Monthly Rent Report
Downtown Rent Report — August 2021
Asking rents in ZIP 90015, Los Angeles, from 311 listings.
Median 1BR rent in Downtown was $2,864 in August 2021, up 8.6% (+$228) from July 2021 and up 16.4% year-over-year. The middle half of 1BR listings asked between $2,518 and $3,358. That puts Downtown $1,001 above the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 311 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,165 | +$840 (+63.4%) | +$295 (+15.8%) | $1,625 – $2,458 | 81 |
| Studio | $1,200 | −$125 (-9.4%) | −$670 (-35.8%) | $1,200 – $2,098 | 3 |
| 1BR | $2,864 | +$228 (+8.6%) | +$404 (+16.4%) | $2,518 – $3,358 | 184 |
| 1BR | $2,742 | +$106 (+4.0%) | +$282 (+11.5%) | $2,742 – $2,742 | 1 |
| 2BR | $5,770 | +$1,832 (+46.5%) | +$2,105 (+57.4%) | $4,757 – $6,641 | 8 |
| 2BR | $3,150 | −$788 (-20.0%) | −$515 (-14.1%) | $3,150 – $3,150 | 1 |
| 3BR | $10,363 | +$1,447 (+16.2%) | +$1,417 (+15.8%) | $6,831 – $13,894 | 2 |
| 3BR | $8,698 | −$218 (-2.4%) | −$248 (-2.8%) | $7,320 – $11,100 | 31 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — August 2021
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,165 | $1,549 | +$617 (+39.8%) |
| Studio | $1,200 | $1,549 | −$348 (-22.5%) |
| 1BR | $2,864 | $1,863 | +$1,001 (+53.7%) |
| 1BR | $2,742 | $1,863 | +$880 (+47.2%) |
| 2BR | $5,770 | $2,680 | +$3,090 (+115.3%) |
| 2BR | $3,150 | $2,680 | +$470 (+17.5%) |
| 3BR | $10,363 | $3,595 | +$6,768 (+188.2%) |
| 3BR | $8,698 | $3,595 | +$5,103 (+141.9%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.