Monthly Rent Report
Echo Park Rent Report — May 2024
Asking rents in ZIP 90026, Los Angeles, from 1,237 listings.
Median 1BR rent in Echo Park was $2,273 in May 2024, down 3.3% (−$77) from April 2024 and down 12.4% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,375. That puts Echo Park $178 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 1,237 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$55 (-3.5%) | −$455 (-23.3%) | $1,395 – $1,629 | 4 |
| Studio | $2,225 | +$675 (+43.5%) | +$275 (+14.1%) | $1,695 – $2,310 | 213 |
| Studio | $1,995 | +$445 (+28.7%) | +$45 (+2.3%) | $1,995 – $1,995 | 1 |
| 1BR | $2,273 | −$77 (-3.3%) | −$322 (-12.4%) | $2,195 – $2,375 | 8 |
| 1BR | $2,395 | +$45 (+1.9%) | −$200 (-7.7%) | $2,150 – $2,600 | 455 |
| 1BR | $2,348 | −$2 (-0.1%) | −$247 (-9.5%) | $2,224 – $2,540 | 4 |
| 2BR | $3,250 | +$422 (+14.9%) | −$1,945 (-37.4%) | $2,623 – $3,795 | 354 |
| 2BR | $2,773 | −$55 (-2.0%) | −$2,422 (-46.6%) | $2,511 – $3,034 | 2 |
| 3BR | $4,150 | +$350 (+9.2%) | +$208 (+5.3%) | $3,538 – $5,995 | 140 |
| 3BR | $3,995 | +$195 (+5.1%) | +$53 (+1.3%) | $3,995 – $3,995 | 1 |
| 3BR | $15,000 | +$11,200 (+294.7%) | +$11,058 (+280.5%) | $15,000 – $15,000 | 1 |
| 4BR | $6,450 | −$200 (-3.0%) | +$2,500 (+63.3%) | $6,425 – $6,475 | 4 |
| 4BR | $8,098 | +$1,448 (+21.8%) | +$4,148 (+105.0%) | $4,900 – $9,000 | 32 |
| 4BR | $9,000 | +$2,350 (+35.3%) | +$5,050 (+127.8%) | $9,000 – $9,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — May 2024
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,795 | −$300 (-16.7%) |
| Studio | $2,225 | $1,795 | +$430 (+24.0%) |
| Studio | $1,995 | $1,795 | +$200 (+11.1%) |
| 1BR | $2,273 | $2,095 | +$178 (+8.5%) |
| 1BR | $2,395 | $2,095 | +$300 (+14.3%) |
| 1BR | $2,348 | $2,095 | +$253 (+12.1%) |
| 2BR | $3,250 | $2,850 | +$400 (+14.0%) |
| 2BR | $2,773 | $2,850 | −$77 (-2.7%) |
| 3BR | $4,150 | $3,969 | +$182 (+4.6%) |
| 3BR | $3,995 | $3,969 | +$27 (+0.7%) |
| 3BR | $15,000 | $3,969 | +$11,032 (+278.0%) |
| 4BR | $6,450 | $5,175 | +$1,275 (+24.6%) |
| 4BR | $8,098 | $5,175 | +$2,923 (+56.5%) |
| 4BR | $9,000 | $5,175 | +$3,825 (+73.9%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.