Monthly Rent Report
Downtown Rent Report — December 2022
Asking rents in ZIP 90017, Los Angeles, from 175 listings.
Median 1BR rent in Downtown was $2,490 in December 2022, down 21.0% (−$660) from November 2022 and down 17.8% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,905. That puts Downtown $398 above the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 175 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$441 (-20.6%) | −$115 (-6.3%) | $1,325 – $2,060 | 55 |
| Studio | $1,495 | −$646 (-30.2%) | −$320 (-17.6%) | $1,446 – $1,509 | 4 |
| 1BR | $2,490 | −$660 (-21.0%) | −$540 (-17.8%) | $2,200 – $2,905 | 53 |
| 1BR | $2,400 | −$750 (-23.8%) | −$630 (-20.8%) | $2,277 – $2,538 | 4 |
| 2BR | $2,993 | +$36 (+1.2%) | −$52 (-1.7%) | $2,884 – $3,324 | 11 |
| 2BR | $3,398 | +$441 (+14.9%) | +$353 (+11.6%) | $2,826 – $4,380 | 44 |
| 3BR | $5,471 | +$2,018 (+58.4%) | +$1,721 (+45.9%) | $5,286 – $5,471 | 3 |
| 3BR | $3,554 | +$101 (+2.9%) | −$196 (-5.2%) | $3,554 – $3,554 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — December 2022
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| Studio | $1,495 | $1,795 | −$300 (-16.7%) |
| 1BR | $2,490 | $2,093 | +$398 (+19.0%) |
| 1BR | $2,400 | $2,093 | +$307 (+14.7%) |
| 2BR | $2,993 | $2,795 | +$198 (+7.1%) |
| 2BR | $3,398 | $2,795 | +$603 (+21.6%) |
| 3BR | $5,471 | $4,145 | +$1,326 (+32.0%) |
| 3BR | $3,554 | $4,145 | −$591 (-14.3%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.