Monthly Rent Report
Downtown Rent Report — January 2023
Asking rents in ZIP 90017, Los Angeles, from 1,107 listings.
Median 1BR rent in Downtown was $2,788 in January 2023, up 16.2% (+$389) from December 2022 and up 17.1% year-over-year. The middle half of 1BR listings asked between $2,496 and $3,188. That puts Downtown $663 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 1,107 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,125 | +$425 (+25.0%) | +$930 (+77.8%) | $1,946 – $2,400 | 247 |
| Studio | $1,595 | −$105 (-6.2%) | +$400 (+33.5%) | $1,595 – $1,595 | 1 |
| 1BR | $2,788 | +$389 (+16.2%) | +$407 (+17.1%) | $2,496 – $3,188 | 453 |
| 1BR | $2,800 | +$401 (+16.7%) | +$419 (+17.6%) | $2,800 – $2,800 | 1 |
| 2BR | $3,304 | −$94 (-2.8%) | +$77 (+2.4%) | $2,865 – $4,050 | 378 |
| 2BR | $2,995 | −$403 (-11.9%) | −$232 (-7.2%) | $2,995 – $3,095 | 3 |
| 3BR | $5,100 | −$371 (-6.8%) | +$1,539 (+43.2%) | $4,011 – $6,685 | 21 |
| 3BR | $5,471 | $0 (0.0%) | +$1,910 (+53.6%) | $5,286 – $6,141 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — January 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,125 | $1,795 | +$330 (+18.4%) |
| Studio | $1,595 | $1,795 | −$200 (-11.1%) |
| 1BR | $2,788 | $2,125 | +$663 (+31.2%) |
| 1BR | $2,800 | $2,125 | +$675 (+31.8%) |
| 2BR | $3,304 | $2,861 | +$442 (+15.5%) |
| 2BR | $2,995 | $2,861 | +$134 (+4.7%) |
| 3BR | $5,100 | $3,848 | +$1,253 (+32.6%) |
| 3BR | $5,471 | $3,848 | +$1,624 (+42.2%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.