Monthly Rent Report

Downtown Rent Report — November 2022

Asking rents in ZIP 90017, Los Angeles, from 58 listings.

Median 1BR rent in Downtown was $2,354 in November 2022, down 1.5% (−$36) from October 2022 and up 6.5% year-over-year. The middle half of 1BR listings asked between $2,330 and $2,416. That puts Downtown $288 above the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 58 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2022Vs. November 2021P25–P75 RangeListings
Studio$1,295−$844 (-39.5%)−$579 (-30.9%)$1,295 – $1,2951
Studio$2,142+$3 (+0.1%)+$267 (+14.2%)$2,112 – $2,1684
1BR$2,354−$36 (-1.5%)+$144 (+6.5%)$2,330 – $2,4164
1BR$3,150+$760 (+31.8%)+$940 (+42.5%)$2,725 – $3,1503
2BR$2,957+$40 (+1.4%)−$93 (-3.0%)$2,919 – $3,11910
2BR$3,119+$202 (+6.9%)+$69 (+2.3%)$3,072 – $3,1644
3BR$4,838+$238 (+5.2%)+$1,031 (+27.1%)$4,318 – $5,47130
3BR$3,454−$1,146 (-24.9%)−$353 (-9.3%)$3,416 – $3,4912

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

Downtown vs. Los AngelesNovember 2022

BedroomsDowntown MedianLos Angeles Citywide MedianDifference
Studio$1,295$1,695−$400 (-23.6%)
Studio$2,142$1,695+$447 (+26.3%)
1BR$2,354$2,066+$288 (+13.9%)
1BR$3,150$2,066+$1,084 (+52.5%)
2BR$2,957$2,873+$85 (+2.9%)
2BR$3,119$2,873+$247 (+8.6%)
3BR$4,838$3,700+$1,138 (+30.8%)
3BR$3,454$3,700−$246 (-6.7%)

Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.

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