Monthly Rent Report
Downey Rent Report — September 2023
Asking rents in ZIP 90241, Los Angeles, from 12 listings.
Median 1BR rent in Downey was $1,695 in September 2023, down 8.4% (−$155) from August 2023 and down 15.0% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Downey $305 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 12 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$300 (-17.7%) | −$405 (-22.5%) | $1,395 – $1,395 | 1 |
| 1BR | $1,695 | −$155 (-8.4%) | −$300 (-15.0%) | $1,695 – $1,695 | 1 |
| 1BR | $1,950 | +$100 (+5.4%) | −$45 (-2.3%) | $1,950 – $1,950 | 2 |
| 2BR | $2,395 | −$30 (-1.2%) | −$805 (-25.2%) | $2,300 – $2,595 | 5 |
| 2BR | $2,400 | −$25 (-1.0%) | −$800 (-25.0%) | $2,400 – $2,400 | 1 |
| 3BR | $2,495 | $0 (0.0%) | −$1,205 (-32.6%) | $2,495 – $2,495 | 1 |
| 3BR | $3,500 | +$1,005 (+40.3%) | −$200 (-5.4%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — September 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,795 | −$400 (-22.3%) |
| 1BR | $1,695 | $2,000 | −$305 (-15.3%) |
| 1BR | $1,950 | $2,000 | −$50 (-2.5%) |
| 2BR | $2,395 | $2,750 | −$355 (-12.9%) |
| 2BR | $2,400 | $2,750 | −$350 (-12.7%) |
| 3BR | $2,495 | $3,948 | −$1,452 (-36.8%) |
| 3BR | $3,500 | $3,948 | −$447 (-11.3%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.