Monthly Rent Report
Downtown Rent Report — November 2024
Asking rents in ZIP 90017, Los Angeles, from 29 listings.
Median 1BR rent in Downtown was $2,393 in November 2024, up 59.5% (+$893) from October 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $2,374 and $2,475. That puts Downtown $321 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 29 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,637 | −$8 (-0.5%) | +$187 (+12.9%) | $1,272 – $2,033 | 4 |
| Studio | $2,100 | +$455 (+27.7%) | +$650 (+44.8%) | $1,819 – $2,125 | 4 |
| 1BR | $2,393 | +$893 (+59.5%) | $0 (0.0%) | $2,374 – $2,475 | 5 |
| 1BR | $2,150 | +$650 (+43.3%) | −$243 (-10.2%) | $1,620 – $2,950 | 9 |
| 2BR | $3,195 | −$655 (-17.0%) | +$1,920 (+150.6%) | $3,195 – $3,195 | 2 |
| 2BR | $2,995 | −$855 (-22.2%) | +$1,720 (+134.9%) | $2,995 – $2,995 | 1 |
| 3BR | $3,374 | −$348 (-9.3%) | −$799 (-19.1%) | $3,374 – $3,374 | 1 |
| 4BR | $1,320 | $0 (0.0%) | — | $1,320 – $1,320 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — November 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,637 | $1,750 | −$113 (-6.5%) |
| Studio | $2,100 | $1,750 | +$350 (+20.0%) |
| 1BR | $2,393 | $2,073 | +$321 (+15.5%) |
| 1BR | $2,150 | $2,073 | +$78 (+3.7%) |
| 2BR | $3,195 | $2,850 | +$345 (+12.1%) |
| 2BR | $2,995 | $2,850 | +$145 (+5.1%) |
| 3BR | $3,374 | $3,895 | −$521 (-13.4%) |
| 4BR | $1,320 | $5,220 | −$3,899 (-74.7%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.