Monthly Rent Report
Echo Park Rent Report — July 2024
Asking rents in ZIP 90026, Los Angeles, from 141 listings.
Median 1BR rent in Echo Park was $2,548 in July 2024, up 7.3% (+$173) from June 2024 and down 15.1% year-over-year. The middle half of 1BR listings asked between $2,471 and $2,624. That puts Echo Park $453 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 141 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,773 | −$422 (-19.2%) | −$177 (-9.1%) | $1,711 – $1,834 | 2 |
| Studio | $1,975 | −$220 (-10.0%) | +$25 (+1.3%) | $1,975 – $1,975 | 1 |
| Studio | $2,225 | +$30 (+1.4%) | +$275 (+14.1%) | $1,969 – $2,603 | 108 |
| 1BR | $2,548 | +$173 (+7.3%) | −$452 (-15.1%) | $2,471 – $2,624 | 2 |
| 1BR | $2,350 | −$25 (-1.1%) | −$650 (-21.7%) | $2,250 – $2,395 | 5 |
| 1BR | $2,750 | +$375 (+15.8%) | −$250 (-8.3%) | $2,750 – $2,750 | 1 |
| 2BR | $2,595 | −$700 (-21.2%) | −$2,055 (-44.2%) | $2,595 – $2,682 | 3 |
| 2BR | $3,595 | +$300 (+9.1%) | −$1,055 (-22.7%) | $3,595 – $3,595 | 1 |
| 3BR | $2,790 | −$12,210 (-81.4%) | −$885 (-24.1%) | $2,790 – $2,790 | 5 |
| 3BR | $3,625 | −$11,375 (-75.8%) | −$50 (-1.4%) | $3,613 – $3,638 | 2 |
| 4BR | $7,995 | +$4,345 (+119.0%) | +$1,587 (+24.8%) | $5,825 – $11,098 | 7 |
| 4BR | $1,235 | −$2,415 (-66.2%) | −$5,173 (-80.7%) | $1,235 – $1,235 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — July 2024
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,773 | $1,778 | −$6 (-0.3%) |
| Studio | $1,975 | $1,778 | +$197 (+11.1%) |
| Studio | $2,225 | $1,778 | +$447 (+25.1%) |
| 1BR | $2,548 | $2,095 | +$453 (+21.6%) |
| 1BR | $2,350 | $2,095 | +$255 (+12.2%) |
| 1BR | $2,750 | $2,095 | +$655 (+31.3%) |
| 2BR | $2,595 | $2,835 | −$240 (-8.5%) |
| 2BR | $3,595 | $2,835 | +$760 (+26.8%) |
| 3BR | $2,790 | $3,900 | −$1,110 (-28.5%) |
| 3BR | $3,625 | $3,900 | −$275 (-7.1%) |
| 4BR | $7,995 | $5,270 | +$2,725 (+51.7%) |
| 4BR | $1,235 | $5,270 | −$4,035 (-76.6%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.