Monthly Rent Report
Downtown Rent Report — March 2021
Asking rents in ZIP 90017, Los Angeles, from 840 listings.
Median 1BR rent in Downtown was $1,978 in March 2021, up 6.9% (+$128) from February 2021 and down 22.3% year-over-year. The middle half of 1BR listings asked between $1,912 and $2,221. That puts Downtown $183 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 840 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. March 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$30 (+1.9%) | −$541 (-25.3%) | $1,520 – $1,715 | 11 |
| Studio | $1,715 | +$145 (+9.2%) | −$426 (-19.9%) | $1,653 – $1,859 | 135 |
| 1BR | $1,978 | +$128 (+6.9%) | −$567 (-22.3%) | $1,912 – $2,221 | 270 |
| 1BR | $1,861 | +$11 (+0.6%) | −$684 (-26.9%) | $1,766 – $1,870 | 28 |
| 2BR | $2,750 | +$273 (+11.0%) | −$50 (-1.8%) | $2,675 – $2,825 | 9 |
| 2BR | $2,795 | +$318 (+12.8%) | −$5 (-0.2%) | $2,585 – $3,000 | 371 |
| 3BR | $4,750 | +$372 (+8.5%) | +$878 (+22.7%) | $3,333 – $5,525 | 7 |
| 3BR | $4,750 | +$372 (+8.5%) | +$878 (+22.7%) | $3,406 – $6,300 | 9 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — March 2021
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,500 | +$100 (+6.7%) |
| Studio | $1,715 | $1,500 | +$215 (+14.3%) |
| 1BR | $1,978 | $1,795 | +$183 (+10.2%) |
| 1BR | $1,861 | $1,795 | +$66 (+3.6%) |
| 2BR | $2,750 | $2,450 | +$300 (+12.2%) |
| 2BR | $2,795 | $2,450 | +$345 (+14.1%) |
| 3BR | $4,750 | $3,375 | +$1,375 (+40.7%) |
| 3BR | $4,750 | $3,375 | +$1,375 (+40.7%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in March 2021.