Monthly Rent Report

Downtown Rent Report — February 2022

Asking rents in ZIP 90015, Los Angeles, from 17 listings.

Median 1BR rent in Downtown was $2,873 in February 2022, down 48.2% (−$2,677) from January 2022 and up 19.2% year-over-year. The middle half of 1BR listings asked between $2,873 and $2,873. That puts Downtown $878 above the Los Angeles citywide 1BR median of $1,995. The month's figures are based on 17 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2022Vs. February 2021P25–P75 RangeListings
Studio$1,886−$511 (-21.3%)+$740 (+64.6%)$1,886 – $1,8861
1BR$2,873−$2,677 (-48.2%)+$463 (+19.2%)$2,873 – $2,8731
1BR$2,386−$3,164 (-57.0%)−$24 (-1.0%)$2,257 – $2,5424
2BR$4,150+$711 (+20.7%)+$20 (+0.5%)$3,145 – $4,5503
2BR$3,745+$306 (+8.9%)−$385 (-9.3%)$3,745 – $3,7451
3BR$18,855+$3,355 (+21.6%)+$10,368 (+122.2%)$7,385 – $18,8555
4BR$8,144−$3,644 (-30.9%)−$1,881 (-18.8%)$6,322 – $9,9662

Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.

Downtown vs. Los AngelesFebruary 2022

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$1,886$1,500+$386 (+25.7%)
1BR$2,873$1,995+$878 (+44.0%)
1BR$2,386$1,995+$391 (+19.6%)
2BR$4,150$2,675+$1,475 (+55.1%)
2BR$3,745$2,675+$1,070 (+40.0%)
3BR$18,855$3,700+$15,155 (+409.6%)
4BR$8,144$4,695+$3,449 (+73.5%)

Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in February 2022.

Advertisement