Downtown LA is a established-tier Los Angeles submarket with average asking rent around $50/sqft/yr.

  • Average asking rent: $50/sqft/yr.
  • Tier: established.
  • Citywide Class A rent context: $65/sqft/yr ($65 USD).
  • Citywide vacancy: 22.5% — submarket-level availability is typically tighter at established tier.

Downtown LA, Los Angeles office rents and availability

Downtown LA is a established-tier Los Angeles submarket with average asking rent around $50/sqft/yr.

TL;DR

  • Average asking rent: $50/sqft/yr.
  • Tier: established.
  • Citywide Class A rent context: $65/sqft/yr ($65 USD).
  • Citywide vacancy: 22.5% — submarket-level availability is typically tighter at established tier.

Where rent sits

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.

Availability dynamics

Trophy at material discount. Banking, government, professional services.

Key facts

cityLos Angeles
submarketDowntown LA
tierestablished
averageRentLocal$50/sqft/yr
cityClassARentUsd$65/sqft/yr
cityVacancyPct22.5%

Frequently asked questions

What is the average Class A rent in Downtown LA, Los Angeles?
Around $50/sqft/yr. The citywide Class A index sits at $65/sqft/yr.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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