Average Rent in Downtown Los Angeles, Los Angeles, CA

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Current Versus Historical Downtown Los Angeles, Los Angeles, CA Rents

Downtown Los Angeles rentals average $2,093 for a studio rental to $39,250 for a 4-bedroom rental. The median price of all currently available listings is $3,295, or roughly $3 per square feet.

For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $314 (-12.86%) year-over-year from $2,439 to $2,125. 1-bedroom rentals prices have decreased by $378 (-12.08%) year-over-year from $3,128 to $2,750. 2-bedroom rentals prices have decreased by $476 (-11.63%) year-over-year from $4,091 to $3,616. 3-bedroom rentals prices have increased by $451 (7.41%) year-over-year from $6,085 to $6,537. 4-bedroom rentals prices have increased by $867 (49.29%) year-over-year from $1,758 to $2,625. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 7.94% this month. 1-bedroom rents have gone down by 6.28% this month. 2-bedroom rents have gone down by 8.83% this month. 3-bedroom rents have gone down by 15.78% this month. 4-bedroom rents have gone down by 94.84% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.32	$2,125	$2,439 (-12.86%)	$2,596 (-18.13%)
1 BR	$3.55	$2,750	$3,128 (-12.08%)	$2,503 (9.85%)
2 BR	$3.22	$3,616	$4,091 (-11.63%)	$3,751 (-3.61%)
3 BR	$5.43	$6,537	$6,085 (7.41%)	$10,180 (-35.79%)
4+ BR	$3.25	$2,625	$1,758 (49.29%)	$2,593 (1.25%)

Historical Rents in Downtown Los Angeles, Los Angeles, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Downtown Los Angeles

There are a total of 28 cities nearby Downtown Los Angeles. The average rent in Downtown Los Angeles is currently $4,875 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Long Beach, CA, with an average rent of $2,850, is the most affordable city nearby. In contrast, the most expensive city near Downtown Los Angeles, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $19,998 per month.

Let's compare Downtown Los Angeles, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Downtown Los Angeles, Los Angeles, CA is 8.06% more expensive than other cities nearby. One bedrooms are about 6.06% more expensive. Two bedrooms in Downtown Los Angeles, Los Angeles, CA are about 10.08% more expensive. Finally, rent for three bedrooms are about 64.65% more expensive. Want more information? Check out the top 10 cities out of 28 total cities near Downtown Los Angeles, Los Angeles, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Inglewood, CA	$1,898	$1,995	$2,900	$2,900
Glendale, CA	$2,295	$2,350	$3,036	$3,086
Pasadena, CA	N/A	$2,714	$3,250	$3,400
Burbank, CA	$2,250	$2,600	$3,700	$3,813
Redondo Beach, CA	$2,295	$3,300	$4,400	$4,475
Los Angeles, CA	$2,059	$2,695	$3,850	$4,500
Santa Monica, CA	$3,250	$3,399	$4,923	$4,950
West Hollywood, CA	$3,235	$3,600	$5,500	$5,075
Manhattan Beach, CA	N/A	$4,150	$5,500	$10,000
Beverly Hills, CA	$2,195	$3,500	$6,325	$10,950

Top Neighborhoods Near Downtown Los Angeles

There are a total of 33 neighborhoods in or near Downtown Los Angeles. Some of these neighborhoods include Historic Cultural, Wilshire Center - Koreatown, and Downtown Long Beach. We've included the top 30 neighborhoods out of 33 total neighborhoods in or near Downtown Los Angeles, Los Angeles, CA in the following chart.

