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Fashion District, Los Angeles, CA—90021

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$873,000
1.5% YoY Growth
Household Income
$32,200
112.9% YoY Growth
Days on Market
62
37.0% Shorter YoY
Home Price Forecast
0.6%
Median Rent
$3,140
9.0% YoY Growth
1-Bed Rent
$3,180
4.6% YoY Growth
2-Bed Rent
$4,790
1.2% YoY Growth
3-Bed Rent
$3,000
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Fashion District, Los Angeles, CA

As of May '26, the median home price in Fashion District, Los Angeles, CA is $873,000, with a year-over-year change of -1.5%. This indicates that home prices in Fashion District, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$873,000-1.5%
Single Family N/AN/A
Condos $830,0002.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $798,000
    3.8%
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    71.3%
    1 Bedroom
    15.5%
    2 Bedrooms
    7.3%
    3 Bedrooms
    2.5%
    4 Bedrooms
    1.4%
    5+ Bedrooms
    2.1%

    Rental Trends — Fashion District, Los Angeles, CA

    As of July '25, Rentcast reports the average rent in Fashion District, Los Angeles, CA is $3,340, with a year-over-year rent change of -9.0%. Per bedroom, the median rent as of July '25 in Fashion District, Los Angeles, CA is studios: $2,770, 1-bedrooms: $3,660, 2-bedrooms: $4,740, 3-bedrooms: $3,000. The most common rental property sizes in Fashion District, Los Angeles, CA are studio and 1-bedroom, accounting for 70.8% and 16.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,140$3,340
    Studio Rent $2,850$2,770
    1 Bed Rent $3,180$3,660
    2 Bed Rent $4,790$4,740
    3 Bed Rent $3,000$3,000
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    70.8%
    1 Bedroom
    16.9%
    2 Bedrooms
    5.6%
    3 Bedrooms
    2.6%
    4 Bedrooms
    1.6%
    5+ Bedrooms
    2.4%

    Property Listings — Fashion District, Los Angeles, CA

    As of May '26, Realtor.com reports that the median days on market for a home in Fashion District, Los Angeles, CA is 62. This is a decrease of -37.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$862,0000.0%
    Listing Count
    		1025.0%
    Listings as % of Homes0.1%25.0%
    Days on Market
    		62-37.0%
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    Demographics — Fashion District, Los Angeles, CA

    As of the latest ACS Survey released in 2023, Fashion District, Los Angeles, CA has a population of 3,150, which has increased by 7.9% over the past 5 years. Fashion District, Los Angeles, CA is a moderately popular place for families, as children make up 17.0% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,1507.9%
    % Under 18
    		17.0%46.6%
    % Seniors
    		11.2%86.7%
    % WFH
    		26.0%34.7%
    % w/ College Degree
    		20.2%-22.6%
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    As of the latest ACS Survey released in 2023, Fashion District, Los Angeles, CA is a predominantly hispanic area, with 48.3% of the population identifying as hispanic. The hispanic population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Fashion District, Los Angeles, CA is black, making up 21.2% of the population. Foreign-born residents account for 27.6% of the population in Fashion District, Los Angeles, CA, and this percentage has decreased by 17.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		20.8%-10.3%
    % Black
    		21.2%11.0%
    % Hispanic
    		48.3%0.2%
    % Asian
    		5.4%80.0%
    % Foreign Born
    		27.6%-17.4%
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    Mortgage and Risk — Fashion District, Los Angeles, CA

    According to HUD data as of 2023, there were 16 mortgage originations in Fashion District, Los Angeles, CA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Fashion District, Los Angeles, CA. Investor activity is low, as 6.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		16
    % Conventional Loans
    		88.0%
    % Government Loans
    		12.0%
    % Investor Loans
    		6.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		0.0%
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    Rentals and Section 8 — Fashion District, Los Angeles, CA

    Fashion District, Los Angeles, CA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		158
    Total Units Section 8
    		99
    % Rentals under Section 8
    		6.9%
    % Occupied Section 8
    		83.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$1,340$3,180$1,840
    2 Bedroom-$2,450$4,790$2,340
    3 Bedroom-$10$3,000$2,990
    4 BedroomN/AN/A$3,310

    Affordability — Fashion District, Los Angeles, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio29.4
    Median Home Price$873,000
    Median Household Income$32,200

    Fashion District, Los Angeles, CA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    90013

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    90071

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    South Los Angeles, Los Angeles, CA

    90011

    Frequently Asked Questions