Monthly Rent Report
Downey Rent Report — September 2023
Asking rents in ZIP 90240, Los Angeles, from 35 listings.
Median 1BR rent in Downey was $1,900 in September 2023, down 26.9% (−$700) from August 2023 and down 3.3% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,950. That puts Downey $100 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 35 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,900 | −$700 (-26.9%) | −$64 (-3.3%) | $1,800 – $1,950 | 25 |
| 1BR | $1,950 | −$650 (-25.0%) | −$14 (-0.7%) | $1,900 – $2,280 | 3 |
| 2BR | $3,100 | +$1,050 (+51.2%) | +$250 (+8.8%) | $3,100 – $3,100 | 1 |
| 2BR | $2,829 | +$779 (+38.0%) | −$21 (-0.7%) | $2,674 – $2,859 | 4 |
| 3BR | $3,875 | +$384 (+11.0%) | +$221 (+6.0%) | $3,813 – $3,938 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — September 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,900 | $2,000 | −$100 (-5.0%) |
| 1BR | $1,950 | $2,000 | −$50 (-2.5%) |
| 2BR | $3,100 | $2,750 | +$350 (+12.7%) |
| 2BR | $2,829 | $2,750 | +$79 (+2.9%) |
| 3BR | $3,875 | $3,948 | −$72 (-1.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.