Monthly Rent Report
Downey Rent Report — December 2024
Asking rents in ZIP 90240, Los Angeles, from 36 listings.
Median 1BR rent in Downey was $1,895 in December 2024, up 33.0% (+$470) from November 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,861 and $1,970. That puts Downey $173 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 36 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,895 | +$470 (+33.0%) | $0 (0.0%) | $1,861 – $1,970 | 6 |
| 1BR | $2,300 | +$875 (+61.4%) | +$405 (+21.4%) | $2,300 – $2,300 | 1 |
| 2BR | $2,473 | −$322 (-11.5%) | +$73 (+3.0%) | $2,336 – $2,495 | 8 |
| 2BR | $2,473 | −$322 (-11.5%) | +$73 (+3.0%) | $2,336 – $2,495 | 8 |
| 3BR | $3,895 | +$20 (+0.5%) | +$545 (+16.3%) | $3,895 – $3,895 | 1 |
| 3BR | $3,800 | −$75 (-1.9%) | +$450 (+13.4%) | $3,725 – $3,800 | 3 |
| 4BR | $4,500 | −$175 (-3.7%) | −$250 (-5.3%) | $4,350 – $5,037 | 8 |
| 4BR | $4,350 | −$325 (-7.0%) | −$400 (-8.4%) | $4,350 – $4,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — December 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,895 | $2,068 | −$172 (-8.3%) |
| 1BR | $2,300 | $2,068 | +$233 (+11.2%) |
| 2BR | $2,473 | $2,750 | −$277 (-10.1%) |
| 2BR | $2,473 | $2,750 | −$277 (-10.1%) |
| 3BR | $3,895 | $3,995 | −$100 (-2.5%) |
| 3BR | $3,800 | $3,995 | −$195 (-4.9%) |
| 4BR | $4,500 | $4,900 | −$400 (-8.2%) |
| 4BR | $4,350 | $4,900 | −$550 (-11.2%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.