Monthly Rent Report
Downey Rent Report — June 2023
Asking rents in ZIP 90242, Los Angeles, from 64 listings.
Median 1BR rent in Downey was $1,845 in June 2023, down 4.7% (−$90) from May 2023 and up 11.8% year-over-year. The middle half of 1BR listings asked between $1,845 and $1,845. That puts Downey $255 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 64 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | +$150 (+8.1%) | +$405 (+25.4%) | $1,925 – $2,075 | 2 |
| Studio | $1,595 | −$255 (-13.8%) | $0 (0.0%) | $1,595 – $1,595 | 1 |
| 1BR | $1,845 | −$90 (-4.7%) | +$195 (+11.8%) | $1,845 – $1,845 | 1 |
| 1BR | $1,895 | −$40 (-2.1%) | +$245 (+14.8%) | $1,846 – $1,938 | 14 |
| 2BR | $2,295 | −$80 (-3.4%) | $0 (0.0%) | $2,295 – $2,295 | 1 |
| 2BR | $2,375 | $0 (0.0%) | +$80 (+3.5%) | $2,195 – $2,668 | 17 |
| 3BR | $3,199 | $0 (0.0%) | −$476 (-13.0%) | $3,199 – $3,199 | 23 |
| 3BR | $3,300 | +$101 (+3.2%) | −$375 (-10.2%) | $3,300 – $3,300 | 1 |
| 4BR | $4,295 | — | — | $4,295 – $4,295 | 2 |
| 4BR | $4,295 | — | — | $4,295 – $4,295 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — June 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $1,758 | +$242 (+13.8%) |
| Studio | $1,595 | $1,758 | −$163 (-9.3%) |
| 1BR | $1,845 | $2,100 | −$255 (-12.1%) |
| 1BR | $1,895 | $2,100 | −$205 (-9.8%) |
| 2BR | $2,295 | $2,900 | −$605 (-20.9%) |
| 2BR | $2,375 | $2,900 | −$525 (-18.1%) |
| 3BR | $3,199 | $3,850 | −$651 (-16.9%) |
| 3BR | $3,300 | $3,850 | −$550 (-14.3%) |
| 4BR | $4,295 | $5,100 | −$805 (-15.8%) |
| 4BR | $4,295 | $5,100 | −$805 (-15.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.