Monthly Rent Report
Downtown Rent Report — January 2023
Asking rents in ZIP 90015, Los Angeles, from 838 listings.
Median 1BR rent in Downtown was $2,735 in January 2023, down 5.9% (−$171) from December 2022 and down 50.7% year-over-year. The middle half of 1BR listings asked between $2,440 and $3,100. That puts Downtown $610 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 838 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | −$245 (-15.6%) | −$1,072 (-44.7%) | $1,325 – $1,860 | 3 |
| Studio | $2,210 | +$640 (+40.8%) | −$187 (-7.8%) | $2,017 – $2,400 | 203 |
| 1BR | $2,735 | −$171 (-5.9%) | −$2,815 (-50.7%) | $2,440 – $3,100 | 369 |
| 1BR | $2,895 | −$11 (-0.4%) | −$2,655 (-47.8%) | $2,895 – $2,895 | 1 |
| 2BR | $3,420 | −$669 (-16.4%) | −$19 (-0.6%) | $3,420 – $3,420 | 1 |
| 2BR | $3,874 | −$215 (-5.3%) | +$435 (+12.6%) | $3,260 – $4,500 | 218 |
| 3BR | $4,623 | −$3,048 (-39.7%) | −$10,877 (-70.2%) | $3,124 – $7,873 | 10 |
| 3BR | $3,995 | −$3,676 (-47.9%) | −$11,505 (-74.2%) | $3,200 – $7,808 | 33 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — January 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,795 | −$470 (-26.2%) |
| Studio | $2,210 | $1,795 | +$415 (+23.1%) |
| 1BR | $2,735 | $2,125 | +$610 (+28.7%) |
| 1BR | $2,895 | $2,125 | +$770 (+36.2%) |
| 2BR | $3,420 | $2,861 | +$559 (+19.5%) |
| 2BR | $3,874 | $2,861 | +$1,013 (+35.4%) |
| 3BR | $4,623 | $3,848 | +$775 (+20.1%) |
| 3BR | $3,995 | $3,848 | +$148 (+3.8%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.