Monthly Rent Report
Downtown Rent Report — June 2022
Asking rents in ZIP 90017, Los Angeles, from 24 listings.
Median 1BR rent in Downtown was $2,605 in June 2022, down 12.8% (−$382) from May 2022 and up 20.8% year-over-year. The middle half of 1BR listings asked between $2,140 and $3,018. That puts Downtown $610 above the Los Angeles citywide 1BR median of $1,996. The month's figures are based on 24 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,664 | −$364 (-17.9%) | −$30 (-1.8%) | $1,482 – $1,846 | 2 |
| Studio | $1,395 | −$633 (-31.2%) | −$299 (-17.7%) | $1,395 – $1,395 | 1 |
| 1BR | $2,605 | −$382 (-12.8%) | +$449 (+20.8%) | $2,140 – $3,018 | 4 |
| 1BR | $2,383 | −$604 (-20.2%) | +$227 (+10.5%) | $2,360 – $2,437 | 6 |
| 2BR | $3,193 | −$34 (-1.1%) | +$213 (+7.1%) | $3,046 – $3,276 | 6 |
| 2BR | $2,640 | −$586 (-18.2%) | −$340 (-11.4%) | $2,615 – $2,665 | 2 |
| 3BR | $3,717 | +$48 (+1.3%) | +$206 (+5.9%) | $3,688 – $3,720 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — June 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,664 | $1,600 | +$64 (+4.0%) |
| Studio | $1,395 | $1,600 | −$205 (-12.8%) |
| 1BR | $2,605 | $1,996 | +$610 (+30.5%) |
| 1BR | $2,383 | $1,996 | +$388 (+19.4%) |
| 2BR | $3,193 | $2,800 | +$393 (+14.0%) |
| 2BR | $2,640 | $2,800 | −$160 (-5.7%) |
| 3BR | $3,717 | $4,150 | −$433 (-10.4%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in June 2022.