Monthly Rent Report
Downtown Rent Report — December 2022
Asking rents in ZIP 90015, Los Angeles, from 351 listings.
Median 1BR rent in Downtown was $2,358 in December 2022, down 32.6% (−$1,142) from November 2022 and up 19.5% year-over-year. The middle half of 1BR listings asked between $2,358 and $2,358. That puts Downtown $266 above the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 351 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,570 | −$258 (-14.1%) | −$1,130 (-41.9%) | $1,533 – $1,608 | 2 |
| Studio | $2,295 | +$467 (+25.5%) | −$405 (-15.0%) | $1,495 – $2,516 | 29 |
| 1BR | $2,358 | −$1,142 (-32.6%) | +$385 (+19.5%) | $2,358 – $2,358 | 1 |
| 1BR | $2,906 | −$594 (-17.0%) | +$933 (+47.3%) | $2,590 – $3,553 | 73 |
| 2BR | $4,073 | +$773 (+23.4%) | +$779 (+23.6%) | $3,415 – $4,730 | 180 |
| 2BR | $4,089 | +$789 (+23.9%) | +$795 (+24.1%) | $3,535 – $4,559 | 42 |
| 3BR | $4,145 | +$58 (+1.4%) | −$3,262 (-44.0%) | $3,613 – $7,979 | 7 |
| 3BR | $7,671 | +$3,584 (+87.7%) | +$264 (+3.6%) | $3,800 – $8,531 | 17 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — December 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,570 | $1,795 | −$225 (-12.5%) |
| Studio | $2,295 | $1,795 | +$500 (+27.9%) |
| 1BR | $2,358 | $2,093 | +$266 (+12.7%) |
| 1BR | $2,906 | $2,093 | +$814 (+38.9%) |
| 2BR | $4,073 | $2,795 | +$1,278 (+45.7%) |
| 2BR | $4,089 | $2,795 | +$1,294 (+46.3%) |
| 3BR | $4,145 | $4,145 | $0 (0.0%) |
| 3BR | $7,671 | $4,145 | +$3,526 (+85.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.