Monthly Rent Report
Downtown Rent Report — June 2023
Asking rents in ZIP 90017, Los Angeles, from 374 listings.
Median 1BR rent in Downtown was $2,788 in June 2023, down 3.4% (−$99) from May 2023 and up 7.0% year-over-year. The middle half of 1BR listings asked between $2,255 and $3,563. That puts Downtown $688 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 374 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,128 | +$740 (+53.3%) | +$464 (+27.9%) | $2,073 – $2,199 | 10 |
| Studio | $1,989 | +$601 (+43.3%) | +$325 (+19.5%) | $1,575 – $2,270 | 74 |
| 1BR | $2,788 | −$99 (-3.4%) | +$183 (+7.0%) | $2,255 – $3,563 | 137 |
| 1BR | $2,105 | −$782 (-27.1%) | −$500 (-19.2%) | $2,060 – $2,220 | 33 |
| 2BR | $3,643 | +$674 (+22.7%) | +$450 (+14.1%) | $3,015 – $4,497 | 98 |
| 2BR | $3,950 | +$982 (+33.1%) | +$758 (+23.7%) | $3,950 – $3,950 | 1 |
| 3BR | $3,741 | −$1,730 (-31.6%) | +$24 (+0.6%) | $3,640 – $4,005 | 4 |
| 3BR | $5,286 | −$185 (-3.4%) | +$1,569 (+42.2%) | $4,457 – $5,576 | 15 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — June 2023
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,128 | $1,758 | +$370 (+21.0%) |
| Studio | $1,989 | $1,758 | +$231 (+13.1%) |
| 1BR | $2,788 | $2,100 | +$688 (+32.8%) |
| 1BR | $2,105 | $2,100 | +$5 (+0.2%) |
| 2BR | $3,643 | $2,900 | +$743 (+25.6%) |
| 2BR | $3,950 | $2,900 | +$1,050 (+36.2%) |
| 3BR | $3,741 | $3,850 | −$109 (-2.8%) |
| 3BR | $5,286 | $3,850 | +$1,436 (+37.3%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.