Monthly Rent Report
Downey Rent Report — September 2023
Asking rents in ZIP 90242, Los Angeles, from 17 listings.
Median 1BR rent in Downey was $1,695 in September 2023, up 15.3% (+$225) from August 2023 and down 17.2% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Downey $305 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 17 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,740 | +$40 (+2.4%) | — | $1,740 – $1,823 | 6 |
| Studio | $1,795 | +$95 (+5.6%) | — | $1,768 – $1,823 | 2 |
| 1BR | $1,695 | +$225 (+15.3%) | −$351 (-17.2%) | $1,695 – $1,695 | 1 |
| 1BR | $2,100 | +$630 (+42.9%) | +$54 (+2.6%) | $2,100 – $2,100 | 1 |
| 2BR | $2,705 | +$410 (+17.9%) | +$310 (+12.9%) | $2,653 – $2,853 | 3 |
| 2BR | $1,995 | −$300 (-13.1%) | −$400 (-16.7%) | $1,995 – $1,995 | 1 |
| 3BR | $4,125 | +$926 (+28.9%) | +$926 (+28.9%) | $3,813 – $4,438 | 2 |
| 3BR | $3,750 | +$551 (+17.2%) | +$551 (+17.2%) | $3,750 – $3,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — September 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,740 | $1,795 | −$55 (-3.1%) |
| Studio | $1,795 | $1,795 | $0 (0.0%) |
| 1BR | $1,695 | $2,000 | −$305 (-15.3%) |
| 1BR | $2,100 | $2,000 | +$100 (+5.0%) |
| 2BR | $2,705 | $2,750 | −$45 (-1.6%) |
| 2BR | $1,995 | $2,750 | −$755 (-27.5%) |
| 3BR | $4,125 | $3,948 | +$178 (+4.5%) |
| 3BR | $3,750 | $3,948 | −$197 (-5.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.