Monthly Rent Report
Downtown Rent Report — May 2021
Asking rents in ZIP 90017, Los Angeles, from 1,212 listings.
Median 1BR rent in Downtown was $2,090 in May 2021, up 8.2% (+$158) from April 2021 and down 9.9% year-over-year. The middle half of 1BR listings asked between $1,975 and $2,245. That puts Downtown $292 above the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 1,212 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,752 | +$130 (+8.0%) | −$291 (-14.2%) | $1,639 – $1,859 | 182 |
| Studio | $1,798 | +$175 (+10.8%) | −$245 (-12.0%) | $1,649 – $1,892 | 10 |
| 1BR | $2,090 | +$158 (+8.2%) | −$230 (-9.9%) | $1,975 – $2,245 | 17 |
| 1BR | $2,057 | +$125 (+6.5%) | −$263 (-11.3%) | $1,937 – $2,352 | 437 |
| 2BR | $2,936 | −$195 (-6.2%) | +$139 (+5.0%) | $2,632 – $3,354 | 540 |
| 2BR | $2,763 | −$368 (-11.8%) | −$35 (-1.3%) | $2,659 – $2,890 | 12 |
| 3BR | $3,580 | +$104 (+3.0%) | −$187 (-5.0%) | $3,580 – $3,580 | 1 |
| 3BR | $4,750 | +$1,274 (+36.7%) | +$983 (+26.1%) | $3,511 – $6,300 | 13 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — May 2021
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,752 | $1,521 | +$231 (+15.2%) |
| Studio | $1,798 | $1,521 | +$277 (+18.2%) |
| 1BR | $2,090 | $1,798 | +$292 (+16.2%) |
| 1BR | $2,057 | $1,798 | +$259 (+14.4%) |
| 2BR | $2,936 | $2,450 | +$486 (+19.8%) |
| 2BR | $2,763 | $2,450 | +$313 (+12.8%) |
| 3BR | $3,580 | $3,295 | +$285 (+8.6%) |
| 3BR | $4,750 | $3,295 | +$1,455 (+44.2%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.