Monthly Rent Report
Downey Rent Report — June 2024
Asking rents in ZIP 90240, Los Angeles, from 209 listings.
Median 1BR rent in Downey was $1,895 in June 2024, down 56.9% (−$2,505) from May 2024 and up 5.5% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,023. That puts Downey $205 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 209 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,895 | −$2,505 (-56.9%) | +$98 (+5.5%) | $1,800 – $2,023 | 51 |
| 1BR | $1,895 | −$2,505 (-56.9%) | +$98 (+5.5%) | $1,800 – $2,023 | 43 |
| 2BR | $2,700 | +$205 (+8.2%) | +$305 (+12.7%) | $2,700 – $2,700 | 1 |
| 2BR | $2,495 | $0 (0.0%) | +$100 (+4.2%) | $2,300 – $2,943 | 71 |
| 3BR | $4,599 | +$199 (+4.5%) | +$968 (+26.7%) | $4,500 – $4,775 | 3 |
| 3BR | $4,500 | +$100 (+2.3%) | +$869 (+23.9%) | $4,471 – $4,950 | 12 |
| 4BR | $4,999 | +$199 (+4.1%) | — | $4,163 – $7,700 | 18 |
| 4BR | $7,950 | +$3,150 (+65.6%) | — | $7,950 – $7,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — June 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,895 | $2,100 | −$205 (-9.8%) |
| 1BR | $1,895 | $2,100 | −$205 (-9.8%) |
| 2BR | $2,700 | $2,885 | −$185 (-6.4%) |
| 2BR | $2,495 | $2,885 | −$390 (-13.5%) |
| 3BR | $4,599 | $3,900 | +$699 (+17.9%) |
| 3BR | $4,500 | $3,900 | +$600 (+15.4%) |
| 4BR | $4,999 | $5,000 | −$1 (-0.0%) |
| 4BR | $7,950 | $5,000 | +$2,950 (+59.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.