Monthly Rent Report
Downtown Rent Report — September 2023
Asking rents in ZIP 90015, Los Angeles, from 124 listings.
Median 1BR rent in Downtown was $2,795 in September 2023, up 2.4% (+$65) from August 2023 and up 22.5% year-over-year. The middle half of 1BR listings asked between $2,558 and $3,124. That puts Downtown $795 above the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 124 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,980 | −$220 (-10.0%) | +$485 (+32.4%) | $1,665 – $2,295 | 2 |
| Studio | $2,193 | −$7 (-0.3%) | +$698 (+46.7%) | $1,619 – $2,315 | 34 |
| 1BR | $2,795 | +$65 (+2.4%) | +$514 (+22.5%) | $2,558 – $3,124 | 43 |
| 1BR | $2,517 | −$213 (-7.8%) | +$236 (+10.3%) | $2,517 – $2,517 | 1 |
| 2BR | $3,705 | −$95 (-2.5%) | −$334 (-8.3%) | $2,500 – $4,398 | 33 |
| 2BR | $3,653 | −$147 (-3.9%) | −$386 (-9.6%) | $3,631 – $3,676 | 2 |
| 3BR | $14,880 | +$9,953 (+202.0%) | +$7,869 (+112.2%) | $14,880 – $17,764 | 9 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — September 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,980 | $1,795 | +$185 (+10.3%) |
| Studio | $2,193 | $1,795 | +$398 (+22.1%) |
| 1BR | $2,795 | $2,000 | +$795 (+39.8%) |
| 1BR | $2,517 | $2,000 | +$517 (+25.9%) |
| 2BR | $3,705 | $2,750 | +$955 (+34.7%) |
| 2BR | $3,653 | $2,750 | +$903 (+32.8%) |
| 3BR | $14,880 | $3,948 | +$10,933 (+276.9%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.