Monthly Rent Report
Downey Rent Report — November 2023
Asking rents in ZIP 90240, Los Angeles, from 71 listings.
Median 1BR rent in Downey was $1,895 in November 2023, up 2.4% (+$45) from October 2023 and down 2.8% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,950. That puts Downey $230 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 71 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | — | — | $1,750 – $1,750 | 1 |
| Studio | $1,750 | — | — | $1,750 – $1,750 | 4 |
| 1BR | $1,895 | +$45 (+2.4%) | −$55 (-2.8%) | $1,800 – $1,950 | 31 |
| 1BR | $1,250 | −$600 (-32.4%) | −$700 (-35.9%) | $1,250 – $1,250 | 1 |
| 2BR | $2,350 | −$174 (-6.9%) | −$455 (-16.2%) | $2,350 – $2,350 | 3 |
| 2BR | $2,350 | −$174 (-6.9%) | −$455 (-16.2%) | $2,350 – $2,350 | 2 |
| 3BR | $3,565 | −$132 (-3.6%) | +$70 (+2.0%) | $3,370 – $3,640 | 10 |
| 3BR | $3,700 | +$3 (+0.1%) | +$205 (+5.9%) | $3,631 – $3,768 | 2 |
| 4BR | $4,750 | −$550 (-10.4%) | +$1,150 (+31.9%) | $4,175 – $5,300 | 11 |
| 4BR | $3,975 | −$1,325 (-25.0%) | +$375 (+10.4%) | $3,975 – $3,975 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — November 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,775 | −$25 (-1.4%) |
| Studio | $1,750 | $1,775 | −$25 (-1.4%) |
| 1BR | $1,895 | $2,125 | −$230 (-10.8%) |
| 1BR | $1,250 | $2,125 | −$875 (-41.2%) |
| 2BR | $2,350 | $2,795 | −$445 (-15.9%) |
| 2BR | $2,350 | $2,795 | −$445 (-15.9%) |
| 3BR | $3,565 | $3,950 | −$385 (-9.8%) |
| 3BR | $3,700 | $3,950 | −$250 (-6.3%) |
| 4BR | $4,750 | $4,994 | −$244 (-4.9%) |
| 4BR | $3,975 | $4,994 | −$1,019 (-20.4%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.