (-2.1%)$2,999 – $4,808235
2BR$4,148+$388 (+10.3%)+$434 (+11.7%)$4,071 – $4,2242
3BR$17,425+$9,370 (+116.3%)+$6,365 (+57.5%)$17,425 – $17,4251
3BR$8,256+$201 (+2.5%)−$2,804 (-25.4%)$7,250 – $13,05035

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

Downtown vs. Los AngelesApril 2021

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$1,325$1,495−$170 (-11.4%)
Studio$1,854$1,495+$359 (+24.0%)
1BR$2,742$1,795+$947 (+52.8%)
1BR$2,422$1,795+$627 (+34.9%)
2BR$3,636$2,385+$1,251 (+52.4%)
2BR$4,148$2,385+$1,762 (+73.9%)
3BR$17,425$3,295+$14,130 (+428.8%)
3BR$8,256$3,295+$4,961 (+150.6%)

Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in April 2021.

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