Monthly Rent Report
Downey Rent Report — July 2024
Asking rents in ZIP 90240, Los Angeles, from 53 listings.
Median 1BR rent in Downey was $1,895 in July 2024, flat versus June 2024 and up 8.3% year-over-year. The middle half of 1BR listings asked between $1,798 and $1,973. That puts Downey $200 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 53 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,895 | $0 (0.0%) | +$145 (+8.3%) | $1,798 – $1,973 | 15 |
| 1BR | $1,800 | −$95 (-5.0%) | +$50 (+2.9%) | $1,795 – $1,895 | 9 |
| 2BR | $2,495 | −$205 (-7.6%) | −$105 (-4.0%) | $2,375 – $2,948 | 19 |
| 2BR | $3,120 | +$420 (+15.6%) | +$520 (+20.0%) | $3,108 – $3,133 | 2 |
| 3BR | $3,150 | −$1,350 (-30.0%) | −$150 (-4.5%) | $3,150 – $3,150 | 1 |
| 3BR | $4,500 | $0 (0.0%) | +$1,200 (+36.4%) | $4,450 – $4,538 | 3 |
| 4BR | $6,950 | −$1,000 (-12.6%) | +$2,550 (+58.0%) | $5,975 – $7,450 | 3 |
| 4BR | $3,670 | −$4,280 (-53.8%) | −$730 (-16.6%) | $3,670 – $3,670 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — July 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,895 | $2,095 | −$200 (-9.5%) |
| 1BR | $1,800 | $2,095 | −$295 (-14.1%) |
| 2BR | $2,495 | $2,835 | −$340 (-12.0%) |
| 2BR | $3,120 | $2,835 | +$285 (+10.1%) |
| 3BR | $3,150 | $3,900 | −$750 (-19.2%) |
| 3BR | $4,500 | $3,900 | +$600 (+15.4%) |
| 4BR | $6,950 | $5,270 | +$1,680 (+31.9%) |
| 4BR | $3,670 | $5,270 | −$1,600 (-30.4%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.