Monthly Rent Report
Downey Rent Report — December 2023
Asking rents in ZIP 90241, Los Angeles, from 104 listings.
Median 1BR rent in Downey was $1,799 in December 2023, down 5.1% (−$96) from November 2023 and down 2.5% year-over-year. The middle half of 1BR listings asked between $1,799 and $1,799. That puts Downey $330 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 104 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | $0 (0.0%) | +$125 (+7.5%) | $1,800 – $1,800 | 2 |
| Studio | $1,800 | $0 (0.0%) | +$125 (+7.5%) | $1,800 – $1,800 | 1 |
| 1BR | $1,799 | −$96 (-5.1%) | −$46 (-2.5%) | $1,799 – $1,799 | 1 |
| 1BR | $1,875 | −$20 (-1.1%) | +$30 (+1.6%) | $1,795 – $1,995 | 81 |
| 2BR | $2,750 | +$450 (+19.6%) | +$400 (+17.0%) | $2,750 – $2,750 | 2 |
| 2BR | $2,200 | −$100 (-4.3%) | −$150 (-6.4%) | $2,200 – $2,200 | 1 |
| 3BR | $3,500 | −$695 (-16.6%) | +$300 (+9.4%) | $3,500 – $3,500 | 1 |
| 3BR | $3,700 | −$495 (-11.8%) | +$500 (+15.6%) | $3,200 – $3,700 | 9 |
| 4BR | $4,495 | +$545 (+13.8%) | +$620 (+16.0%) | $4,495 – $4,495 | 5 |
| 4BR | $4,495 | +$545 (+13.8%) | +$620 (+16.0%) | $4,495 – $4,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — December 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,750 | +$50 (+2.9%) |
| Studio | $1,800 | $1,750 | +$50 (+2.9%) |
| 1BR | $1,799 | $2,129 | −$330 (-15.5%) |
| 1BR | $1,875 | $2,129 | −$254 (-11.9%) |
| 2BR | $2,750 | $2,795 | −$45 (-1.6%) |
| 2BR | $2,200 | $2,795 | −$595 (-21.3%) |
| 3BR | $3,500 | $3,923 | −$422 (-10.8%) |
| 3BR | $3,700 | $3,923 | −$222 (-5.7%) |
| 4BR | $4,495 | $4,750 | −$255 (-5.4%) |
| 4BR | $4,495 | $4,750 | −$255 (-5.4%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.