Monthly Rent Report
Downtown Rent Report — July 2024
Asking rents in ZIP 90015, Los Angeles, from 181 listings.
Median 1BR rent in Downtown was $2,464 in July 2024, up 29.7% (+$564) from June 2024 and down 11.6% year-over-year. The middle half of 1BR listings asked between $2,464 and $2,612. That puts Downtown $369 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 181 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,877 | +$915 (+46.6%) | +$93 (+3.3%) | $2,877 – $2,877 | 1 |
| Studio | $2,080 | +$118 (+6.0%) | −$704 (-25.3%) | $1,558 – $2,280 | 130 |
| 1BR | $2,464 | +$564 (+29.7%) | −$324 (-11.6%) | $2,464 – $2,612 | 3 |
| 1BR | $5,100 | +$3,200 (+168.4%) | +$2,312 (+82.9%) | $5,100 – $5,100 | 1 |
| 2BR | $14,999 | +$10,829 (+259.6%) | +$11,030 (+277.9%) | $14,999 – $14,999 | 2 |
| 2BR | $3,163 | −$1,007 (-24.2%) | −$806 (-20.3%) | $3,163 – $3,163 | 1 |
| 3BR | $15,932 | +$12,083 (+313.9%) | +$7,517 (+89.3%) | $10,000 – $15,932 | 35 |
| 3BR | $10,000 | +$6,151 (+159.8%) | +$1,585 (+18.8%) | $3,950 – $15,932 | 7 |
| 4BR | $8,413 | +$4,418 (+110.6%) | +$5,113 (+154.9%) | $8,413 – $8,413 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — July 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,877 | $1,778 | +$1,099 (+61.8%) |
| Studio | $2,080 | $1,778 | +$302 (+17.0%) |
| 1BR | $2,464 | $2,095 | +$369 (+17.6%) |
| 1BR | $5,100 | $2,095 | +$3,005 (+143.4%) |
| 2BR | $14,999 | $2,835 | +$12,164 (+429.1%) |
| 2BR | $3,163 | $2,835 | +$328 (+11.6%) |
| 3BR | $15,932 | $3,900 | +$12,032 (+308.5%) |
| 3BR | $10,000 | $3,900 | +$6,100 (+156.4%) |
| 4BR | $8,413 | $5,270 | +$3,143 (+59.6%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.