Monthly Rent Report
Downey Rent Report — August 2023
Asking rents in ZIP 90242, Los Angeles, from 36 listings.
Median 1BR rent in Downey was $1,470 in August 2023, down 26.3% (−$525) from July 2023 and down 22.4% year-over-year. The middle half of 1BR listings asked between $1,470 and $1,470. That puts Downey $630 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 36 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | −$150 (-7.5%) | — | $1,850 – $1,850 | 1 |
| Studio | $1,700 | −$300 (-15.0%) | — | $1,625 – $1,775 | 2 |
| 1BR | $1,470 | −$525 (-26.3%) | −$425 (-22.4%) | $1,470 – $1,470 | 4 |
| 1BR | $1,470 | −$525 (-26.3%) | −$425 (-22.4%) | $1,470 – $1,470 | 4 |
| 2BR | $2,295 | −$305 (-11.7%) | +$95 (+4.3%) | $2,295 – $2,295 | 1 |
| 2BR | $2,405 | −$195 (-7.5%) | +$205 (+9.3%) | $2,284 – $2,525 | 12 |
| 3BR | $3,199 | $0 (0.0%) | $0 (0.0%) | $3,199 – $3,199 | 3 |
| 3BR | $3,795 | +$596 (+18.6%) | +$596 (+18.6%) | $3,695 – $3,800 | 7 |
| 4BR | $3,900 | $0 (0.0%) | — | $3,900 – $3,900 | 1 |
| 4BR | $3,900 | $0 (0.0%) | — | $3,900 – $3,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — August 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $1,775 | +$75 (+4.2%) |
| Studio | $1,700 | $1,775 | −$75 (-4.2%) |
| 1BR | $1,470 | $2,100 | −$630 (-30.0%) |
| 1BR | $1,470 | $2,100 | −$630 (-30.0%) |
| 2BR | $2,295 | $2,895 | −$600 (-20.7%) |
| 2BR | $2,405 | $2,895 | −$490 (-16.9%) |
| 3BR | $3,199 | $3,897 | −$698 (-17.9%) |
| 3BR | $3,795 | $3,897 | −$102 (-2.6%) |
| 4BR | $3,900 | $5,163 | −$1,262 (-24.5%) |
| 4BR | $3,900 | $5,163 | −$1,262 (-24.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.