Downtown LA is a established-tier Los Angeles submarket with average asking rent around $50/sqft/yr.
Downtown LA is a established-tier Los Angeles submarket with average asking rent around $50/sqft/yr.
Downtown LA averages around $50/sqft/yr for Class A, against a citywide Class A index of 65. As an established / value submarket, rent runs at or below city average with deeper availability.
Trophy at material discount. Banking, government, professional services.
| city | Los Angeles |
|---|---|
| submarket | Downtown LA |
| tier | established |
| averageRentLocal | $50/sqft/yr |
| cityClassARentUsd | $65/sqft/yr |
| cityVacancyPct | 22.5% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.