Monthly Rent Report
Downtown Rent Report — October 2024
Asking rents in ZIP 90015, Los Angeles, from 71 listings.
Median 1BR rent in Downtown was $2,200 in October 2024, down 19.6% (−$535) from September 2024 and down 21.4% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Downtown $189 above the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 71 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $885 | −$510 (-36.6%) | −$510 (-36.6%) | $885 – $1,936 | 15 |
| Studio | $2,100 | +$705 (+50.5%) | +$705 (+50.5%) | $1,912 – $2,100 | 6 |
| 1BR | $2,200 | −$535 (-19.6%) | −$600 (-21.4%) | $2,200 – $2,200 | 5 |
| 1BR | $2,656 | −$80 (-2.9%) | −$144 (-5.2%) | $2,471 – $3,603 | 12 |
| 2BR | $2,980 | −$3,345 (-52.9%) | −$2,920 (-49.5%) | $2,675 – $4,100 | 27 |
| 2BR | $3,528 | −$2,797 (-44.2%) | −$2,372 (-40.2%) | $3,392 – $3,586 | 4 |
| 3BR | $5,682 | +$473 (+9.1%) | −$676 (-10.6%) | $5,682 – $5,682 | 1 |
| 4BR | $9,000 | — | — | $9,000 – $9,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — October 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $885 | $1,700 | −$815 (-47.9%) |
| Studio | $2,100 | $1,700 | +$400 (+23.5%) |
| 1BR | $2,200 | $2,011 | +$189 (+9.4%) |
| 1BR | $2,656 | $2,011 | +$644 (+32.0%) |
| 2BR | $2,980 | $2,727 | +$253 (+9.3%) |
| 2BR | $3,528 | $2,727 | +$801 (+29.4%) |
| 3BR | $5,682 | $3,816 | +$1,866 (+48.9%) |
| 4BR | $9,000 | $5,225 | +$3,775 (+72.2%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.