Monthly Rent Report
Downey Rent Report — December 2023
Asking rents in ZIP 90242, Los Angeles, from 219 listings.
Median 1BR rent in Downey was $1,995 in December 2023, up 17.7% (+$300) from November 2023 and up 8.0% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,074. That puts Downey $134 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 219 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,685 | −$90 (-5.1%) | −$15 (-0.9%) | $1,685 – $1,685 | 1 |
| Studio | $1,700 | −$75 (-4.2%) | $0 (0.0%) | $1,685 – $1,750 | 5 |
| 1BR | $1,995 | +$300 (+17.7%) | +$148 (+8.0%) | $1,850 – $2,074 | 92 |
| 1BR | $1,950 | +$255 (+15.0%) | +$103 (+5.5%) | $1,950 – $1,950 | 1 |
| 2BR | $2,445 | +$145 (+6.3%) | +$345 (+16.4%) | $2,325 – $2,500 | 76 |
| 2BR | $2,295 | −$5 (-0.2%) | +$195 (+9.3%) | $2,295 – $2,295 | 1 |
| 3BR | $3,199 | $0 (0.0%) | −$301 (-8.6%) | $3,199 – $3,350 | 30 |
| 3BR | $3,199 | $0 (0.0%) | −$301 (-8.6%) | $3,199 – $3,199 | 13 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — December 2023
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,685 | $1,750 | −$65 (-3.7%) |
| Studio | $1,700 | $1,750 | −$50 (-2.9%) |
| 1BR | $1,995 | $2,129 | −$134 (-6.3%) |
| 1BR | $1,950 | $2,129 | −$179 (-8.4%) |
| 2BR | $2,445 | $2,795 | −$350 (-12.5%) |
| 2BR | $2,295 | $2,795 | −$500 (-17.9%) |
| 3BR | $3,199 | $3,923 | −$723 (-18.4%) |
| 3BR | $3,199 | $3,923 | −$723 (-18.4%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.