Monthly Rent Report
Downey Rent Report — June 2023
Asking rents in ZIP 90240, Los Angeles, from 37 listings.
Median 1BR rent in Downey was $1,797 in June 2023, down 3.5% (−$65) from May 2023 and down 17.9% year-over-year. The middle half of 1BR listings asked between $1,745 and $1,812. That puts Downey $303 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 37 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,797 | −$65 (-3.5%) | −$390 (-17.9%) | $1,745 – $1,812 | 4 |
| 1BR | $1,799 | −$63 (-3.4%) | −$388 (-17.8%) | $1,795 – $1,850 | 8 |
| 2BR | $2,698 | +$198 (+7.9%) | −$417 (-13.4%) | $2,461 – $2,995 | 14 |
| 2BR | $2,395 | −$105 (-4.2%) | −$720 (-23.1%) | $2,395 – $2,495 | 5 |
| 3BR | $3,631 | −$64 (-1.7%) | −$769 (-17.5%) | $3,572 – $3,916 | 3 |
| 3BR | $3,631 | −$64 (-1.7%) | −$769 (-17.5%) | $3,572 – $3,916 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — June 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,797 | $2,100 | −$303 (-14.4%) |
| 1BR | $1,799 | $2,100 | −$301 (-14.3%) |
| 2BR | $2,698 | $2,900 | −$202 (-7.0%) |
| 2BR | $2,395 | $2,900 | −$505 (-17.4%) |
| 3BR | $3,631 | $3,850 | −$219 (-5.7%) |
| 3BR | $3,631 | $3,850 | −$219 (-5.7%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.