Monthly Rent Report
Downey Rent Report — November 2024
Asking rents in ZIP 90240, Los Angeles, from 9 listings.
Median 1BR rent in Downey was $1,425 in November 2024, down 36.3% (−$812) from October 2024 and up 14.0% year-over-year. The middle half of 1BR listings asked between $1,425 and $1,425. That puts Downey $648 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 9 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | — | +$200 (+11.4%) | $1,950 – $1,950 | 2 |
| 1BR | $1,425 | −$812 (-36.3%) | +$175 (+14.0%) | $1,425 – $1,425 | 1 |
| 1BR | $1,425 | −$812 (-36.3%) | +$175 (+14.0%) | $1,425 – $1,425 | 1 |
| 2BR | $2,795 | −$300 (-9.7%) | +$445 (+18.9%) | $2,795 – $2,795 | 1 |
| 3BR | $3,875 | −$525 (-11.9%) | +$176 (+4.7%) | $3,875 – $3,875 | 1 |
| 4BR | $4,675 | −$175 (-3.6%) | +$700 (+17.6%) | $4,438 – $4,913 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — November 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,750 | +$200 (+11.4%) |
| 1BR | $1,425 | $2,073 | −$647 (-31.2%) |
| 1BR | $1,425 | $2,073 | −$647 (-31.2%) |
| 2BR | $2,795 | $2,850 | −$55 (-1.9%) |
| 3BR | $3,875 | $3,895 | −$20 (-0.5%) |
| 4BR | $4,675 | $5,220 | −$544 (-10.4%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.