Monthly Rent Report
Downey Rent Report — March 2023
Asking rents in ZIP 90242, Los Angeles, from 183 listings.
Median 1BR rent in Downey was $2,000 in March 2023, up 5.5% (+$105) from February 2023 and up 21.2% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Downey $97 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 183 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | −$150 (-7.5%) | +$255 (+16.0%) | $1,450 – $2,075 | 10 |
| Studio | $1,650 | −$350 (-17.5%) | +$55 (+3.4%) | $1,450 – $1,925 | 4 |
| 1BR | $2,000 | +$105 (+5.5%) | +$350 (+21.2%) | $2,000 – $2,000 | 1 |
| 1BR | $1,900 | +$5 (+0.3%) | +$250 (+15.2%) | $1,845 – $1,986 | 84 |
| 2BR | $2,295 | +$258 (+12.6%) | −$375 (-14.0%) | $2,295 – $2,295 | 1 |
| 2BR | $2,250 | +$213 (+10.4%) | −$420 (-15.7%) | $2,145 – $2,500 | 53 |
| 3BR | $2,900 | −$299 (-9.3%) | −$1,300 (-31.0%) | $2,900 – $2,900 | 1 |
| 3BR | $3,199 | $0 (0.0%) | −$1,001 (-23.8%) | $3,199 – $3,199 | 29 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — March 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $1,745 | +$105 (+6.0%) |
| Studio | $1,650 | $1,745 | −$95 (-5.4%) |
| 1BR | $2,000 | $2,097 | −$97 (-4.6%) |
| 1BR | $1,900 | $2,097 | −$197 (-9.4%) |
| 2BR | $2,295 | $2,750 | −$455 (-16.5%) |
| 2BR | $2,250 | $2,750 | −$500 (-18.2%) |
| 3BR | $2,900 | $3,923 | −$1,022 (-26.1%) |
| 3BR | $3,199 | $3,923 | −$723 (-18.4%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.