Monthly Rent Report

Downtown Rent Report — April 2021

Asking rents in ZIP 90017, Los Angeles, from 1,279 listings.

Median 1BR rent in Downtown was $1,932 in April 2021, up 3.8% (+$72) from March 2021 and down 23.8% year-over-year. The middle half of 1BR listings asked between $1,851 and $2,020. That puts Downtown $137 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 1,279 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2021Vs. April 2020P25–P75 RangeListings
Studio$1,623+$23 (+1.4%)−$415 (-20.4%)$1,343 – $1,6296
Studio$1,744+$144 (+9.0%)−$294 (-14.4%)$1,616 – $1,869205
1BR$1,932+$72 (+3.8%)−$603 (-23.8%)$1,851 – $2,02017
1BR$2,018+$158 (+8.5%)−$517 (-20.4%)$1,887 – $2,597476
2BR$3,131+$336 (+12.0%)+$411 (+15.1%)$2,769 – $3,383547
2BR$2,643−$152 (-5.5%)−$77 (-2.8%)$2,595 – $2,7466
3BR$4,020−$730 (-15.4%)+$205 (+5.4%)$3,576 – $6,04821
3BR$3,476−$1,274 (-26.8%)−$339 (-8.9%)$3,476 – $3,4761

Median, P25, and P75 are asking rents from listings posted in April 2021. Changes compare against the nearest prior month with data.

Downtown vs. Los AngelesApril 2021

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$1,623$1,495+$128 (+8.5%)
Studio$1,744$1,495+$249 (+16.7%)
1BR$1,932$1,795+$137 (+7.6%)
1BR$2,018$1,795+$223 (+12.4%)
2BR$3,131$2,385+$746 (+31.3%)
2BR$2,643$2,385+$257 (+10.8%)
3BR$4,020$3,295+$725 (+22.0%)
3BR$3,476$3,295+$181 (+5.5%)

Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in April 2021.

Advertisement