Monthly Rent Report
Echo Park Rent Report — July 2023
Asking rents in ZIP 90026, Los Angeles, from 213 listings.
Median 1BR rent in Echo Park was $2,345 in July 2023, up 5.4% (+$121) from June 2023 and down 11.4% year-over-year. The middle half of 1BR listings asked between $2,295 and $2,445. That puts Echo Park $220 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 213 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,240 | −$135 (-5.7%) | +$75 (+3.5%) | $1,818 – $2,655 | 55 |
| Studio | $1,950 | −$425 (-17.9%) | −$215 (-9.9%) | $1,950 – $1,950 | 1 |
| Studio | $1,995 | −$380 (-16.0%) | −$170 (-7.9%) | $1,995 – $1,995 | 1 |
| 1BR | $2,345 | +$121 (+5.4%) | −$302 (-11.4%) | $2,295 – $2,445 | 4 |
| 1BR | $2,393 | +$169 (+7.6%) | −$254 (-9.6%) | $2,392 – $2,394 | 2 |
| 1BR | $2,495 | +$271 (+12.2%) | −$152 (-5.8%) | $2,195 – $2,815 | 61 |
| 1BR | $3,000 | +$776 (+34.9%) | +$353 (+13.3%) | $2,475 – $3,038 | 6 |
| 2BR | $4,250 | +$701 (+19.7%) | +$1,150 (+37.1%) | $4,250 – $4,250 | 1 |
| 2BR | $4,650 | +$1,101 (+31.0%) | +$1,550 (+50.0%) | $4,650 – $4,650 | 1 |
| 2BR | $3,399 | −$150 (-4.2%) | +$299 (+9.6%) | $2,905 – $3,850 | 45 |
| 3BR | $3,675 | −$947 (-20.5%) | −$1,820 (-33.1%) | $2,625 – $4,947 | 27 |
| 3BR | $6,200 | +$1,578 (+34.1%) | +$705 (+12.8%) | $6,200 – $6,200 | 1 |
| 4BR | $4,000 | −$2,408 (-37.6%) | −$100 (-2.4%) | $4,000 – $4,000 | 1 |
| 4BR | $6,408 | $0 (0.0%) | +$2,308 (+56.3%) | $5,452 – $6,429 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — July 2023
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,240 | $1,800 | +$440 (+24.4%) |
| Studio | $1,950 | $1,800 | +$150 (+8.3%) |
| Studio | $1,995 | $1,800 | +$195 (+10.8%) |
| 1BR | $2,345 | $2,125 | +$220 (+10.4%) |
| 1BR | $2,393 | $2,125 | +$268 (+12.6%) |
| 1BR | $2,495 | $2,125 | +$370 (+17.4%) |
| 1BR | $3,000 | $2,125 | +$875 (+41.2%) |
| 2BR | $4,250 | $2,873 | +$1,377 (+47.9%) |
| 2BR | $4,650 | $2,873 | +$1,777 (+61.8%) |
| 2BR | $3,399 | $2,873 | +$526 (+18.3%) |
| 3BR | $3,675 | $3,836 | −$161 (-4.2%) |
| 3BR | $6,200 | $3,836 | +$2,364 (+61.6%) |
| 4BR | $4,000 | $4,572 | −$572 (-12.5%) |
| 4BR | $6,408 | $4,572 | +$1,836 (+40.2%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.