Monthly Rent Report
Downey Rent Report — September 2024
Asking rents in ZIP 90240, Los Angeles, from 83 listings.
Median 1BR rent in Downey was $1,800 in September 2024, down 5.0% (−$95) from August 2024 and down 5.3% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Downey $199 below the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 83 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,800 | −$95 (-5.0%) | −$100 (-5.3%) | $1,800 – $1,800 | 1 |
| 1BR | $1,823 | −$72 (-3.8%) | −$77 (-4.1%) | $1,809 – $1,836 | 2 |
| 2BR | $2,495 | −$500 (-16.7%) | −$605 (-19.5%) | $2,284 – $2,995 | 56 |
| 3BR | $4,500 | +$500 (+12.5%) | +$625 (+16.1%) | $3,596 – $4,795 | 12 |
| 4BR | $7,675 | +$1,500 (+24.3%) | — | $6,175 – $7,950 | 7 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — September 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,800 | $1,999 | −$198 (-9.9%) |
| 1BR | $1,823 | $1,999 | −$176 (-8.8%) |
| 2BR | $2,495 | $2,795 | −$300 (-10.7%) |
| 3BR | $4,500 | $3,850 | +$650 (+16.9%) |
| 4BR | $7,675 | $4,995 | +$2,680 (+53.7%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.