Monthly Rent Report

Downtown Rent Report — June 2021

Asking rents in ZIP 90015, Los Angeles, from 462 listings.

Median 1BR rent in Downtown was $1,650 in June 2021, down 36.5% (−$950) from May 2021 and down 38.4% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Downtown $245 below the Los Angeles citywide 1BR median of $1,895. The month's figures are based on 462 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2021Vs. June 2020P25–P75 RangeListings
Studio$2,348+$321 (+15.8%)+$383 (+19.5%)$2,074 – $2,6212
Studio$2,027$0 (0.0%)+$62 (+3.2%)$1,720 – $2,24085
1BR$1,650−$950 (-36.5%)−$1,030 (-38.4%)$1,650 – $1,6501
1BR$2,635+$35 (+1.3%)−$45 (-1.7%)$2,341 – $2,980203
2BR$3,883−$2,117 (-35.3%)−$84 (-2.1%)$3,226 – $5,018134
2BR$5,770−$230 (-3.8%)+$1,803 (+45.4%)$4,757 – $6,6414
3BR$8,807+$109 (+1.3%)−$2,097 (-19.2%)$7,303 – $11,57532
3BR$7,814−$884 (-10.2%)−$3,090 (-28.3%)$7,814 – $7,8141

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

Downtown vs. Los AngelesJune 2021

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$2,348$1,495+$853 (+57.0%)
Studio$2,027$1,495+$532 (+35.6%)
1BR$1,650$1,895−$245 (-12.9%)
1BR$2,635$1,895+$740 (+39.1%)
2BR$3,883$2,400+$1,483 (+61.8%)
2BR$5,770$2,400+$3,370 (+140.4%)
3BR$8,807$3,300+$5,507 (+166.9%)
3BR$7,814$3,300+$4,514 (+136.8%)

Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in June 2021.

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