Monthly Rent Report
Downtown Rent Report — June 2024
Asking rents in ZIP 90015, Los Angeles, from 1,422 listings.
Median 1BR rent in Downtown was $1,900 in June 2024, down 31.1% (−$857) from May 2024 and down 33.2% year-over-year. The middle half of 1BR listings asked between $1,900 and $2,172. That puts Downtown $200 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 1,422 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,085 | −$2 (-0.1%) | −$113 (-5.2%) | $1,911 – $2,315 | 406 |
| Studio | $1,962 | −$125 (-6.0%) | −$236 (-10.8%) | $1,962 – $1,962 | 1 |
| 1BR | $1,900 | −$857 (-31.1%) | −$942 (-33.2%) | $1,900 – $2,172 | 9 |
| 1BR | $2,770 | +$13 (+0.5%) | −$72 (-2.6%) | $2,732 – $2,808 | 2 |
| 2BR | $4,035 | +$234 (+6.2%) | +$483 (+13.6%) | $3,876 – $4,195 | 2 |
| 2BR | $4,171 | +$370 (+9.7%) | +$618 (+17.4%) | $3,405 – $5,854 | 918 |
| 3BR | $3,849 | −$12,083 (-75.8%) | −$3,651 (-48.7%) | $3,849 – $3,849 | 1 |
| 3BR | $15,932 | $0 (0.0%) | +$8,432 (+112.4%) | $5,198 – $15,932 | 77 |
| 4BR | $4,400 | — | +$1,100 (+33.3%) | $4,198 – $7,577 | 3 |
| 4BR | $3,995 | — | +$695 (+21.1%) | $3,995 – $7,374 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — June 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,085 | $1,759 | +$326 (+18.6%) |
| Studio | $1,962 | $1,759 | +$203 (+11.6%) |
| 1BR | $1,900 | $2,100 | −$200 (-9.5%) |
| 1BR | $2,770 | $2,100 | +$670 (+31.9%) |
| 2BR | $4,035 | $2,885 | +$1,150 (+39.9%) |
| 2BR | $4,171 | $2,885 | +$1,286 (+44.6%) |
| 3BR | $3,849 | $3,900 | −$51 (-1.3%) |
| 3BR | $15,932 | $3,900 | +$12,032 (+308.5%) |
| 4BR | $4,400 | $5,000 | −$600 (-12.0%) |
| 4BR | $3,995 | $5,000 | −$1,005 (-20.1%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.