Monthly Rent Report
Downtown Rent Report — January 2024
Asking rents in ZIP 90015, Los Angeles, from 310 listings.
Median 1BR rent in Downtown was $2,200 in January 2024, down 60.4% (−$3,350) from December 2023 and down 24.0% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,436. That puts Downtown $104 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 310 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,917 | −$683 (-26.3%) | −$293 (-13.3%) | $1,656 – $2,009 | 3 |
| Studio | $1,959 | −$641 (-24.7%) | −$251 (-11.4%) | $1,795 – $2,300 | 65 |
| 1BR | $2,200 | −$3,350 (-60.4%) | −$695 (-24.0%) | $2,200 – $2,436 | 5 |
| 1BR | $2,690 | −$2,860 (-51.5%) | −$205 (-7.1%) | $2,417 – $3,149 | 123 |
| 2BR | $3,837 | +$572 (+17.5%) | −$37 (-1.0%) | $3,765 – $3,889 | 7 |
| 2BR | $4,131 | +$866 (+26.5%) | +$257 (+6.6%) | $3,450 – $5,965 | 97 |
| 3BR | $11,900 | −$3,192 (-21.2%) | +$7,278 (+157.4%) | $11,450 – $15,092 | 7 |
| 3BR | $4,574 | −$10,518 (-69.7%) | −$48 (-1.0%) | $4,574 – $4,574 | 1 |
| 4BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — January 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,917 | $1,750 | +$167 (+9.5%) |
| Studio | $1,959 | $1,750 | +$209 (+11.9%) |
| 1BR | $2,200 | $2,097 | +$104 (+4.9%) |
| 1BR | $2,690 | $2,097 | +$594 (+28.3%) |
| 2BR | $3,837 | $2,795 | +$1,042 (+37.3%) |
| 2BR | $4,131 | $2,795 | +$1,336 (+47.8%) |
| 3BR | $11,900 | $3,950 | +$7,950 (+201.3%) |
| 3BR | $4,574 | $3,950 | +$624 (+15.8%) |
| 4BR | $3,500 | $5,200 | −$1,700 (-32.7%) |
| 4BR | $3,500 | $5,200 | −$1,700 (-32.7%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.