Monthly Rent Report
Echo Park Rent Report — January 2024
Asking rents in ZIP 90026, Los Angeles, from 363 listings.
Median 1BR rent in Echo Park was $2,395 in January 2024, down 4.0% (−$100) from December 2023 and up 1.9% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,756. That puts Echo Park $299 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 363 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,885 | +$360 (+23.6%) | −$365 (-16.2%) | $1,637 – $2,100 | 44 |
| Studio | $1,550 | +$25 (+1.6%) | −$700 (-31.1%) | $1,550 – $1,550 | 1 |
| 1BR | $2,395 | −$100 (-4.0%) | +$45 (+1.9%) | $2,095 – $2,756 | 140 |
| 1BR | $2,245 | −$250 (-10.0%) | −$105 (-4.5%) | $2,059 – $2,395 | 4 |
| 1BR | $2,129 | −$366 (-14.7%) | −$221 (-9.4%) | $2,129 – $2,129 | 1 |
| 2BR | $3,150 | +$650 (+26.0%) | −$250 (-7.4%) | $2,800 – $3,895 | 97 |
| 2BR | $2,800 | +$300 (+12.0%) | −$600 (-17.6%) | $2,800 – $2,800 | 1 |
| 2BR | $3,870 | +$1,370 (+54.8%) | +$470 (+13.8%) | $3,308 – $4,433 | 2 |
| 3BR | $3,500 | +$505 (+16.9%) | −$800 (-18.6%) | $3,500 – $3,500 | 1 |
| 3BR | $3,795 | +$800 (+26.7%) | −$505 (-11.7%) | $3,500 – $4,550 | 47 |
| 4BR | $3,850 | +$860 (+28.8%) | −$5,950 (-60.7%) | $3,850 – $3,850 | 1 |
| 4BR | $7,500 | +$4,510 (+150.8%) | −$2,300 (-23.5%) | $5,075 – $8,875 | 22 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — January 2024
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,885 | $1,750 | +$135 (+7.7%) |
| Studio | $1,550 | $1,750 | −$200 (-11.4%) |
| 1BR | $2,395 | $2,097 | +$299 (+14.2%) |
| 1BR | $2,245 | $2,097 | +$149 (+7.1%) |
| 1BR | $2,129 | $2,097 | +$33 (+1.6%) |
| 2BR | $3,150 | $2,795 | +$355 (+12.7%) |
| 2BR | $2,800 | $2,795 | +$5 (+0.2%) |
| 2BR | $3,870 | $2,795 | +$1,075 (+38.5%) |
| 3BR | $3,500 | $3,950 | −$450 (-11.4%) |
| 3BR | $3,795 | $3,950 | −$155 (-3.9%) |
| 4BR | $3,850 | $5,200 | −$1,350 (-26.0%) |
| 4BR | $7,500 | $5,200 | +$2,300 (+44.2%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.