Monthly Rent Report
Echo Park Rent Report — June 2023
Asking rents in ZIP 90026, Los Angeles, from 252 listings.
Median 1BR rent in Echo Park was $3,050 in June 2023, up 27.3% (+$655) from May 2023 and up 56.8% year-over-year. The middle half of 1BR listings asked between $3,000 and $3,200. That puts Echo Park $950 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 252 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,375 | +$540 (+29.4%) | +$450 (+23.4%) | $1,974 – $2,736 | 65 |
| Studio | $1,975 | +$140 (+7.6%) | +$50 (+2.6%) | $1,975 – $2,695 | 5 |
| Studio | $1,950 | +$115 (+6.3%) | +$25 (+1.3%) | $1,950 – $1,950 | 1 |
| 1BR | $3,050 | +$655 (+27.3%) | +$1,105 (+56.8%) | $3,000 – $3,200 | 8 |
| 1BR | $2,350 | −$45 (-1.9%) | +$405 (+20.8%) | $2,284 – $2,395 | 8 |
| 1BR | $2,100 | −$295 (-12.3%) | +$155 (+8.0%) | $2,100 – $2,100 | 1 |
| 1BR | $2,224 | −$171 (-7.1%) | +$279 (+14.3%) | $2,171 – $2,289 | 4 |
| 2BR | $4,797 | +$2,152 (+81.4%) | −$703 (-12.8%) | $3,696 – $5,898 | 2 |
| 2BR | $4,700 | +$2,055 (+77.7%) | −$800 (-14.5%) | $4,625 – $4,700 | 4 |
| 2BR | $3,550 | +$905 (+34.2%) | −$1,950 (-35.5%) | $3,095 – $4,465 | 90 |
| 3BR | $3,948 | +$5 (+0.1%) | −$2,550 (-39.2%) | $2,625 – $4,771 | 54 |
| 3BR | $4,623 | +$680 (+17.2%) | −$1,875 (-28.9%) | $4,136 – $5,109 | 2 |
| 4BR | $6,408 | +$848 (+15.3%) | −$567 (-8.1%) | $5,780 – $9,248 | 7 |
| 4BR | $6,450 | +$890 (+16.0%) | −$525 (-7.5%) | $6,450 – $6,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — June 2023
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,375 | $1,758 | +$617 (+35.1%) |
| Studio | $1,975 | $1,758 | +$217 (+12.3%) |
| Studio | $1,950 | $1,758 | +$192 (+10.9%) |
| 1BR | $3,050 | $2,100 | +$950 (+45.2%) |
| 1BR | $2,350 | $2,100 | +$250 (+11.9%) |
| 1BR | $2,100 | $2,100 | $0 (0.0%) |
| 1BR | $2,224 | $2,100 | +$124 (+5.9%) |
| 2BR | $4,797 | $2,900 | +$1,897 (+65.4%) |
| 2BR | $4,700 | $2,900 | +$1,800 (+62.1%) |
| 2BR | $3,550 | $2,900 | +$650 (+22.4%) |
| 3BR | $3,948 | $3,850 | +$98 (+2.5%) |
| 3BR | $4,623 | $3,850 | +$773 (+20.1%) |
| 4BR | $6,408 | $5,100 | +$1,308 (+25.6%) |
| 4BR | $6,450 | $5,100 | +$1,350 (+26.5%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.