Monthly Rent Report
Downtown Rent Report — December 2024
Asking rents in ZIP 90017, Los Angeles, from 65 listings.
Median 1BR rent in Downtown was $2,424 in December 2024, up 1.3% (+$31) from November 2024 and up 8.0% year-over-year. The middle half of 1BR listings asked between $2,424 and $2,424. That puts Downtown $357 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 65 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,485 | −$152 (-9.3%) | +$102 (+7.4%) | $1,187 – $1,699 | 12 |
| Studio | $1,335 | −$302 (-18.5%) | −$48 (-3.5%) | $1,017 – $1,652 | 2 |
| 1BR | $2,424 | +$31 (+1.3%) | +$179 (+8.0%) | $2,424 – $2,424 | 1 |
| 1BR | $2,407 | +$14 (+0.6%) | +$162 (+7.2%) | $2,407 – $2,938 | 18 |
| 2BR | $3,195 | $0 (0.0%) | −$4,105 (-56.2%) | $2,473 – $3,875 | 19 |
| 2BR | $3,095 | −$100 (-3.1%) | −$4,205 (-57.6%) | $3,095 – $3,095 | 1 |
| 3BR | $1,184 | −$2,190 (-64.9%) | −$2,977 (-71.5%) | $1,184 – $3,695 | 5 |
| 3BR | $3,218 | −$156 (-4.6%) | −$943 (-22.7%) | $3,218 – $3,218 | 1 |
| 4BR | $1,320 | $0 (0.0%) | — | $1,320 – $1,320 | 3 |
| 4BR | $1,320 | $0 (0.0%) | — | $1,320 – $1,320 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Downtown vs. Los Angeles — December 2024
| Bedrooms | Downtown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,485 | $1,725 | −$240 (-13.9%) |
| Studio | $1,335 | $1,725 | −$390 (-22.6%) |
| 1BR | $2,424 | $2,068 | +$357 (+17.2%) |
| 1BR | $2,407 | $2,068 | +$340 (+16.4%) |
| 2BR | $3,195 | $2,750 | +$445 (+16.2%) |
| 2BR | $3,095 | $2,750 | +$345 (+12.5%) |
| 3BR | $1,184 | $3,995 | −$2,811 (-70.4%) |
| 3BR | $3,218 | $3,995 | −$777 (-19.4%) |
| 4BR | $1,320 | $4,900 | −$3,580 (-73.1%) |
| 4BR | $1,320 | $4,900 | −$3,580 (-73.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.