Monthly Rent Report
Downey Rent Report — October 2023
Asking rents in ZIP 90240, Los Angeles, from 72 listings.
Median 1BR rent in Downey was $1,850 in October 2023, down 2.6% (−$50) from September 2023 and up 12.5% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,925. That puts Downey $148 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 72 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,850 | −$50 (-2.6%) | +$205 (+12.5%) | $1,795 – $1,925 | 33 |
| 1BR | $1,695 | −$205 (-10.8%) | +$50 (+3.0%) | $1,695 – $1,695 | 1 |
| 2BR | $2,495 | −$334 (-11.8%) | +$200 (+8.7%) | $2,298 – $2,971 | 27 |
| 2BR | $2,524 | −$305 (-10.8%) | +$229 (+10.0%) | $2,524 – $2,524 | 5 |
| 3BR | $3,697 | −$178 (-4.6%) | −$54 (-1.5%) | $3,697 – $3,697 | 4 |
| 4BR | $5,300 | — | +$1,500 (+39.5%) | $5,300 – $5,300 | 1 |
| 4BR | $5,300 | — | +$1,500 (+39.5%) | $5,300 – $5,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — October 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,850 | $1,998 | −$147 (-7.4%) |
| 1BR | $1,695 | $1,998 | −$302 (-15.1%) |
| 2BR | $2,495 | $2,750 | −$255 (-9.3%) |
| 2BR | $2,524 | $2,750 | −$226 (-8.2%) |
| 3BR | $3,697 | $4,195 | −$498 (-11.9%) |
| 4BR | $5,300 | $5,275 | +$25 (+0.5%) |
| 4BR | $5,300 | $5,275 | +$25 (+0.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.