Monthly Rent Report
Downey Rent Report — October 2024
Asking rents in ZIP 90240, Los Angeles, from 20 listings.
Median 1BR rent in Downey was $2,238 in October 2024, up 22.8% (+$415) from September 2024 and up 32.0% year-over-year. The middle half of 1BR listings asked between $2,206 and $2,269. That puts Downey $226 above the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 20 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,238 | +$415 (+22.8%) | +$543 (+32.0%) | $2,206 – $2,269 | 2 |
| 1BR | $2,654 | +$832 (+45.6%) | +$959 (+56.6%) | $2,654 – $2,654 | 1 |
| 2BR | $3,095 | +$600 (+24.0%) | +$600 (+24.0%) | $3,003 – $3,192 | 3 |
| 2BR | $2,700 | +$205 (+8.2%) | +$205 (+8.2%) | $2,700 – $2,700 | 1 |
| 3BR | $4,400 | −$100 (-2.2%) | +$703 (+19.0%) | $4,250 – $4,425 | 4 |
| 4BR | $4,850 | −$2,825 (-36.8%) | −$450 (-8.5%) | $4,738 – $6,838 | 6 |
| 4BR | $4,200 | −$3,475 (-45.3%) | −$1,100 (-20.8%) | $4,200 – $4,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — October 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,238 | $2,011 | +$226 (+11.2%) |
| 1BR | $2,654 | $2,011 | +$643 (+32.0%) |
| 2BR | $3,095 | $2,727 | +$368 (+13.5%) |
| 2BR | $2,700 | $2,727 | −$27 (-1.0%) |
| 3BR | $4,400 | $3,816 | +$584 (+15.3%) |
| 4BR | $4,850 | $5,225 | −$375 (-7.2%) |
| 4BR | $4,200 | $5,225 | −$1,025 (-19.6%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.