Monthly Rent Report
Echo Park Rent Report — December 2023
Asking rents in ZIP 90026, Los Angeles, from 54 listings.
Median 1BR rent in Echo Park was $2,495 in December 2023, up 4.2% (+$100) from November 2023 and down 0.2% year-over-year. The middle half of 1BR listings asked between $1,745 and $2,548. That puts Echo Park $366 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 54 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,525 | −$370 (-19.5%) | +$175 (+13.0%) | $1,488 – $1,563 | 2 |
| Studio | $1,625 | −$270 (-14.3%) | +$275 (+20.3%) | $1,449 – $1,650 | 6 |
| 1BR | $2,495 | +$100 (+4.2%) | −$5 (-0.2%) | $1,745 – $2,548 | 15 |
| 1BR | $2,825 | +$430 (+18.0%) | +$325 (+13.0%) | $2,788 – $2,863 | 2 |
| 1BR | $2,129 | −$266 (-11.1%) | −$371 (-14.8%) | $2,129 – $2,129 | 1 |
| 2BR | $2,900 | −$464 (-13.8%) | −$1,019 (-26.0%) | $2,850 – $3,400 | 11 |
| 2BR | $2,500 | −$864 (-25.7%) | −$1,419 (-36.2%) | $2,450 – $3,300 | 5 |
| 3BR | $2,995 | −$1,705 (-36.3%) | −$1,600 (-34.8%) | $2,748 – $2,995 | 3 |
| 3BR | $4,000 | −$700 (-14.9%) | −$595 (-12.9%) | $4,000 – $4,000 | 1 |
| 4BR | $2,890 | −$6,060 (-67.7%) | −$2,605 (-47.4%) | $2,890 – $2,890 | 1 |
| 4BR | $2,990 | −$5,960 (-66.6%) | −$2,505 (-45.6%) | $2,990 – $8,750 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — December 2023
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,525 | $1,750 | −$225 (-12.9%) |
| Studio | $1,625 | $1,750 | −$125 (-7.2%) |
| 1BR | $2,495 | $2,129 | +$366 (+17.2%) |
| 1BR | $2,825 | $2,129 | +$696 (+32.7%) |
| 1BR | $2,129 | $2,129 | $0 (0.0%) |
| 2BR | $2,900 | $2,795 | +$105 (+3.8%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 3BR | $2,995 | $3,923 | −$927 (-23.6%) |
| 3BR | $4,000 | $3,923 | +$78 (+2.0%) |
| 4BR | $2,890 | $4,750 | −$1,860 (-39.2%) |
| 4BR | $2,990 | $4,750 | −$1,760 (-37.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.