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Average Rent in Downtown Los Angeles & Rent Trends

Rent prices and market trends across 3 apartment communities in Downtown Los Angeles, Los Angeles, CA. Updated daily.

Market Average

$2,663/mo

▲ +13.2% from last month

Lowest Available

$1,610/mo

cheapest unit on market

Communities

3

tracked daily

Units Listed

72

available now

Downtown Los Angeles vs Los Angeles, CA Average

Downtown Los Angeles is cheaper the Los Angeles, CA average by $175/mo (6%). The citywide average is $2,838/mo across all neighborhoods.

Is Rent Going Up or Down in Downtown Los Angeles?

As of May 2026, the average rent in Downtown Los Angeles is $2,663 per month across 3 apartment communities and 72 available units. Rents have increased $329 (13.2%) over the past month.

The most affordable option is Pegasus Apartments starting at $1,610/mo. By unit type, a studio averages $2,020/mo, a 1-bedroom averages $2,811/mo, a 2-bedroom averages $2,793/mo.

Prices range from $1,610 to $6,999 per month. The most common price point is the $2,200 range, where 13 units are currently listed.

Downtown Los Angeles Rent Price History

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Downtown Los Angeles

Studio
$2,020
from $1,610 · 13 units
1 Bed
$2,811
from $2,045 · 41 units
2 Bed
$2,793
from $2,250 · 18 units

Rent Prices by Apartment in Downtown Los Angeles

Property Starting at Average Units Rating
Pegasus Apartments $1,610/mo $2,294/mo 33 4.4
Metro 417 $1,994/mo $2,499/mo 23 3.8
Roosevelt Lofts $2,833/mo $3,662/mo 16 4.7

Frequently Asked Questions About Rent in Downtown Los Angeles

What is the average rent in Downtown Los Angeles?
The average rent in Downtown Los Angeles is $2,663 per month as of May 2026, based on 72 units across 3 apartment communities.
Is rent going up or down in Downtown Los Angeles?
Rent in Downtown Los Angeles has increased $329 (13.2%) over the past month. The current average is $2,663/mo.
What is the cheapest apartment in Downtown Los Angeles?
The most affordable apartment in Downtown Los Angeles is Pegasus Apartments with units starting at $1,610/mo.
How much is a 1-bedroom apartment in Downtown Los Angeles?
A 1-bedroom apartment in Downtown Los Angeles averages $2,811/mo, with prices starting at $2,045/mo across 41 available units.
How many apartments are available in Downtown Los Angeles?
There are 72 units available across 3 apartment communities in Downtown Los Angeles.

What salary do I need to live comfortably in Downtown Los Angeles?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$107,000/year

30 percent rule -- using our average rent of $2,663/mo.

Comfortable income

$128,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,610/mo), you need to earn at least $64,000/year.

Median household income in Downtown Los Angeles is $80,366 , about 37% below the comfortable-living threshold.

Cost of living in Downtown Los Angeles

Overall prices in Downtown Los Angeles runs above the national average by about 15% (BEA Regional Price Parity index 114.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Downtown Los Angeles's regional price parities.

Category Monthly estimate
Rent (market average) $2,663
Utilities $744
Groceries $578
Transportation $1,773
Healthcare $865
Other goods and services $1,384
Estimated total $8,007/mo

Population

3,857,897

Median household income

$80,366

Census median rent

$1,879/mo

Rent as % of income

34.7%

Median age

36.9

Mean commute

31 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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