Monthly Rent Report
Downtown Rent Report — November 2024
Asking rents in ZIP 90015, Los Angeles, from 56 listings.
Median 1BR rent in Downtown was $2,532 in November 2024, up 15.1% (+$332) from October 2024 and down 0.4% year-over-year. The middle half of 1BR listings asked between $2,471 and $2,594. That puts Downtown $460 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 56 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,248 | +$363 (+41.0%) | −$353 (-22.1%) | $1,174 – $1,321 | 2 |
| Studio | $1,550 | +$665 (+75.1%) | −$51 (-3.2%) | $1,300 – $1,550 | 14 |
| 1BR | $2,532 | +$332 (+15.1%) | −$10 (-0.4%) | $2,471 – $2,594 | 2 |
| 1BR | $2,960 | +$760 (+34.5%) | +$418 (+16.4%) | $2,338 – $2,960 | 26 |
| 2BR | $3,397 | +$417 (+14.0%) | −$369 (-9.8%) | $3,052 – $4,311 | 6 |
| 2BR | $3,755 | +$775 (+26.0%) | −$11 (-0.3%) | $3,575 – $4,675 | 3 |
| 3BR | $4,782 | −$900 (-15.8%) | −$1,616 (-25.3%) | $4,541 – $5,022 | 2 |
| 4BR | $8,800 | −$200 (-2.2%) | — | $8,800 – $8,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — November 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,248 | $1,750 | −$502 (-28.7%) |
| Studio | $1,550 | $1,750 | −$200 (-11.4%) |
| 1BR | $2,532 | $2,073 | +$460 (+22.2%) |
| 1BR | $2,960 | $2,073 | +$888 (+42.8%) |
| 2BR | $3,397 | $2,850 | +$547 (+19.2%) |
| 2BR | $3,755 | $2,850 | +$905 (+31.8%) |
| 3BR | $4,782 | $3,895 | +$887 (+22.8%) |
| 4BR | $8,800 | $5,220 | +$3,581 (+68.6%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.