Monthly Rent Report
Downtown Rent Report — May 2021
Asking rents in ZIP 90015, Los Angeles, from 625 listings.
Median 1BR rent in Downtown was $2,742 in May 2021, flat versus April 2021 and down 1.0% year-over-year. The middle half of 1BR listings asked between $2,742 and $2,742. That puts Downtown $944 above the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 625 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,027 | +$702 (+53.0%) | +$72 (+3.7%) | $2,027 – $2,049 | 7 |
| Studio | $1,920 | +$595 (+44.9%) | −$35 (-1.8%) | $1,840 – $2,260 | 93 |
| 1BR | $2,742 | $0 (0.0%) | −$27 (-1.0%) | $2,742 – $2,742 | 7 |
| 1BR | $2,600 | −$142 (-5.2%) | −$169 (-6.1%) | $2,272 – $2,914 | 268 |
| 2BR | $3,791 | −$356 (-8.6%) | −$130 (-3.3%) | $3,098 – $5,006 | 191 |
| 2BR | $6,000 | +$1,853 (+44.7%) | +$2,079 (+53.0%) | $4,950 – $6,000 | 3 |
| 3BR | $8,698 | +$442 (+5.4%) | −$2,570 (-22.8%) | $7,250 – $17,388 | 21 |
| 3BR | $8,698 | +$442 (+5.4%) | −$2,570 (-22.8%) | $7,320 – $16,194 | 35 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — May 2021
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,027 | $1,521 | +$506 (+33.3%) |
| Studio | $1,920 | $1,521 | +$399 (+26.3%) |
| 1BR | $2,742 | $1,798 | +$944 (+52.5%) |
| 1BR | $2,600 | $1,798 | +$802 (+44.6%) |
| 2BR | $3,791 | $2,450 | +$1,341 (+54.7%) |
| 2BR | $6,000 | $2,450 | +$3,550 (+144.9%) |
| 3BR | $8,698 | $3,295 | +$5,403 (+164.0%) |
| 3BR | $8,698 | $3,295 | +$5,403 (+164.0%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.