Monthly Rent Report
Downtown Rent Report — April 2023
Asking rents in ZIP 90015, Los Angeles, from 1,157 listings.
Median 1BR rent in Downtown was $1,745 in April 2023, down 12.5% (−$250) from March 2023 and down 33.3% year-over-year. The middle half of 1BR listings asked between $1,745 and $1,745. That puts Downtown $352 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 1,157 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,108 | +$8 (+0.4%) | +$67 (+3.3%) | $1,995 – $2,230 | 254 |
| Studio | $2,245 | +$145 (+6.9%) | +$204 (+10.0%) | $2,220 – $2,270 | 2 |
| 1BR | $1,745 | −$250 (-12.5%) | −$870 (-33.3%) | $1,745 – $1,745 | 1 |
| 1BR | $2,735 | +$740 (+37.1%) | +$120 (+4.6%) | $2,424 – $3,175 | 490 |
| 2BR | $4,595 | +$1,020 (+28.5%) | +$97 (+2.1%) | $4,595 – $4,595 | 1 |
| 2BR | $3,797 | +$222 (+6.2%) | −$701 (-15.6%) | $3,225 – $4,605 | 341 |
| 3BR | $11,725 | +$4,303 (+58.0%) | +$4,725 (+67.5%) | $7,357 – $17,183 | 30 |
| 3BR | $11,725 | +$4,303 (+58.0%) | +$4,725 (+67.5%) | $7,357 – $17,183 | 30 |
| 4BR | $4,250 | — | — | $3,999 – $4,500 | 4 |
| 4BR | $4,250 | — | — | $3,999 – $4,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — April 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,108 | $1,775 | +$333 (+18.7%) |
| Studio | $2,245 | $1,775 | +$470 (+26.5%) |
| 1BR | $1,745 | $2,097 | −$352 (-16.8%) |
| 1BR | $2,735 | $2,097 | +$638 (+30.4%) |
| 2BR | $4,595 | $2,795 | +$1,800 (+64.4%) |
| 2BR | $3,797 | $2,795 | +$1,002 (+35.8%) |
| 3BR | $11,725 | $3,895 | +$7,830 (+201.0%) |
| 3BR | $11,725 | $3,895 | +$7,830 (+201.0%) |
| 4BR | $4,250 | $4,970 | −$720 (-14.5%) |
| 4BR | $4,250 | $4,970 | −$720 (-14.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.