Monthly Rent Report
Echo Park Rent Report — August 2023
Asking rents in ZIP 90026, Los Angeles, from 82 listings.
Median 1BR rent in Echo Park was $3,000 in August 2023, up 27.9% (+$655) from July 2023 and up 58.3% year-over-year. The middle half of 1BR listings asked between $3,000 and $3,000. That puts Echo Park $900 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 82 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | −$290 (-12.9%) | +$55 (+2.9%) | $1,950 – $1,950 | 1 |
| Studio | $1,840 | −$400 (-17.9%) | −$55 (-2.9%) | $1,840 – $1,840 | 3 |
| Studio | $1,607 | −$633 (-28.3%) | −$288 (-15.2%) | $1,513 – $1,701 | 2 |
| 1BR | $3,000 | +$655 (+27.9%) | +$1,105 (+58.3%) | $3,000 – $3,000 | 1 |
| 1BR | $2,350 | +$5 (+0.2%) | +$455 (+24.0%) | $2,350 – $2,350 | 1 |
| 1BR | $2,173 | −$172 (-7.4%) | +$278 (+14.6%) | $2,032 – $2,313 | 8 |
| 1BR | $1,960 | −$385 (-16.4%) | +$65 (+3.4%) | $1,958 – $1,960 | 4 |
| 2BR | $3,501 | +$102 (+3.0%) | +$901 (+34.7%) | $3,086 – $4,043 | 32 |
| 2BR | $3,850 | +$451 (+13.3%) | +$1,250 (+48.1%) | $3,850 – $3,850 | 1 |
| 3BR | $6,850 | +$650 (+10.5%) | +$3,278 (+91.8%) | $6,850 – $6,850 | 1 |
| 3BR | $2,625 | −$3,575 (-57.7%) | −$947 (-26.5%) | $2,625 – $4,579 | 9 |
| 4BR | $4,300 | +$300 (+7.5%) | −$3,650 (-45.9%) | $4,300 – $4,300 | 1 |
| 4BR | $5,079 | +$1,079 (+27.0%) | −$2,871 (-36.1%) | $4,415 – $5,744 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — August 2023
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,775 | +$175 (+9.9%) |
| Studio | $1,840 | $1,775 | +$65 (+3.7%) |
| Studio | $1,607 | $1,775 | −$168 (-9.5%) |
| 1BR | $3,000 | $2,100 | +$900 (+42.9%) |
| 1BR | $2,350 | $2,100 | +$250 (+11.9%) |
| 1BR | $2,173 | $2,100 | +$73 (+3.5%) |
| 1BR | $1,960 | $2,100 | −$140 (-6.7%) |
| 2BR | $3,501 | $2,895 | +$606 (+20.9%) |
| 2BR | $3,850 | $2,895 | +$955 (+33.0%) |
| 3BR | $6,850 | $3,897 | +$2,953 (+75.8%) |
| 3BR | $2,625 | $3,897 | −$1,272 (-32.6%) |
| 4BR | $4,300 | $5,163 | −$862 (-16.7%) |
| 4BR | $5,079 | $5,163 | −$83 (-1.6%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.