Monthly Rent Report
Downtown Rent Report — August 2022
Asking rents in ZIP 90017, Los Angeles, from 654 listings.
Median 1BR rent in Downtown was $2,454 in August 2022, down 9.1% (−$246) from July 2022 and down 1.6% year-over-year. The middle half of 1BR listings asked between $2,394 and $2,500. That puts Downtown $359 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 654 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,132 | +$832 (+64.0%) | +$342 (+19.1%) | $1,714 – $2,170 | 3 |
| Studio | $2,205 | +$905 (+69.6%) | +$415 (+23.2%) | $1,905 – $2,446 | 118 |
| 1BR | $2,454 | −$246 (-9.1%) | −$40 (-1.6%) | $2,394 – $2,500 | 7 |
| 1BR | $2,713 | +$13 (+0.5%) | +$219 (+8.8%) | $2,458 – $3,278 | 264 |
| 2BR | $3,236 | −$101 (-3.0%) | +$39 (+1.2%) | $2,900 – $4,000 | 231 |
| 2BR | $3,250 | −$87 (-2.6%) | +$53 (+1.6%) | $2,974 – $3,306 | 6 |
| 3BR | $4,951 | −$520 (-9.5%) | +$153 (+3.2%) | $4,571 – $7,570 | 17 |
| 3BR | $6,582 | +$1,111 (+20.3%) | +$1,784 (+37.2%) | $5,112 – $7,570 | 6 |
| 4BR | $6,000 | $0 (0.0%) | — | $6,000 – $6,000 | 1 |
| 4BR | $6,000 | $0 (0.0%) | — | $6,000 – $6,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — August 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,132 | $1,773 | +$360 (+20.3%) |
| Studio | $2,205 | $1,773 | +$433 (+24.4%) |
| 1BR | $2,454 | $2,095 | +$359 (+17.1%) |
| 1BR | $2,713 | $2,095 | +$618 (+29.5%) |
| 2BR | $3,236 | $2,880 | +$356 (+12.4%) |
| 2BR | $3,250 | $2,880 | +$370 (+12.8%) |
| 3BR | $4,951 | $3,795 | +$1,156 (+30.5%) |
| 3BR | $6,582 | $3,795 | +$2,787 (+73.4%) |
| 4BR | $6,000 | $5,200 | +$800 (+15.4%) |
| 4BR | $6,000 | $5,200 | +$800 (+15.4%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.