Monthly Rent Report
Downey Rent Report — October 2023
Asking rents in ZIP 90242, Los Angeles, from 18 listings.
Median 1BR rent in Downey was $1,650 in October 2023, down 2.7% (−$45) from September 2023 and down 10.7% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Downey $348 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 18 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | −$115 (-6.6%) | — | $1,563 – $1,688 | 2 |
| 1BR | $1,650 | −$45 (-2.7%) | −$197 (-10.7%) | $1,650 – $1,650 | 1 |
| 1BR | $1,945 | +$250 (+14.7%) | +$98 (+5.3%) | $1,945 – $1,945 | 6 |
| 2BR | $2,495 | +$500 (+25.1%) | −$5 (-0.2%) | $2,483 – $2,495 | 4 |
| 2BR | $2,245 | +$250 (+12.5%) | −$255 (-10.2%) | $2,245 – $2,245 | 1 |
| 3BR | $4,000 | −$125 (-3.0%) | +$801 (+25.0%) | $4,000 – $4,000 | 3 |
| 3BR | $3,575 | −$550 (-13.3%) | +$376 (+11.8%) | $3,575 – $3,575 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — October 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $1,700 | −$75 (-4.4%) |
| 1BR | $1,650 | $1,998 | −$347 (-17.4%) |
| 1BR | $1,945 | $1,998 | −$52 (-2.6%) |
| 2BR | $2,495 | $2,750 | −$255 (-9.3%) |
| 2BR | $2,245 | $2,750 | −$505 (-18.4%) |
| 3BR | $4,000 | $4,195 | −$195 (-4.6%) |
| 3BR | $3,575 | $4,195 | −$620 (-14.8%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.