Monthly Rent Report
Echo Park Rent Report — August 2024
Asking rents in ZIP 90026, Los Angeles, from 42 listings.
Median 1BR rent in Echo Park was $2,300 in August 2024, down 16.4% (−$450) from July 2024 and down 2.1% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,300. That puts Echo Park $205 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 42 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,425 | −$348 (-19.6%) | −$182 (-11.4%) | $1,412 – $1,437 | 2 |
| 1BR | $2,300 | −$450 (-16.4%) | −$50 (-2.1%) | $2,195 – $2,300 | 9 |
| 1BR | $2,993 | +$243 (+8.8%) | +$643 (+27.3%) | $2,689 – $3,296 | 2 |
| 2BR | $2,423 | −$1,172 (-32.6%) | −$1,427 (-37.1%) | $2,295 – $3,700 | 10 |
| 2BR | $3,750 | +$155 (+4.3%) | −$100 (-2.6%) | $3,750 – $3,750 | 1 |
| 3BR | $6,850 | +$4,060 (+145.5%) | +$4,225 (+161.0%) | $4,800 – $8,900 | 2 |
| 3BR | $4,995 | +$2,205 (+79.0%) | +$2,370 (+90.3%) | $4,995 – $4,995 | 1 |
| 4BR | $3,950 | +$2,715 (+219.8%) | −$1,129 (-22.2%) | $3,950 – $3,950 | 2 |
| 4BR | $3,950 | +$2,715 (+219.8%) | −$1,129 (-22.2%) | $3,950 – $9,163 | 10 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Echo Park vs. Los Angeles — August 2024
| Bedrooms | Echo Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,425 | $1,750 | −$325 (-18.6%) |
| 1BR | $2,300 | $2,095 | +$205 (+9.8%) |
| 1BR | $2,993 | $2,095 | +$898 (+42.8%) |
| 2BR | $2,423 | $2,795 | −$372 (-13.3%) |
| 2BR | $3,750 | $2,795 | +$955 (+34.2%) |
| 3BR | $6,850 | $4,000 | +$2,850 (+71.3%) |
| 3BR | $4,995 | $4,000 | +$995 (+24.9%) |
| 4BR | $3,950 | $4,895 | −$945 (-19.3%) |
| 4BR | $3,950 | $4,895 | −$945 (-19.3%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.