Apartments in Downtown Los Angeles

  1. Home
  2. Los Angeles Apartments
  3. Downtown Los Angeles

Downtown Los Angeles

A Los Angeles Neighborhood

Summary

Los Angeles is a great city with lots of great neighborhoods to live in and fun places to hang out. Living in the heart of this vibrant city is a fantastic move if you want to live in the center of it all. You can access some of the most amazing restaurants and bars in the city, while having easy access to the numerous unique neighborhoods of L.A. After all, accessibility is a valuable asset in this complex city. But when you're searching for Downtown Los Angeles Apartments it can difficult to sift through all of the listings on the web or walk the streets to find places in the area that you're looking for.

That's exactly why ABODO exists. We gather listings from all over the web and we add new properties every day. And we do all this just so we can make sure that you've got the freshest list of apartments in downtown Los Angeles to choose from!

Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$1,732
Studio
$2,363
1 Bedroom
$3,088
2 Bedrooms
$4,367
3 Bedrooms
$3,658
4 Bedrooms
$3,633
5+ Bedrooms
Get your search on...

Los Angeles:
April Rent Report

Welcome to the April 2020 Los Angeles Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the April 2020 key findings and figures for the Los Angeles rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Los Angeles and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Los Angeles rent prices in the chart below.

Monthly Rent Report

Los Angeles Rent Prices Decrease From March to April

Los Angeles rent prices decreased over the last month. From March to April, the city experienced a -1.1% decrease for the price of a one-bedroom apartment. The rent price for a Los Angeles one-bedroom apartments currently stands at $2,245.0.

When we take a look at the two-bedroom comparison from March to April, Los Angeles experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Los Angeles two-bedroom apartments currently stands at $2,995.0.

April Prices: Los Angeles vs. Surrounding Areas

Rent Prices in Los Angeles and Surrounding Areas

Rent prices have decreased in Los Angeles over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Los Angeles suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Long Beach, CA, West Hollywood, CA, Glendale, CA, Hawthorne, CA .

  • Rent decreased in Santa Monica, CA, Anaheim, CA, Culver City, CA.

  • 1 suburb is currently priced higher than the city of Los Angeles.

  • 6 suburbs are currently priced lower than the city of Los Angeles.

April 2020 Pricing Trends: Los Angeles vs. National Comparisons

Los Angeles Rent Prices More Affordable Than Major Cities

Rent growth in Los Angeles over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Los Angeles rent prices appear to be relatively affordable for local residents.

The price for a Los Angeles one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of ABODO's April 2020 National Apartment Report and data set here.

For more information about Los Angeles and surrounding area rent prices, take a look at the complete data set below.

Data set for Los Angeles and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Los Angeles, CA $2,270.0 -0.92% $2,995.0 -0.66%
Long Beach, CA $1,595.0 0.19% $2,131.0 -0.09%
West Hollywood, CA $2,141.0 0.28% $2,898.0 -0.21%
Santa Monica, CA $3,077.0 -1.88% $4,191.0 -4.60%
Glendale, CA $2,244.0 3.89% $2,395.0 0.00%
Anaheim, CA $1,635.0 -0.06% $1,901.0 0.05%
Hawthorne, CA $1,409.0 0.57% $1,825.0 0.17%
Culver City, CA $2,195.0 0.00% $2,994.0 1.84%

Methodology

Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.