Monthly Rent Report
Downey Rent Report — July 2023
Asking rents in ZIP 90241, Los Angeles, from 37 listings.
Median 1BR rent in Downey was $1,875 in July 2023, up 29.3% (+$425) from June 2023 and down 2.3% year-over-year. The middle half of 1BR listings asked between $1,875 and $1,875. That puts Downey $250 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 37 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | $0 (0.0%) | $0 (0.0%) | $1,800 – $1,950 | 5 |
| Studio | $1,950 | +$150 (+8.3%) | +$150 (+8.3%) | $1,950 – $1,950 | 1 |
| 1BR | $1,875 | +$425 (+29.3%) | −$45 (-2.3%) | $1,875 – $1,875 | 1 |
| 1BR | $1,895 | +$445 (+30.7%) | −$25 (-1.3%) | $1,848 – $1,925 | 11 |
| 2BR | $2,295 | −$100 (-4.2%) | −$552 (-19.4%) | $2,198 – $2,498 | 7 |
| 2BR | $2,900 | +$505 (+21.1%) | +$53 (+1.8%) | $2,900 – $2,900 | 1 |
| 3BR | $3,900 | +$1,278 (+48.7%) | +$905 (+30.2%) | $3,850 – $4,850 | 5 |
| 3BR | $3,850 | +$1,228 (+46.8%) | +$855 (+28.5%) | $3,675 – $4,350 | 3 |
| 4BR | $4,300 | +$600 (+16.2%) | +$600 (+16.2%) | $4,250 – $4,350 | 2 |
| 4BR | $4,400 | +$700 (+18.9%) | +$700 (+18.9%) | $4,400 – $4,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — July 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,800 | $0 (0.0%) |
| Studio | $1,950 | $1,800 | +$150 (+8.3%) |
| 1BR | $1,875 | $2,125 | −$250 (-11.8%) |
| 1BR | $1,895 | $2,125 | −$230 (-10.8%) |
| 2BR | $2,295 | $2,873 | −$578 (-20.1%) |
| 2BR | $2,900 | $2,873 | +$27 (+0.9%) |
| 3BR | $3,900 | $3,836 | +$64 (+1.7%) |
| 3BR | $3,850 | $3,836 | +$14 (+0.4%) |
| 4BR | $4,300 | $4,572 | −$272 (-5.9%) |
| 4BR | $4,400 | $4,572 | −$172 (-3.8%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.