Monthly Rent Report

Downtown Rent Report — May 2022

Asking rents in ZIP 90015, Los Angeles, from 26 listings.

Median 1BR rent in Downtown was $2,536 in May 2022, down 3.0% (−$79) from April 2022 and down 2.5% year-over-year. The middle half of 1BR listings asked between $2,379 and $3,161. That puts Downtown $586 above the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 26 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2022Vs. May 2021P25–P75 RangeListings
Studio$2,201+$160 (+7.8%)+$281 (+14.6%)$2,194 – $2,2092
1BR$2,536−$79 (-3.0%)−$64 (-2.5%)$2,379 – $3,1618
2BR$4,250−$248 (-5.5%)+$459 (+12.1%)$4,075 – $4,4252
2BR$4,076−$422 (-9.4%)+$285 (+7.5%)$3,900 – $4,56611
3BR$7,105+$105 (+1.5%)−$1,593 (-18.3%)$6,751 – $7,4602
4BR$9,857$9,857 – $9,8571

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

Downtown vs. Los AngelesMay 2022

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$2,201$1,620+$581 (+35.9%)
1BR$2,536$1,950+$586 (+30.0%)
2BR$4,250$2,800+$1,450 (+51.8%)
2BR$4,076$2,800+$1,276 (+45.6%)
3BR$7,105$3,995+$3,110 (+77.8%)
4BR$9,857$5,100+$4,757 (+93.3%)

Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.

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