Monthly Rent Report

Downtown Rent Report — August 2022

Asking rents in ZIP 90015, Los Angeles, from 372 listings.

Median 1BR rent in Downtown was $2,257 in August 2022, down 21.1% (−$603) from July 2022 and down 21.2% year-over-year. The middle half of 1BR listings asked between $2,160 and $2,387. That puts Downtown $162 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 372 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2022Vs. August 2021P25–P75 RangeListings
Studio$2,056+$223 (+12.2%)−$109 (-5.0%)$2,044 – $2,1173
Studio$2,320+$487 (+26.6%)+$155 (+7.2%)$2,116 – $2,443143
1BR$2,257−$603 (-21.1%)−$606 (-21.2%)$2,160 – $2,38712
1BR$1,800−$1,060 (-37.1%)−$1,063 (-37.1%)$1,800 – $1,8001
2BR$3,781−$231 (-5.8%)+$631 (+20.0%)$3,485 – $4,545192
2BR$3,458−$554 (-13.8%)+$308 (+9.8%)$2,879 – $3,5453
3BR$5,898+$4,154 (+238.2%)−$4,464 (-43.1%)$3,926 – $10,4694
3BR$4,300+$2,556 (+146.6%)−$6,062 (-58.5%)$3,900 – $13,0937
4BR$10,753$0 (0.0%)$4,500 – $10,7535
4BR$7,627−$3,126 (-29.1%)$6,063 – $9,1902

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

Downtown vs. Los AngelesAugust 2022

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$2,056$1,773+$284 (+16.0%)
Studio$2,320$1,773+$548 (+30.9%)
1BR$2,257$2,095+$162 (+7.7%)
1BR$1,800$2,095−$295 (-14.1%)
2BR$3,781$2,880+$901 (+31.3%)
2BR$3,458$2,880+$578 (+20.1%)
3BR$5,898$3,795+$2,103 (+55.4%)
3BR$4,300$3,795+$505 (+13.3%)
4BR$10,753$5,200+$5,553 (+106.8%)
4BR$7,627$5,200+$2,427 (+46.7%)

Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.

Advertisement