Monthly Rent Report
Echo Park Rent Report — October 2023
Asking rents in ZIP 90026, Los Angeles, from 79 listings.
Median 1BR rent in Echo Park was $1,960 in October 2023, down 10.7% (−$235) from September 2023 and down 18.3% year-over-year. The middle half of 1BR listings asked between $1,960 and $1,960. That puts Echo Park $38 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 79 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | −$277 (-14.8%) | −$320 (-16.7%) | $1,448 – $1,873 | 43 |
| Studio | $1,423 | −$450 (-24.0%) | −$492 (-25.7%) | $1,409 – $1,436 | 2 |
| 1BR | $1,960 | −$235 (-10.7%) | −$440 (-18.3%) | $1,960 – $1,960 | 1 |
| 1BR | $1,998 | −$197 (-9.0%) | −$402 (-16.8%) | $1,909 – $2,086 | 4 |
| 2BR | $2,673 | −$222 (-7.7%) | +$98 (+3.8%) | $2,661 – $2,684 | 2 |
| 2BR | $3,125 | +$230 (+7.9%) | +$550 (+21.4%) | $2,638 – $3,613 | 2 |
| 3BR | $5,875 | +$375 (+6.8%) | −$2,125 (-26.6%) | $5,563 – $6,188 | 2 |
| 3BR | $7,000 | +$1,500 (+27.3%) | −$1,000 (-12.5%) | $7,000 – $7,000 | 1 |
| 4BR | $6,450 | +$1,850 (+40.2%) | −$8,500 (-56.9%) | $6,450 – $6,450 | 1 |
| 4BR | $5,995 | +$1,395 (+30.3%) | −$8,955 (-59.9%) | $5,995 – $5,995 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — October 2023
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,700 | −$105 (-6.2%) |
| Studio | $1,423 | $1,700 | −$277 (-16.3%) |
| 1BR | $1,960 | $1,998 | −$37 (-1.9%) |
| 1BR | $1,998 | $1,998 | $0 (0.0%) |
| 2BR | $2,673 | $2,750 | −$77 (-2.8%) |
| 2BR | $3,125 | $2,750 | +$375 (+13.6%) |
| 3BR | $5,875 | $4,195 | +$1,680 (+40.0%) |
| 3BR | $7,000 | $4,195 | +$2,805 (+66.9%) |
| 4BR | $6,450 | $5,275 | +$1,175 (+22.3%) |
| 4BR | $5,995 | $5,275 | +$720 (+13.6%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.