Monthly Rent Report
Downtown Rent Report — September 2024
Asking rents in ZIP 90015, Los Angeles, from 30 listings.
Median 1BR rent in Downtown was $2,736 in September 2024, up 0.6% (+$16) from August 2024 and down 2.1% year-over-year. The middle half of 1BR listings asked between $2,650 and $2,816. That puts Downtown $737 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 30 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$934 (-40.1%) | −$797 (-36.4%) | $1,395 – $1,395 | 1 |
| Studio | $1,395 | −$934 (-40.1%) | −$797 (-36.4%) | $1,395 – $1,395 | 1 |
| 1BR | $2,736 | +$16 (+0.6%) | −$59 (-2.1%) | $2,650 – $2,816 | 6 |
| 1BR | $1,590 | −$1,130 (-41.5%) | −$1,205 (-43.1%) | $1,590 – $2,700 | 13 |
| 2BR | $3,651 | −$416 (-10.2%) | −$54 (-1.5%) | $3,607 – $3,765 | 4 |
| 2BR | $6,325 | +$2,258 (+55.5%) | +$2,620 (+70.7%) | $5,200 – $7,388 | 4 |
| 3BR | $5,209 | −$1,791 (-25.6%) | −$9,671 (-65.0%) | $5,209 – $5,209 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — September 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,755 | −$360 (-20.5%) |
| Studio | $1,395 | $1,755 | −$360 (-20.5%) |
| 1BR | $2,736 | $1,999 | +$737 (+36.9%) |
| 1BR | $1,590 | $1,999 | −$408 (-20.4%) |
| 2BR | $3,651 | $2,795 | +$856 (+30.6%) |
| 2BR | $6,325 | $2,795 | +$3,530 (+126.3%) |
| 3BR | $5,209 | $3,850 | +$1,359 (+35.3%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.