Monthly Rent Report
Downey Rent Report — April 2023
Asking rents in ZIP 90241, Los Angeles, from 166 listings.
Median 1BR rent in Downey was $1,700 in April 2023, up 13.3% (+$200) from March 2023 and up 7.3% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Downey $397 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 166 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | $0 (0.0%) | +$375 (+26.3%) | $1,763 – $1,800 | 22 |
| Studio | $1,800 | $0 (0.0%) | +$375 (+26.3%) | $1,763 – $1,800 | 22 |
| 1BR | $1,700 | +$200 (+13.3%) | +$115 (+7.3%) | $1,700 – $1,700 | 1 |
| 1BR | $1,850 | +$350 (+23.3%) | +$265 (+16.7%) | $1,750 – $1,925 | 57 |
| 2BR | $1,850 | −$1,150 (-38.3%) | −$345 (-15.7%) | $1,850 – $1,850 | 1 |
| 2BR | $2,395 | −$605 (-20.2%) | +$200 (+9.1%) | $2,175 – $2,600 | 47 |
| 3BR | $3,200 | −$447 (-12.3%) | +$275 (+9.4%) | $3,200 – $3,800 | 13 |
| 3BR | $3,500 | −$147 (-4.0%) | +$575 (+19.7%) | $3,500 – $3,500 | 1 |
| 4BR | $5,699 | +$1,624 (+39.9%) | — | $5,699 – $5,699 | 1 |
| 4BR | $5,699 | +$1,624 (+39.9%) | — | $5,699 – $5,699 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — April 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,775 | +$25 (+1.4%) |
| Studio | $1,800 | $1,775 | +$25 (+1.4%) |
| 1BR | $1,700 | $2,097 | −$397 (-18.9%) |
| 1BR | $1,850 | $2,097 | −$247 (-11.8%) |
| 2BR | $1,850 | $2,795 | −$945 (-33.8%) |
| 2BR | $2,395 | $2,795 | −$400 (-14.3%) |
| 3BR | $3,200 | $3,895 | −$695 (-17.8%) |
| 3BR | $3,500 | $3,895 | −$395 (-10.1%) |
| 4BR | $5,699 | $4,970 | +$729 (+14.7%) |
| 4BR | $5,699 | $4,970 | +$729 (+14.7%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.