Monthly Rent Report
Downtown Rent Report — April 2023
Asking rents in ZIP 90017, Los Angeles, from 996 listings.
Median 1BR rent in Downtown was $2,980 in April 2023, flat versus March 2023 and up 27.0% year-over-year. The middle half of 1BR listings asked between $2,491 and $3,765. That puts Downtown $883 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 996 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,090 | −$210 (-9.1%) | +$62 (+3.1%) | $1,450 – $2,468 | 228 |
| Studio | $1,313 | −$987 (-42.9%) | −$715 (-35.3%) | $1,294 – $1,331 | 2 |
| 1BR | $2,980 | $0 (0.0%) | +$633 (+27.0%) | $2,491 – $3,765 | 415 |
| 1BR | $1,750 | −$1,230 (-41.3%) | −$597 (-25.4%) | $1,750 – $1,750 | 1 |
| 2BR | $2,685 | −$310 (-10.4%) | −$291 (-9.8%) | $2,685 – $2,685 | 1 |
| 2BR | $3,888 | +$893 (+29.8%) | +$912 (+30.6%) | $3,105 – $5,012 | 305 |
| 3BR | $5,286 | +$186 (+3.6%) | +$1,863 (+54.4%) | $3,808 – $6,189 | 42 |
| 3BR | $3,772 | −$1,328 (-26.0%) | +$349 (+10.2%) | $3,735 – $3,808 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — April 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,090 | $1,775 | +$315 (+17.7%) |
| Studio | $1,313 | $1,775 | −$462 (-26.1%) |
| 1BR | $2,980 | $2,097 | +$883 (+42.1%) |
| 1BR | $1,750 | $2,097 | −$347 (-16.5%) |
| 2BR | $2,685 | $2,795 | −$110 (-3.9%) |
| 2BR | $3,888 | $2,795 | +$1,093 (+39.1%) |
| 3BR | $5,286 | $3,895 | +$1,391 (+35.7%) |
| 3BR | $3,772 | $3,895 | −$123 (-3.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.