Monthly Rent Report
Downtown Rent Report — December 2024
Asking rents in ZIP 90015, Los Angeles, from 53 listings.
Median 1BR rent in Downtown was $2,995 in December 2024, up 1.2% (+$35) from November 2024 and down 46.0% year-over-year. The middle half of 1BR listings asked between $2,525 and $3,000. That puts Downtown $928 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 53 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$100 (-6.5%) | +$5 (+0.3%) | $1,248 – $1,560 | 11 |
| Studio | $2,322 | +$772 (+49.8%) | +$877 (+60.7%) | $2,036 – $2,409 | 4 |
| 1BR | $2,995 | +$35 (+1.2%) | −$2,555 (-46.0%) | $2,525 – $3,000 | 17 |
| 1BR | $2,735 | −$225 (-7.6%) | −$2,815 (-50.7%) | $2,403 – $2,800 | 4 |
| 2BR | $6,000 | +$2,245 (+59.8%) | +$2,735 (+83.8%) | $3,999 – $7,600 | 4 |
| 2BR | $3,616 | −$139 (-3.7%) | +$351 (+10.7%) | $3,373 – $3,719 | 4 |
| 3BR | $3,800 | −$981 (-20.5%) | −$11,292 (-74.8%) | $3,800 – $3,800 | 6 |
| 3BR | $4,791 | +$10 (+0.2%) | −$10,301 (-68.3%) | $4,507 – $5,075 | 2 |
| 4BR | $8,600 | −$200 (-2.3%) | +$5,100 (+145.7%) | $8,600 – $8,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — December 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,725 | −$275 (-15.9%) |
| Studio | $2,322 | $1,725 | +$597 (+34.6%) |
| 1BR | $2,995 | $2,068 | +$928 (+44.9%) |
| 1BR | $2,735 | $2,068 | +$667 (+32.3%) |
| 2BR | $6,000 | $2,750 | +$3,250 (+118.2%) |
| 2BR | $3,616 | $2,750 | +$866 (+31.5%) |
| 3BR | $3,800 | $3,995 | −$195 (-4.9%) |
| 3BR | $4,791 | $3,995 | +$796 (+19.9%) |
| 4BR | $8,600 | $4,900 | +$3,700 (+75.5%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.