Broadway Palace
1026 S Broadway,
Los Angeles, CA 90015
$1,979 - $2,879 | Studio - 3 Beds
LA is a special kind of city. The arts, the music, and the nightlife make it unlike any other, and Downtown Los Angeles is at the heart of it all. The neighborhood is divided up into several districts, each with a unique personality and style. Fashionistas will feel right at home in the Fashion District or the Jewelry District, museum and art lovers will appreciate the Arts District, and the movers-and-shakers will make their mark in the Financial District.
Although there's plenty of glamour in the City of Angels, Downtown Los Angeles is much more than a haven for movie stars. Tech companies have set up shop in the neighborhood, especially in the Arts District. While major film studios Universal, Paramount Pictures, and 20th Century Fox are all located in LA, the city's top employers include banks, manufacturing firms, and companies like Deloitte, US Bancorp, and Aon.
If you select a rental in Downtown Los Angeles, you can expect an exciting, vibrant, busy neighborhood with plenty to see and do. Downtown museums include the Natural History Museum of Los Angeles, the Museum of Contemporary Art, and the Broad Museum. Of course, Downtown LA offers fantastic theaters, including the famous Orpheum Theater, the Microsoft Theatre at LA Live, and the massive Music Center. Sports lovers can cheer on the LA Lakers, the Los Angeles Kings, and the Los Angeles Clippers at Crypto.com Arena. Famous for its five-star restaurants and the hottest nightclubs around, Downtown Los Angeles is ideal for those who want to see and be seen.
Busy DTLA highway at sunset
The Los Angeles Theater
Walt Disney's iconic concert hall
As of March 2025, the average apartment rent in Downtown Los Angeles is $2,014 for a studio, $2,686 for one bedroom, $3,635 for two bedrooms, and $5,581 for three bedrooms. Apartment rent in Downtown Los Angeles has decreased by -0.9% in the past year.
Studio
598 sq ft
Average Sq Ft
$2,014/month
Average Rent
1 BR
749 sq ft
Average Sq Ft
$2,686/month
Average Rent
2 BR
1,112 sq ft
Average Sq Ft
$3,635/month
Average Rent
3 BR
1,537 sq ft
Average Sq Ft
$5,581/month
Average Rent
3,219
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.