Monthly Rent Report
Downey Rent Report — April 2024
Asking rents in ZIP 90240, Los Angeles, from 134 listings.
Median 1BR rent in Downey was $2,200 in April 2024, up 12.8% (+$250) from March 2024 and up 22.6% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Downey $105 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 134 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | $0 (0.0%) | — | $1,750 – $1,750 | 5 |
| Studio | $1,750 | $0 (0.0%) | — | $1,750 – $1,750 | 3 |
| 1BR | $2,200 | +$250 (+12.8%) | +$405 (+22.6%) | $2,200 – $2,200 | 1 |
| 1BR | $1,950 | $0 (0.0%) | +$155 (+8.6%) | $1,795 – $2,063 | 40 |
| 2BR | $2,495 | −$199 (-7.4%) | +$100 (+4.2%) | $2,361 – $2,980 | 46 |
| 2BR | $3,170 | +$476 (+17.7%) | +$775 (+32.4%) | $3,133 – $3,208 | 2 |
| 3BR | $4,500 | +$888 (+24.6%) | +$575 (+14.6%) | $4,500 – $4,500 | 1 |
| 3BR | $4,500 | +$888 (+24.6%) | +$575 (+14.6%) | $3,387 – $4,500 | 17 |
| 4BR | $4,999 | −$901 (-15.3%) | +$1,074 (+27.4%) | $4,800 – $8,450 | 13 |
| 4BR | $4,800 | −$1,100 (-18.6%) | +$875 (+22.3%) | $4,800 – $4,800 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — April 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,795 | −$45 (-2.5%) |
| Studio | $1,750 | $1,795 | −$45 (-2.5%) |
| 1BR | $2,200 | $2,095 | +$105 (+5.0%) |
| 1BR | $1,950 | $2,095 | −$145 (-6.9%) |
| 2BR | $2,495 | $2,833 | −$338 (-11.9%) |
| 2BR | $3,170 | $2,833 | +$337 (+11.9%) |
| 3BR | $4,500 | $3,950 | +$550 (+13.9%) |
| 3BR | $4,500 | $3,950 | +$550 (+13.9%) |
| 4BR | $4,999 | $4,999 | $0 (0.0%) |
| 4BR | $4,800 | $4,999 | −$199 (-4.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.