Monthly Rent Report

Downtown Rent Report — February 2022

Asking rents in ZIP 90017, Los Angeles, from 8 listings.

Median 1BR rent in Downtown was $1,295 in February 2022, down 45.6% (−$1,086) from January 2022 and down 42.3% year-over-year. The middle half of 1BR listings asked between $1,295 and $1,295. That puts Downtown $700 below the Los Angeles citywide 1BR median of $1,995. The month's figures are based on 8 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2022Vs. February 2021P25–P75 RangeListings
Studio$1,195$0 (0.0%)−$508 (-29.8%)$1,195 – $1,1951
1BR$1,295−$1,086 (-45.6%)−$950 (-42.3%)$1,295 – $1,2951
1BR$1,747−$634 (-26.6%)−$498 (-22.2%)$1,747 – $1,7471
2BR$2,300−$927 (-28.7%)−$177 (-7.2%)$2,300 – $2,3001
3BR$3,491−$70 (-2.0%)−$887 (-20.3%)$3,485 – $3,5383
4BR$2,850$0 (0.0%)$2,850 – $2,8501

Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.

Downtown vs. Los AngelesFebruary 2022

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$1,195$1,500−$305 (-20.3%)
1BR$1,295$1,995−$700 (-35.1%)
1BR$1,747$1,995−$248 (-12.4%)
2BR$2,300$2,675−$375 (-14.0%)
3BR$3,491$3,700−$209 (-5.6%)
4BR$2,850$4,695−$1,845 (-39.3%)

Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in February 2022.

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