Monthly Rent Report
Downtown Rent Report — June 2023
Asking rents in ZIP 90015, Los Angeles, from 517 listings.
Median 1BR rent in Downtown was $2,685 in June 2023, down 2.3% (−$64) from May 2023 and up 41.3% year-over-year. The middle half of 1BR listings asked between $2,685 and $2,685. That puts Downtown $585 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 517 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,648 | +$523 (+24.6%) | +$1,298 (+96.1%) | $2,324 – $2,971 | 2 |
| Studio | $2,199 | +$74 (+3.5%) | +$849 (+62.9%) | $1,964 – $2,341 | 106 |
| 1BR | $2,685 | −$64 (-2.3%) | +$785 (+41.3%) | $2,685 – $2,685 | 1 |
| 1BR | $2,843 | +$94 (+3.4%) | +$943 (+49.6%) | $2,444 – $3,185 | 228 |
| 2BR | $3,553 | −$28 (-0.8%) | −$597 (-14.4%) | $3,296 – $4,280 | 150 |
| 2BR | $3,969 | +$388 (+10.8%) | −$181 (-4.4%) | $3,924 – $3,999 | 5 |
| 3BR | $7,500 | −$8,054 (-51.8%) | +$831 (+12.5%) | $7,276 – $16,739 | 22 |
| 3BR | $7,284 | −$8,270 (-53.2%) | +$615 (+9.2%) | $7,284 – $7,284 | 1 |
| 4BR | $3,300 | — | −$8,910 (-73.0%) | $3,300 – $3,300 | 1 |
| 4BR | $3,300 | — | −$8,910 (-73.0%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — June 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,648 | $1,758 | +$890 (+50.6%) |
| Studio | $2,199 | $1,758 | +$441 (+25.1%) |
| 1BR | $2,685 | $2,100 | +$585 (+27.9%) |
| 1BR | $2,843 | $2,100 | +$743 (+35.4%) |
| 2BR | $3,553 | $2,900 | +$653 (+22.5%) |
| 2BR | $3,969 | $2,900 | +$1,069 (+36.9%) |
| 3BR | $7,500 | $3,850 | +$3,650 (+94.8%) |
| 3BR | $7,284 | $3,850 | +$3,434 (+89.2%) |
| 4BR | $3,300 | $5,100 | −$1,800 (-35.3%) |
| 4BR | $3,300 | $5,100 | −$1,800 (-35.3%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.