Monthly Rent Report
Downtown Rent Report — September 2024
Asking rents in ZIP 90017, Los Angeles, from 13 listings.
Median 1BR rent in Downtown was $2,195 in September 2024, down 7.4% (−$174) from August 2024 and down 5.8% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,295. That puts Downtown $197 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 13 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,210 | −$89 (-6.9%) | −$998 (-45.2%) | $1,018 – $1,403 | 2 |
| 1BR | $2,195 | −$174 (-7.4%) | −$134 (-5.8%) | $2,095 – $2,295 | 2 |
| 2BR | $2,150 | $0 (0.0%) | −$1,262 (-37.0%) | $2,150 – $2,150 | 1 |
| 3BR | $3,907 | +$477 (+13.9%) | −$433 (-10.0%) | $3,862 – $3,951 | 2 |
| 4BR | $3,050 | +$1,583 (+107.9%) | — | $2,618 – $3,050 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — September 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,210 | $1,755 | −$545 (-31.1%) |
| 1BR | $2,195 | $1,999 | +$197 (+9.8%) |
| 2BR | $2,150 | $2,795 | −$645 (-23.1%) |
| 3BR | $3,907 | $3,850 | +$57 (+1.5%) |
| 4BR | $3,050 | $4,995 | −$1,945 (-38.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.