Monthly Rent Report
Downey Rent Report — May 2023
Asking rents in ZIP 90242, Los Angeles, from 114 listings.
Median 1BR rent in Downey was $1,935 in May 2023, up 1.8% (+$35) from April 2023 and up 3.2% year-over-year. The middle half of 1BR listings asked between $1,825 and $2,040. That puts Downey $187 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 114 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | $0 (0.0%) | — | $1,763 – $2,150 | 7 |
| Studio | $1,850 | $0 (0.0%) | — | $1,763 – $2,000 | 3 |
| 1BR | $1,935 | +$35 (+1.8%) | +$60 (+3.2%) | $1,825 – $2,040 | 35 |
| 1BR | $1,845 | −$55 (-2.9%) | −$30 (-1.6%) | $1,845 – $1,845 | 1 |
| 2BR | $2,295 | −$100 (-4.2%) | +$400 (+21.1%) | $2,215 – $2,295 | 5 |
| 2BR | $2,375 | −$20 (-0.8%) | +$480 (+25.3%) | $2,235 – $2,500 | 43 |
| 3BR | $3,695 | +$496 (+15.5%) | +$762 (+26.0%) | $3,695 – $3,695 | 1 |
| 3BR | $3,199 | $0 (0.0%) | +$266 (+9.1%) | $3,199 – $3,199 | 19 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — May 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $1,750 | +$100 (+5.7%) |
| Studio | $1,850 | $1,750 | +$100 (+5.7%) |
| 1BR | $1,935 | $2,122 | −$187 (-8.8%) |
| 1BR | $1,845 | $2,122 | −$277 (-13.1%) |
| 2BR | $2,295 | $2,780 | −$485 (-17.4%) |
| 2BR | $2,375 | $2,780 | −$405 (-14.6%) |
| 3BR | $3,695 | $3,943 | −$247 (-6.3%) |
| 3BR | $3,199 | $3,943 | −$743 (-18.9%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.