Monthly Rent Report
Echo Park Rent Report — March 2023
Asking rents in ZIP 90026, Los Angeles, from 885 listings.
Median 1BR rent in Echo Park was $2,499 in March 2023, up 5.3% (+$127) from February 2023 and up 5.6% year-over-year. The middle half of 1BR listings asked between $2,153 and $2,799. That puts Echo Park $402 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 885 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | −$505 (-22.0%) | +$495 (+38.1%) | $1,795 – $1,795 | 1 |
| Studio | $1,950 | −$350 (-15.2%) | +$650 (+50.0%) | $1,950 – $1,950 | 5 |
| Studio | $2,032 | −$268 (-11.7%) | +$732 (+56.3%) | $1,695 – $2,377 | 186 |
| 1BR | $2,499 | +$127 (+5.3%) | +$132 (+5.6%) | $2,153 – $2,799 | 286 |
| 1BR | $2,295 | −$77 (-3.3%) | −$72 (-3.1%) | $2,295 – $2,295 | 1 |
| 1BR | $2,350 | −$22 (-0.9%) | −$17 (-0.7%) | $2,350 – $2,350 | 2 |
| 2BR | $2,658 | −$500 (-15.8%) | −$317 (-10.7%) | $2,590 – $2,727 | 2 |
| 2BR | $3,400 | +$242 (+7.7%) | +$425 (+14.3%) | $2,670 – $3,995 | 253 |
| 3BR | $4,073 | −$127 (-3.0%) | −$1,922 (-32.1%) | $3,111 – $5,034 | 2 |
| 3BR | $4,500 | +$300 (+7.1%) | −$1,495 (-24.9%) | $3,895 – $5,400 | 89 |
| 4BR | $5,995 | +$2,095 (+53.7%) | +$1,970 (+48.9%) | $5,995 – $5,995 | 1 |
| 4BR | $4,798 | +$898 (+23.0%) | +$773 (+19.2%) | $4,500 – $7,000 | 40 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — March 2023
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,745 | +$50 (+2.9%) |
| Studio | $1,950 | $1,745 | +$205 (+11.7%) |
| Studio | $2,032 | $1,745 | +$287 (+16.4%) |
| 1BR | $2,499 | $2,097 | +$402 (+19.2%) |
| 1BR | $2,295 | $2,097 | +$198 (+9.5%) |
| 1BR | $2,350 | $2,097 | +$253 (+12.1%) |
| 2BR | $2,658 | $2,750 | −$92 (-3.3%) |
| 2BR | $3,400 | $2,750 | +$650 (+23.6%) |
| 3BR | $4,073 | $3,923 | +$150 (+3.8%) |
| 3BR | $4,500 | $3,923 | +$578 (+14.7%) |
| 4BR | $5,995 | $4,760 | +$1,235 (+25.9%) |
| 4BR | $4,798 | $4,760 | +$38 (+0.8%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.