Monthly Rent Report
Downtown Rent Report — November 2023
Asking rents in ZIP 90015, Los Angeles, from 538 listings.
Median 1BR rent in Downtown was $2,600 in November 2023, down 7.1% (−$200) from October 2023 and up 21.7% year-over-year. The middle half of 1BR listings asked between $2,358 and $3,000. That puts Downtown $475 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 538 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | +$5 (+0.4%) | +$100 (+7.7%) | $1,400 – $1,400 | 1 |
| Studio | $1,601 | +$206 (+14.8%) | +$301 (+23.2%) | $1,448 – $2,247 | 3 |
| 1BR | $2,600 | −$200 (-7.1%) | +$463 (+21.7%) | $2,358 – $3,000 | 496 |
| 1BR | $2,543 | −$257 (-9.2%) | +$406 (+19.0%) | $2,391 – $2,672 | 4 |
| 2BR | $3,766 | +$263 (+7.5%) | −$674 (-15.2%) | $3,734 – $3,958 | 5 |
| 2BR | $3,400 | −$103 (-2.9%) | −$1,040 (-23.4%) | $3,400 – $3,400 | 2 |
| 3BR | $6,398 | +$40 (+0.6%) | +$398 (+6.6%) | $6,398 – $6,398 | 1 |
| 3BR | $15,067 | +$8,709 (+137.0%) | +$9,067 (+151.1%) | $7,105 – $16,022 | 26 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — November 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,775 | −$375 (-21.1%) |
| Studio | $1,601 | $1,775 | −$174 (-9.8%) |
| 1BR | $2,600 | $2,125 | +$475 (+22.4%) |
| 1BR | $2,543 | $2,125 | +$418 (+19.6%) |
| 2BR | $3,766 | $2,795 | +$971 (+34.7%) |
| 2BR | $3,400 | $2,795 | +$605 (+21.6%) |
| 3BR | $6,398 | $3,950 | +$2,448 (+62.0%) |
| 3BR | $15,067 | $3,950 | +$11,117 (+281.4%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.