Monthly Rent Report
Echo Park Rent Report — May 2023
Asking rents in ZIP 90026, Los Angeles, from 604 listings.
Median 1BR rent in Echo Park was $2,395 in May 2023, up 4.1% (+$95) from April 2023 and up 4.1% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,495. That puts Echo Park $273 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 604 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,835 | −$388 (-17.5%) | +$436 (+31.2%) | $1,765 – $1,905 | 2 |
| Studio | $1,950 | −$273 (-12.3%) | +$551 (+39.4%) | $1,950 – $1,950 | 4 |
| Studio | $2,275 | +$52 (+2.3%) | +$876 (+62.6%) | $1,886 – $2,522 | 148 |
| 1BR | $2,395 | +$95 (+4.1%) | +$95 (+4.1%) | $2,350 – $2,495 | 5 |
| 1BR | $2,595 | +$295 (+12.8%) | +$295 (+12.8%) | $2,334 – $2,975 | 184 |
| 1BR | $2,395 | +$95 (+4.1%) | +$95 (+4.1%) | $2,395 – $2,395 | 1 |
| 2BR | $3,600 | −$25 (-0.7%) | +$428 (+13.5%) | $3,069 – $4,125 | 167 |
| 2BR | $2,645 | −$980 (-27.0%) | −$527 (-16.6%) | $2,598 – $2,645 | 3 |
| 2BR | $5,195 | +$1,570 (+43.3%) | +$2,023 (+63.8%) | $5,195 – $5,195 | 1 |
| 3BR | $3,943 | −$552 (-12.3%) | −$4,807 (-54.9%) | $3,270 – $4,686 | 68 |
| 3BR | $3,295 | −$1,200 (-26.7%) | −$5,455 (-62.3%) | $3,295 – $3,295 | 1 |
| 4BR | $3,950 | −$847 (-17.7%) | −$1,300 (-24.8%) | $3,950 – $3,950 | 1 |
| 4BR | $5,560 | +$763 (+15.9%) | +$310 (+5.9%) | $4,595 – $10,625 | 19 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — May 2023
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,835 | $1,750 | +$85 (+4.9%) |
| Studio | $1,950 | $1,750 | +$200 (+11.4%) |
| Studio | $2,275 | $1,750 | +$525 (+30.0%) |
| 1BR | $2,395 | $2,122 | +$273 (+12.9%) |
| 1BR | $2,595 | $2,122 | +$473 (+22.3%) |
| 1BR | $2,395 | $2,122 | +$273 (+12.9%) |
| 2BR | $3,600 | $2,780 | +$820 (+29.5%) |
| 2BR | $2,645 | $2,780 | −$135 (-4.9%) |
| 2BR | $5,195 | $2,780 | +$2,415 (+86.9%) |
| 3BR | $3,943 | $3,943 | $0 (0.0%) |
| 3BR | $3,295 | $3,943 | −$647 (-16.4%) |
| 4BR | $3,950 | $5,000 | −$1,050 (-21.0%) |
| 4BR | $5,560 | $5,000 | +$560 (+11.2%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.