Monthly Rent Report
Downtown Rent Report — October 2022
Asking rents in ZIP 90017, Los Angeles, from 532 listings.
Median 1BR rent in Downtown was $2,390 in October 2022, down 13.6% (−$375) from September 2022 and up 2.8% year-over-year. The middle half of 1BR listings asked between $2,235 and $2,548. That puts Downtown $294 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 532 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,139 | −$144 (-6.3%) | +$22 (+1.0%) | $2,045 – $2,239 | 211 |
| Studio | $1,860 | −$423 (-18.5%) | −$257 (-12.1%) | $1,853 – $1,935 | 3 |
| 1BR | $2,390 | −$375 (-13.6%) | +$65 (+2.8%) | $2,235 – $2,548 | 301 |
| 1BR | $2,610 | −$155 (-5.6%) | +$285 (+12.3%) | $2,610 – $2,610 | 1 |
| 2BR | $2,917 | +$67 (+2.4%) | −$13 (-0.4%) | $2,916 – $3,037 | 3 |
| 2BR | $5,495 | +$2,645 (+92.8%) | +$2,565 (+87.5%) | $5,495 – $5,495 | 1 |
| 3BR | $4,600 | −$350 (-7.1%) | +$925 (+25.2%) | $4,350 – $4,600 | 3 |
| 3BR | $4,817 | −$133 (-2.7%) | +$1,142 (+31.1%) | $3,854 – $4,950 | 9 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — October 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,139 | $1,795 | +$344 (+19.2%) |
| Studio | $1,860 | $1,795 | +$65 (+3.6%) |
| 1BR | $2,390 | $2,096 | +$294 (+14.0%) |
| 1BR | $2,610 | $2,096 | +$514 (+24.5%) |
| 2BR | $2,917 | $2,900 | +$17 (+0.6%) |
| 2BR | $5,495 | $2,900 | +$2,595 (+89.5%) |
| 3BR | $4,600 | $3,948 | +$653 (+16.5%) |
| 3BR | $4,817 | $3,948 | +$870 (+22.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.