Monthly Rent Report

Downey Rent Report — January 2023

Asking rents in ZIP 90241, Los Angeles, from 78 listings.

Median 1BR rent in Downey was $1,975 in January 2023, up 4.2% (+$80) from December 2022 and up 9.7% year-over-year. The middle half of 1BR listings asked between $1,825 and $2,038. That puts Downey $150 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 78 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2022Vs. January 2022P25–P75 RangeListings
Studio$1,495−$180 (-10.7%)+$245 (+19.6%)$1,495 – $1,4951
Studio$1,495−$180 (-10.7%)+$245 (+19.6%)$1,495 – $1,4952
1BR$1,975+$80 (+4.2%)+$175 (+9.7%)$1,825 – $2,0383
1BR$1,875−$20 (-1.1%)+$75 (+4.2%)$1,795 – $1,95034
2BR$2,250−$100 (-4.3%)+$60 (+2.7%)$2,075 – $2,2733
2BR$2,673+$323 (+13.7%)+$483 (+22.0%)$2,461 – $3,10022
3BR$3,295+$95 (+3.0%)+$95 (+3.0%)$3,295 – $3,2951
3BR$3,195−$5 (-0.2%)−$5 (-0.2%)$3,009 – $3,4958
4BR$3,500−$375 (-9.7%)−$95 (-2.6%)$3,500 – $3,5001
4BR$3,500−$375 (-9.7%)−$95 (-2.6%)$3,500 – $3,5002

Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.

Downey vs. Los AngelesJanuary 2023

BedroomsDowney MedianLos Angeles Citywide MedianDifference
Studio$1,495$1,795−$300 (-16.7%)
Studio$1,495$1,795−$300 (-16.7%)
1BR$1,975$2,125−$150 (-7.1%)
1BR$1,875$2,125−$250 (-11.8%)
2BR$2,250$2,861−$611 (-21.4%)
2BR$2,673$2,861−$189 (-6.6%)
3BR$3,295$3,848−$552 (-14.4%)
3BR$3,195$3,848−$652 (-17.0%)
4BR$3,500$5,000−$1,499 (-30.0%)
4BR$3,500$5,000−$1,499 (-30.0%)

Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.

Advertisement