Monthly Rent Report
Downey Rent Report — June 2023
Asking rents in ZIP 90241, Los Angeles, from 59 listings.
Median 1BR rent in Downey was $1,898 in June 2023, up 0.1% (+$3) from May 2023 and up 5.4% year-over-year. The middle half of 1BR listings asked between $1,829 and $1,925. That puts Downey $203 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 59 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | $0 (0.0%) | +$100 (+7.7%) | $1,395 – $1,395 | 1 |
| Studio | $1,800 | +$405 (+29.0%) | +$505 (+39.0%) | $1,774 – $1,800 | 4 |
| 1BR | $1,898 | +$3 (+0.1%) | +$98 (+5.4%) | $1,829 – $1,925 | 28 |
| 1BR | $1,450 | −$445 (-23.5%) | −$350 (-19.4%) | $1,450 – $1,450 | 1 |
| 2BR | $2,348 | −$752 (-24.3%) | +$198 (+9.2%) | $2,295 – $2,650 | 16 |
| 2BR | $2,395 | −$705 (-22.7%) | +$245 (+11.4%) | $2,395 – $2,395 | 1 |
| 3BR | $2,623 | −$672 (-20.4%) | −$1,277 (-32.8%) | $2,509 – $2,736 | 2 |
| 3BR | $4,500 | +$1,205 (+36.6%) | +$600 (+15.4%) | $4,500 – $4,500 | 1 |
| 4BR | $4,400 | −$50 (-1.1%) | −$95 (-2.1%) | $4,400 – $4,400 | 1 |
| 4BR | $3,700 | −$750 (-16.9%) | −$795 (-17.7%) | $3,450 – $3,900 | 4 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — June 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,758 | −$363 (-20.6%) |
| Studio | $1,800 | $1,758 | +$42 (+2.4%) |
| 1BR | $1,898 | $2,100 | −$202 (-9.6%) |
| 1BR | $1,450 | $2,100 | −$650 (-31.0%) |
| 2BR | $2,348 | $2,900 | −$552 (-19.1%) |
| 2BR | $2,395 | $2,900 | −$505 (-17.4%) |
| 3BR | $2,623 | $3,850 | −$1,227 (-31.9%) |
| 3BR | $4,500 | $3,850 | +$650 (+16.9%) |
| 4BR | $4,400 | $5,100 | −$700 (-13.7%) |
| 4BR | $3,700 | $5,100 | −$1,400 (-27.5%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.