Downtown LA, Los Angeles, CA—90013
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Downtown LA, Los Angeles, CA
As of Oct '25, the median home price in Downtown LA, Los Angeles, CA is $590,000, with a year-over-year change of -3.7%. This indicates that home prices in Downtown LA, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $590,000 | -3.7% |
| Single Family | N/A | N/A |
| Condos | $580,000 | -4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $547,000 | -4.5% |
2 Bed | $770,000 | -4.9% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Downtown LA, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Downtown LA, Los Angeles, CA is $2,880, with a year-over-year rent change of -11.4%. Per bedroom, the median rent as of July '25 in Downtown LA, Los Angeles, CA is studios: $2,100, 1-bedrooms: $2,900, 2-bedrooms: $3,860, 3-bedrooms: $5,790. The most common rental property sizes in Downtown LA, Los Angeles, CA are studio and 1-bedroom, accounting for 63.5% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,880 |
| Studio Rent | $1,950 | $2,100 |
| 1 Bed Rent | $2,850 | $2,900 |
| 2 Bed Rent | $3,600 | $3,860 |
| 3 Bed Rent | $4,580 | $5,790 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Downtown LA, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Downtown LA, Los Angeles, CA is 65. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $699,000 | -5.0% |
Listing Count | 69 | -16.0% |
| Listings as % of Homes | 0.4% | -16.0% |
Days on Market | 65 | -15.0% |
Demographics — Downtown LA, Los Angeles, CA
As of the latest ACS Survey released in 2023, Downtown LA, Los Angeles, CA has a population of 14,900, which has increased by 24.7% over the past 5 years. Downtown LA, Los Angeles, CA is a less popular place for families, as children make up 2.5% of the population. The area has a moderately educated workforce, with 38.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,900 | 24.7% |
% Under 18 | 2.5% | -16.7% |
% Seniors | 14.6% | 10.6% |
% WFH | 22.3% | 104.6% |
% w/ College Degree | 38.5% | 4.3% |
As of the latest ACS Survey released in 2023, Downtown LA, Los Angeles, CA is a predominantly white area, with 26.0% of the population identifying as white. The white population has shrunk by 11.6% in the last 5 years. The second most common race or ethnicity in Downtown LA, Los Angeles, CA is hispanic, making up 24.6% of the population. Foreign-born residents account for 23.8% of the population in Downtown LA, Los Angeles, CA, and this percentage has increased by 8.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 26.0% | -11.6% |
% Black | 23.2% | -23.9% |
% Hispanic | 24.6% | 57.7% |
% Asian | 19.0% | 7.3% |
% Foreign Born | 23.8% | 8.7% |
Mortgage and Risk — Downtown LA, Los Angeles, CA
According to HUD data as of 2023, there were 38 mortgage originations in Downtown LA, Los Angeles, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Downtown LA, Los Angeles, CA. Investor activity is low, as 5.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 38 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 5.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Downtown LA, Los Angeles, CA
Downtown LA, Los Angeles, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,423 |
Total Units Section 8 | 1,370 |
% Rentals under Section 8 | 15.7% |
% Occupied Section 8 | 85.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$540 | $2,850 | $2,310 |
| 2 Bedroom | -$690 | $3,600 | $2,910 |
| 3 Bedroom | -$880 | $4,580 | $3,700 |
| 4 Bedroom | N/A | N/A | $4,100 |
Affordability — Downtown LA, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 19 |
| Median Home Price | $590,000 |
| Median Household Income | $32,800 |