Monthly Rent Report
Downey Rent Report — October 2023
Asking rents in ZIP 90241, Los Angeles, from 26 listings.
Median 1BR rent in Downey was $2,100 in October 2023, up 23.9% (+$405) from September 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $2,048 and $2,100. That puts Downey $103 above the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 26 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$405 (+29.0%) | $0 (0.0%) | $1,646 – $1,800 | 12 |
| 1BR | $2,100 | +$405 (+23.9%) | $0 (0.0%) | $2,048 – $2,100 | 3 |
| 1BR | $1,615 | −$80 (-4.7%) | −$485 (-23.1%) | $1,558 – $1,673 | 2 |
| 2BR | $2,395 | −$5 (-0.2%) | +$23 (+0.9%) | $2,395 – $2,395 | 1 |
| 2BR | $2,450 | +$50 (+2.1%) | +$78 (+3.3%) | $2,450 – $2,450 | 1 |
| 3BR | $4,395 | +$895 (+25.6%) | −$1,105 (-20.1%) | $4,395 – $4,395 | 1 |
| 3BR | $4,395 | +$895 (+25.6%) | −$1,105 (-20.1%) | $4,395 – $4,395 | 6 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — October 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,700 | +$100 (+5.9%) |
| 1BR | $2,100 | $1,998 | +$103 (+5.1%) |
| 1BR | $1,615 | $1,998 | −$382 (-19.1%) |
| 2BR | $2,395 | $2,750 | −$355 (-12.9%) |
| 2BR | $2,450 | $2,750 | −$300 (-10.9%) |
| 3BR | $4,395 | $4,195 | +$200 (+4.8%) |
| 3BR | $4,395 | $4,195 | +$200 (+4.8%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.