Monthly Rent Report
Downey Rent Report — March 2023
Asking rents in ZIP 90241, Los Angeles, from 157 listings.
Median 1BR rent in Downey was $1,500 in March 2023, down 20.0% (−$375) from February 2023 and down 13.0% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Downey $597 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 157 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$105 (+6.2%) | +$505 (+39.0%) | $1,695 – $1,800 | 21 |
| Studio | $1,400 | −$295 (-17.4%) | +$105 (+8.1%) | $1,400 – $1,400 | 1 |
| 1BR | $1,500 | −$375 (-20.0%) | −$225 (-13.0%) | $1,500 – $1,500 | 1 |
| 1BR | $1,895 | +$20 (+1.1%) | +$170 (+9.9%) | $1,795 – $1,944 | 62 |
| 2BR | $3,000 | −$100 (-3.2%) | +$978 (+48.3%) | $3,000 – $3,000 | 1 |
| 2BR | $2,390 | −$710 (-22.9%) | +$368 (+18.2%) | $2,250 – $2,600 | 43 |
| 3BR | $3,795 | +$700 (+22.6%) | +$395 (+11.6%) | $3,500 – $3,797 | 5 |
| 3BR | $3,648 | +$553 (+17.9%) | +$248 (+7.3%) | $2,958 – $3,798 | 8 |
| 4BR | $4,075 | −$174 (-4.1%) | — | $3,994 – $4,163 | 8 |
| 4BR | $4,090 | −$159 (-3.8%) | — | $3,980 – $4,200 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — March 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,745 | +$55 (+3.2%) |
| Studio | $1,400 | $1,745 | −$345 (-19.8%) |
| 1BR | $1,500 | $2,097 | −$597 (-28.5%) |
| 1BR | $1,895 | $2,097 | −$202 (-9.6%) |
| 2BR | $3,000 | $2,750 | +$250 (+9.1%) |
| 2BR | $2,390 | $2,750 | −$360 (-13.1%) |
| 3BR | $3,795 | $3,923 | −$127 (-3.3%) |
| 3BR | $3,648 | $3,923 | −$275 (-7.0%) |
| 4BR | $4,075 | $4,760 | −$685 (-14.4%) |
| 4BR | $4,090 | $4,760 | −$670 (-14.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.