Park Fifth
427 W 5th St,
Los Angeles, CA 90013
$2,411 - $9,975 | Studio - 3 Beds
Financial District
Los Angeles, CA
Financial District - Los Angeles, CA
Area Guide
In L.A.’s Financial District, live in the heart of the hustle and bustle!
Business
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Nightlife
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Shopping
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Public Transportation
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California
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Whether it’s shopping, dining, or employment opportunities, the Financial District in Los Angeles has it all. The neighborhood is lively, to say the least. It’s the home to numerous bars, pubs, and entertainment venues like the Globe Theatre.
There’s no shortage of restaurants just outside of your Financial District apartment. Everything is walkable here, and if you’re commuting to another neighborhood in the city, the 7th St/Metro Center train station is close by. FIGat7th is an active mall with an abundance of retail shops and local eateries.
Living here, you’ll enjoy cool coffee shops, walkable grocery stores, and active city life! FIDM College calls this neighborhood home, and locals living in the area enjoy numerous community events at Perishing Square. In the Financial District of L.A., you’re in the heart of the hustle and bustle.
Rent Trends
As of April 2025, the average apartment rent in Financial District is $2,433 for a studio, $3,088 for one bedroom, $4,538 for two bedrooms, and $6,486 for three bedrooms. Apartment rent in Financial District has decreased by -1.7% in the past year.
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Studio
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616 sq ft
Average Sq Ft
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$2,433/month
Average Rent
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1 BR
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791 sq ft
Average Sq Ft
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$3,088/month
Average Rent
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2 BR
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1,232 sq ft
Average Sq Ft
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$4,538/month
Average Rent
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3 BR
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1,495 sq ft
Average Sq Ft
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$6,486/month
Average Rent
Transportation
99
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
100
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
83
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Vista Hermosa Natural Park
- MacArthur Park Lake
- Echo Park Lake
- Hollenbeck Lake
- Chavez Ravine Arboretum
Commuter Rail
Military Bases
Airports
- Los Angeles International
- Bob Hope
Top Apartments in Financial District
Houses for Rent in Financial District
Property Management Companies
Greystar
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3,212
Communities
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892,607
Units
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830
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685
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185,289
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313
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AMC
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648
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127,131
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259
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FPI Management
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620
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106,467
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221
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RPM
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607
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160,073
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233
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Cushman & Wakefield
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549
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127,879
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277
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Methodology
† 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.