Monthly Rent Report
Downey Rent Report — November 2023
Asking rents in ZIP 90241, Los Angeles, from 175 listings.
Median 1BR rent in Downey was $1,895 in November 2023, down 9.8% (−$205) from October 2023 and up 5.6% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,950. That puts Downey $230 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 175 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | $0 (0.0%) | +$300 (+20.0%) | $1,800 – $1,800 | 1 |
| Studio | $1,800 | $0 (0.0%) | +$300 (+20.0%) | $1,695 – $1,800 | 11 |
| 1BR | $1,895 | −$205 (-9.8%) | +$100 (+5.6%) | $1,795 – $1,950 | 106 |
| 1BR | $1,675 | −$425 (-20.2%) | −$120 (-6.7%) | $1,675 – $1,675 | 1 |
| 2BR | $2,195 | −$200 (-8.4%) | −$105 (-4.6%) | $2,195 – $2,398 | 3 |
| 2BR | $2,300 | −$95 (-4.0%) | $0 (0.0%) | $2,300 – $2,300 | 1 |
| 3BR | $4,195 | −$200 (-4.6%) | +$1,100 (+35.5%) | $3,700 – $4,395 | 16 |
| 3BR | $4,195 | −$200 (-4.6%) | +$1,100 (+35.5%) | $3,700 – $4,395 | 16 |
| 4BR | $3,950 | — | — | $3,950 – $4,200 | 10 |
| 4BR | $3,950 | — | — | $3,950 – $4,200 | 10 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — November 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 | $1,895 | $2,125 | −$230 (-10.8%) |
| 1BR | $1,675 | $2,125 | −$450 (-21.2%) |
| 2BR | $2,195 | $2,795 | −$600 (-21.5%) |
| 2BR | $2,300 | $2,795 | −$495 (-17.7%) |
| 3BR | $4,195 | $3,950 | +$245 (+6.2%) |
| 3BR | $4,195 | $3,950 | +$245 (+6.2%) |
| 4BR | $3,950 | $4,994 | −$1,044 (-20.9%) |
| 4BR | $3,950 | $4,994 | −$1,044 (-20.9%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.