Monthly Rent Report
Downtown Rent Report — August 2021
Asking rents in ZIP 90017, Los Angeles, from 936 listings.
Median 1BR rent in Downtown was $2,494 in August 2021, up 8.2% (+$189) from July 2021 and up 0.4% year-over-year. The middle half of 1BR listings asked between $2,382 and $2,689. That puts Downtown $632 above the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 936 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,037 | +$157 (+8.4%) | +$137 (+7.2%) | $1,937 – $2,158 | 151 |
| Studio | $1,790 | −$90 (-4.8%) | −$110 (-5.8%) | $1,710 – $1,839 | 8 |
| 1BR | $2,494 | +$189 (+8.2%) | +$10 (+0.4%) | $2,382 – $2,689 | 322 |
| 1BR | $2,181 | −$124 (-5.4%) | −$303 (-12.2%) | $2,131 – $2,299 | 16 |
| 2BR | $3,198 | +$63 (+2.0%) | +$513 (+19.1%) | $3,053 – $3,485 | 414 |
| 2BR | $2,700 | −$435 (-13.9%) | +$15 (+0.6%) | $2,543 – $2,813 | 15 |
| 3BR | $4,798 | +$1,036 (+27.5%) | +$1,233 (+34.6%) | $3,915 – $6,520 | 6 |
| 3BR | $3,793 | +$31 (+0.8%) | +$228 (+6.4%) | $3,740 – $3,821 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — August 2021
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,037 | $1,549 | +$489 (+31.5%) |
| Studio | $1,790 | $1,549 | +$242 (+15.6%) |
| 1BR | $2,494 | $1,863 | +$632 (+33.9%) |
| 1BR | $2,181 | $1,863 | +$319 (+17.1%) |
| 2BR | $3,198 | $2,680 | +$518 (+19.3%) |
| 2BR | $2,700 | $2,680 | +$20 (+0.7%) |
| 3BR | $4,798 | $3,595 | +$1,203 (+33.5%) |
| 3BR | $3,793 | $3,595 | +$198 (+5.5%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.