Monthly Rent Report
Downtown Rent Report — May 2022
Asking rents in ZIP 90017, Los Angeles, from 20 listings.
Median 1BR rent in Downtown was $2,352 in May 2022, down 24.1% (−$748) from April 2022 and up 14.3% year-over-year. The middle half of 1BR listings asked between $2,327 and $2,387. That puts Downtown $402 above the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 20 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,028 | $0 (0.0%) | +$231 (+12.8%) | $2,028 – $2,028 | 1 |
| Studio | $1,295 | −$733 (-36.1%) | −$502 (-28.0%) | $1,295 – $1,295 | 1 |
| 1BR | $2,352 | −$748 (-24.1%) | +$295 (+14.3%) | $2,327 – $2,387 | 9 |
| 1BR | $2,988 | −$112 (-3.6%) | +$931 (+45.2%) | $2,789 – $3,123 | 4 |
| 2BR | $3,227 | +$251 (+8.4%) | +$291 (+9.9%) | $3,186 – $3,348 | 4 |
| 3BR | $3,669 | +$246 (+7.2%) | +$89 (+2.5%) | $3,669 – $3,669 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — May 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,028 | $1,620 | +$408 (+25.2%) |
| Studio | $1,295 | $1,620 | −$325 (-20.1%) |
| 1BR | $2,352 | $1,950 | +$402 (+20.6%) |
| 1BR | $2,988 | $1,950 | +$1,038 (+53.2%) |
| 2BR | $3,227 | $2,800 | +$427 (+15.2%) |
| 3BR | $3,669 | $3,995 | −$326 (-8.2%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.