Monthly Rent Report
Downey Rent Report — December 2023
Asking rents in ZIP 90240, Los Angeles, from 75 listings.
Median 1BR rent in Downey was $1,899 in December 2023, up 51.9% (+$649) from November 2023 and up 1.4% year-over-year. The middle half of 1BR listings asked between $1,723 and $2,148. That puts Downey $230 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 75 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | $0 (0.0%) | — | $1,750 – $1,750 | 5 |
| Studio | $1,750 | $0 (0.0%) | — | $1,750 – $1,750 | 2 |
| 1BR | $1,899 | +$649 (+51.9%) | +$27 (+1.4%) | $1,723 – $2,148 | 11 |
| 1BR | $1,895 | +$645 (+51.6%) | +$23 (+1.2%) | $1,695 – $1,950 | 35 |
| 2BR | $2,400 | +$50 (+2.1%) | −$399 (-14.3%) | $2,400 – $2,400 | 5 |
| 2BR | $2,400 | +$50 (+2.1%) | −$399 (-14.3%) | $2,400 – $2,400 | 4 |
| 3BR | $3,350 | −$214 (-6.0%) | −$525 (-13.5%) | $3,350 – $3,350 | 1 |
| 3BR | $3,350 | −$214 (-6.0%) | −$525 (-13.5%) | $3,350 – $3,350 | 1 |
| 4BR | $4,750 | +$775 (+19.5%) | +$860 (+22.1%) | $4,556 – $4,888 | 4 |
| 4BR | $4,750 | +$775 (+19.5%) | +$860 (+22.1%) | $4,556 – $4,888 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — December 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,750 | $0 (0.0%) |
| Studio | $1,750 | $1,750 | $0 (0.0%) |
| 1BR | $1,899 | $2,129 | −$230 (-10.8%) |
| 1BR | $1,895 | $2,129 | −$234 (-11.0%) |
| 2BR | $2,400 | $2,795 | −$395 (-14.1%) |
| 2BR | $2,400 | $2,795 | −$395 (-14.1%) |
| 3BR | $3,350 | $3,923 | −$572 (-14.6%) |
| 3BR | $3,350 | $3,923 | −$572 (-14.6%) |
| 4BR | $4,750 | $4,750 | $0 (0.0%) |
| 4BR | $4,750 | $4,750 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.