Monthly Rent Report
Echo Park Rent Report — March 2024
Asking rents in ZIP 90026, Los Angeles, from 868 listings.
Median 1BR rent in Echo Park was $2,430 in March 2024, up 1.5% (+$35) from February 2024 and up 5.9% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,750. That puts Echo Park $285 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 868 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$675 (+47.4%) | +$150 (+7.7%) | $1,650 – $2,300 | 166 |
| Studio | $1,850 | +$425 (+29.8%) | −$100 (-5.1%) | $1,625 – $1,850 | 3 |
| 1BR | $2,430 | +$35 (+1.5%) | +$135 (+5.9%) | $2,195 – $2,750 | 342 |
| 1BR | $2,095 | −$300 (-12.5%) | −$200 (-8.7%) | $1,995 – $2,095 | 7 |
| 2BR | $2,250 | −$345 (-13.3%) | −$1,150 (-33.8%) | $2,250 – $2,450 | 5 |
| 2BR | $3,295 | +$700 (+27.0%) | −$105 (-3.1%) | $2,800 – $3,600 | 245 |
| 3BR | $3,648 | +$73 (+2.0%) | −$852 (-18.9%) | $3,018 – $4,476 | 70 |
| 3BR | $2,800 | −$775 (-21.7%) | −$1,700 (-37.8%) | $2,800 – $2,800 | 1 |
| 4BR | $1,235 | −$5,265 (-81.0%) | −$3,562 (-74.3%) | $1,235 – $1,235 | 2 |
| 4BR | $1,350 | −$5,150 (-79.2%) | −$3,447 (-71.9%) | $1,350 – $1,350 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — March 2024
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $1,723 | +$378 (+21.9%) |
| Studio | $1,850 | $1,723 | +$128 (+7.4%) |
| 1BR | $2,430 | $2,145 | +$285 (+13.3%) |
| 1BR | $2,095 | $2,145 | −$50 (-2.3%) |
| 2BR | $2,250 | $2,850 | −$600 (-21.1%) |
| 2BR | $3,295 | $2,850 | +$445 (+15.6%) |
| 3BR | $3,648 | $3,762 | −$114 (-3.0%) |
| 3BR | $2,800 | $3,762 | −$962 (-25.6%) |
| 4BR | $1,235 | $4,950 | −$3,715 (-75.1%) |
| 4BR | $1,350 | $4,950 | −$3,600 (-72.7%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.