Monthly Rent Report
Downtown Rent Report — April 2024
Asking rents in ZIP 90015, Los Angeles, from 897 listings.
Median 1BR rent in Downtown was $2,204 in April 2024, up 0.2% (+$4) from March 2024 and up 26.3% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,468. That puts Downtown $109 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 897 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,045 | −$15 (-0.7%) | −$62 (-3.0%) | $1,545 – $2,310 | 285 |
| Studio | $2,200 | +$140 (+6.8%) | +$93 (+4.4%) | $2,150 – $2,388 | 3 |
| 1BR | $2,204 | +$4 (+0.2%) | +$459 (+26.3%) | $2,200 – $2,468 | 6 |
| 1BR | $3,300 | +$1,100 (+50.0%) | +$1,555 (+89.1%) | $3,300 – $3,300 | 1 |
| 2BR | $3,605 | −$288 (-7.4%) | −$192 (-5.1%) | $3,508 – $3,703 | 2 |
| 2BR | $3,964 | +$71 (+1.8%) | +$167 (+4.4%) | $3,435 – $4,912 | 510 |
| 3BR | $14,226 | +$8,065 (+130.9%) | +$2,501 (+21.3%) | $5,198 – $15,092 | 41 |
| 3BR | $15,092 | +$8,931 (+145.0%) | +$3,367 (+28.7%) | $11,900 – $15,690 | 49 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — April 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,045 | $1,795 | +$250 (+13.9%) |
| Studio | $2,200 | $1,795 | +$405 (+22.6%) |
| 1BR | $2,204 | $2,095 | +$109 (+5.2%) |
| 1BR | $3,300 | $2,095 | +$1,205 (+57.5%) |
| 2BR | $3,605 | $2,833 | +$772 (+27.3%) |
| 2BR | $3,964 | $2,833 | +$1,131 (+39.9%) |
| 3BR | $14,226 | $3,950 | +$10,276 (+260.2%) |
| 3BR | $15,092 | $3,950 | +$11,142 (+282.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.