Fashion District, Los Angeles, CA—90021
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fashion District, Los Angeles, CA
As of Oct '25, the median home price in Fashion District, Los Angeles, CA is $860,000, with a year-over-year change of -6.0%. This indicates that home prices in Fashion District, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $860,000 | -6.0% |
| Single Family | N/A | N/A |
| Condos | $826,000 | -5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $799,000 | -5.1% |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average 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/A | N/A |
% of Rental Stock
Property Listings — Fashion District, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fashion District, Los Angeles, CA is 61. This is a decrease of -9.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,050,000 | -15.0% |
Listing Count | 10 | 12.0% |
| Listings as % of Homes | 0.1% | 12.0% |
Days on Market | 61 | -9.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,150 | 7.9% |
% Under 18 | 17.0% | 46.6% |
% Seniors | 11.2% | 86.7% |
% WFH | 26.0% | 34.7% |
% w/ College Degree | 20.2% | -22.6% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max 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 Bedroom | N/A | N/A | $3,310 |
Affordability — Fashion District, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 28.8 |
| Median Home Price | $860,000 |
| Median Household Income | $32,200 |