Monthly Rent Report
Downey Rent Report — July 2023
Asking rents in ZIP 90242, Los Angeles, from 40 listings.
Median 1BR rent in Downey was $1,995 in July 2023, up 8.1% (+$150) from June 2023 and up 15.0% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Downey $130 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 40 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | −$150 (-7.5%) | +$350 (+23.3%) | $1,850 – $2,000 | 3 |
| Studio | $2,000 | $0 (0.0%) | +$500 (+33.3%) | $1,925 – $2,075 | 2 |
| 1BR | $1,995 | +$150 (+8.1%) | +$260 (+15.0%) | $1,995 – $1,995 | 1 |
| 1BR | $1,923 | +$78 (+4.2%) | +$188 (+10.8%) | $1,850 – $2,070 | 14 |
| 2BR | $2,375 | $0 (0.0%) | +$680 (+40.1%) | $2,209 – $2,575 | 6 |
| 2BR | $2,600 | +$225 (+9.5%) | +$905 (+53.4%) | $2,600 – $2,600 | 1 |
| 3BR | $3,800 | +$601 (+18.8%) | +$125 (+3.4%) | $3,500 – $3,900 | 5 |
| 3BR | $3,199 | $0 (0.0%) | −$476 (-13.0%) | $3,199 – $3,199 | 6 |
| 4BR | $3,900 | −$395 (-9.2%) | +$400 (+11.4%) | $3,900 – $3,900 | 1 |
| 4BR | $3,900 | −$395 (-9.2%) | +$400 (+11.4%) | $3,900 – $3,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — July 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $1,800 | +$50 (+2.8%) |
| Studio | $2,000 | $1,800 | +$200 (+11.1%) |
| 1BR | $1,995 | $2,125 | −$130 (-6.1%) |
| 1BR | $1,923 | $2,125 | −$202 (-9.5%) |
| 2BR | $2,375 | $2,873 | −$498 (-17.3%) |
| 2BR | $2,600 | $2,873 | −$273 (-9.5%) |
| 3BR | $3,800 | $3,836 | −$36 (-0.9%) |
| 3BR | $3,199 | $3,836 | −$637 (-16.6%) |
| 4BR | $3,900 | $4,572 | −$672 (-14.7%) |
| 4BR | $3,900 | $4,572 | −$672 (-14.7%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.