Monthly Rent Report
Downey Rent Report — January 2024
Asking rents in ZIP 90240, Los Angeles, from 52 listings.
Median 1BR rent in Downey was $1,695 in January 2024, down 10.6% (−$200) from December 2023 and down 10.6% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,973. That puts Downey $402 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 52 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | $0 (0.0%) | — | $1,750 – $1,788 | 4 |
| Studio | $1,750 | $0 (0.0%) | — | $1,750 – $1,788 | 4 |
| 1BR | $1,695 | −$200 (-10.6%) | −$200 (-10.6%) | $1,695 – $1,973 | 11 |
| 1BR | $1,710 | −$185 (-9.8%) | −$185 (-9.8%) | $1,695 – $1,961 | 12 |
| 2BR | $2,650 | +$250 (+10.4%) | +$605 (+29.6%) | $2,650 – $2,650 | 3 |
| 2BR | $2,650 | +$250 (+10.4%) | +$605 (+29.6%) | $2,650 – $2,650 | 2 |
| 3BR | $3,794 | +$444 (+13.3%) | +$299 (+8.6%) | $3,561 – $4,125 | 8 |
| 3BR | $4,500 | +$1,150 (+34.3%) | +$1,005 (+28.8%) | $4,500 – $4,500 | 1 |
| 4BR | $6,250 | +$1,500 (+31.6%) | +$2,050 (+48.8%) | $5,000 – $7,500 | 4 |
| 4BR | $5,000 | +$250 (+5.3%) | +$800 (+19.0%) | $5,000 – $6,250 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — January 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,750 | $0 (0.0%) |
| Studio | $1,750 | $1,750 | $0 (0.0%) |
| 1BR | $1,695 | $2,097 | −$401 (-19.2%) |
| 1BR | $1,710 | $2,097 | −$386 (-18.4%) |
| 2BR | $2,650 | $2,795 | −$145 (-5.2%) |
| 2BR | $2,650 | $2,795 | −$145 (-5.2%) |
| 3BR | $3,794 | $3,950 | −$156 (-3.9%) |
| 3BR | $4,500 | $3,950 | +$550 (+13.9%) |
| 4BR | $6,250 | $5,200 | +$1,050 (+20.2%) |
| 4BR | $5,000 | $5,200 | −$200 (-3.8%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.