The average rent for these 30 neighborhoods in or near Downtown Los Angeles, Los Angeles, CA is currently around $4,655 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only twenty-five neighborhoods have a higher average rent than $4,655. Interestingly, the neighborhoods' average rent is higher than Downtown Los Angeles's average rent, which is only $3,295. Out of all the neighborhoods in or near Downtown Los Angeles, Historic Cultural has the most affordable average rent at $2,664 per month. Whereas, at $19,500 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Downtown Los Angeles. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Historic Cultural, Los Angeles, CA	$2,024	$2,475	$3,256	$2,664
Wilshire Center - Koreatown, Los Angeles, CA	$1,927	$2,487	$3,448	$2,695
Downtown Long Beach, Long Beach, CA	$2,507	$2,825	$3,400	$2,873
Hollywood Studio District, Los Angeles, CA	$1,795	$1,950	$3,150	$3,150
Congress North, Los Angeles, CA	N/A	$1,800	$2,610	$3,170
Reseda, Los Angeles, CA	$1,700	$1,900	$3,175	$3,525
Mid-Town North Hollywood, Los Angeles, CA	$2,085	$2,491	$3,500	$3,598
Westchester-Playa Del Rey, Los Angeles, CA	$2,427	$2,844	$3,831	$3,900
Mar Vista, Los Angeles, CA	$3,000	$2,575	$4,395	$3,975
South Robertson, Los Angeles, CA	$1,950	$2,445	$3,550	$3,995
Greater Wilshire, Los Angeles, CA	N/A	$2,600	$3,795	$4,000
West Los Angeles, Los Angeles, CA	$2,095	$3,273	$3,695	$4,060
PICO, Los Angeles, CA	N/A	$2,761	$3,598	$4,200
Mid City, Los Angeles, CA	N/A	$3,350	$2,773	$4,488
Central Hollywood, Los Angeles, CA	N/A	$3,588	$4,376	$4,500
Marina del Rey, Los Angeles, CA	$3,295	$3,334	$5,190	$4,655
Mid-City West, Los Angeles, CA	$2,617	$3,200	$4,865	$5,300
Westwood, Los Angeles, CA	$2,490	$4,597	$4,817	$5,450
Westside, Los Angeles, CA	$2,500	$2,948	$5,225	$5,932
Sherman Oaks, Los Angeles, CA	$1,995	$2,300	$3,048	$6,000
Brentwood, Los Angeles, CA	N/A	$3,095	$4,575	$6,035
Tarzana, Los Angeles, CA	N/A	$2,175	$3,375	$6,700
Hollywood Hills West, Los Angeles, CA	$2,059	$2,875	$4,050	$6,900
Venice, Los Angeles, CA	$2,988	$4,273	$6,400	$7,925
Studio City, Los Angeles, CA	N/A	$2,900	$3,950	$7,998
North of Montana, Santa Monica, CA	$4,548	$4,675	$8,075	$8,900
Encino, Los Angeles, CA	N/A	$2,400	$3,125	$8,950
Hollywood United, Los Angeles, CA	N/A	$3,200	$5,425	$9,000
Pacific Palisades, Los Angeles, CA	N/A	$3,200	$6,288	$16,995
Bel Air-Beverly Crest, Los Angeles, CA	$2,495	$3,873	$8,500	$19,500

Top Counties Near Downtown Los Angeles

There are a total of 33 counties located by Downtown Los Angeles, Los Angeles, CA. Some of these counties include Ventura, CA, Los Angeles, CA, and Orange, CA. The average rent for rentals in these counties is $4,250. That's roughly around $3 per sqft. The county that is the most affordable is Ventura, CA. It's average rent per month is $4,200. Vice versa, with an average rent of $5,000, Orange, CA is the most expensive county by Downtown Los Angeles, Los Angeles, CA.

Typically, rent for studios in Downtown Los Angeles, Los Angeles, CA is 14.36% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Downtown Los Angeles, Los Angeles, CA is 9.69% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Los Angeles, Los Angeles, CA is 11.68% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Ventura, CA	$2,500	$2,483	$3,200	$4,200
Los Angeles, CA	$2,095	$2,600	$3,623	$4,250
Orange, CA	$2,393	$2,613	$3,800	$5,000

Top Zipcodes Near Downtown Los Angeles

There are a total of 7 zipcodes in or near Downtown Los Angeles, Los Angeles, CA. The average rent for all of these zipcodes is $4,143.

The following chart includes the top 7 zipcodes in Downtown Los Angeles, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
90036, Los Angeles, CA	$2,733	$3,000	$4,513	$4,143
90034, Los Angeles, CA	$3,250	$2,588	$4,229	$4,018
91604, Los Angeles, CA	N/A	$2,900	$3,650	$8,250
90045, Los Angeles, CA	$2,467	$2,845	$3,342	$3,005
90024, Los Angeles, CA	$2,490	$4,597	$4,500	$5,450
90049, Los Angeles, CA	$2,525	$2,995	$4,795	$5,998
91367, Los Angeles, CA	N/A	$2,410	$3,300	$3,999

Frequently Asked Questions - Downtown Los Angeles Average Rents

What is the average rent price in Downtown Los Angeles, Los Angeles, CA?

The average monthly rental price for Downtown Los Angeles, Los Angeles, CA apartments for rent is approximately $3,295. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Downtown Los Angeles, Los Angeles, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Downtown Los Angeles, Los Angeles, CA.

How much is a studio apartment in Downtown Los Angeles, Los Angeles, CA?

The average monthly rental price for studio apartments is $2,093 and an average price per square feet of $3.32. There are a total of 38 studio apartment listings currently available for rent in Downtown Los Angeles.

How much is a one bedroom apartment in Downtown Los Angeles, Los Angeles, CA?

The average monthly rental price for one bedroom apartments is $2,879 and an average price per square feet of $3.55. There are a total of 111 one bedroom apartment listings currently available for rent in Downtown Los Angeles.

How much is a two bedroom apartment in Downtown Los Angeles, Los Angeles, CA?

The average monthly rental price for two bedroom apartments is $4,102 and an average price per square feet of $3.22. There are a total of 91 two bedroom apartment listings currently available for rent in Downtown Los Angeles.

How have rent prices in Downtown Los Angeles, Los Angeles, CA changed this year?

Rent prices for rentals in Downtown Los Angeles, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.13%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by 0.07% year-over-year.

What is a reasonable rent price in Downtown Los Angeles, Los Angeles, CA?

A reasonable rent price in Downtown Los Angeles, Los Angeles, CA is around $2,636/month. You can search for these reasonably priced rental listings on RentHop.