Monthly Rent Report
Downey Rent Report — January 2024
Asking rents in ZIP 90241, Los Angeles, from 84 listings.
Median 1BR rent in Downey was $2,000 in January 2024, up 11.2% (+$201) from December 2023 and up 1.3% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Downey $97 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 84 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$250 (-13.9%) | +$55 (+3.7%) | $1,506 – $1,700 | 14 |
| Studio | $1,750 | −$50 (-2.8%) | +$255 (+17.1%) | $1,750 – $1,750 | 1 |
| 1BR | $2,000 | +$201 (+11.2%) | +$25 (+1.3%) | $2,000 – $2,000 | 1 |
| 1BR | $1,895 | +$96 (+5.3%) | −$80 (-4.1%) | $1,850 – $2,000 | 34 |
| 2BR | $2,395 | −$355 (-12.9%) | +$145 (+6.4%) | $2,213 – $2,538 | 22 |
| 2BR | $2,050 | −$700 (-25.5%) | −$200 (-8.9%) | $2,050 – $2,050 | 1 |
| 3BR | $3,200 | −$500 (-13.5%) | −$95 (-2.9%) | $2,600 – $3,425 | 6 |
| 3BR | $3,200 | −$500 (-13.5%) | −$95 (-2.9%) | $3,200 – $3,200 | 1 |
| 4BR | $4,500 | +$5 (+0.1%) | +$1,000 (+28.6%) | $4,500 – $4,500 | 1 |
| 4BR | $4,500 | +$5 (+0.1%) | +$1,000 (+28.6%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — January 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,750 | −$200 (-11.4%) |
| Studio | $1,750 | $1,750 | $0 (0.0%) |
| 1BR | $2,000 | $2,097 | −$96 (-4.6%) |
| 1BR | $1,895 | $2,097 | −$201 (-9.6%) |
| 2BR | $2,395 | $2,795 | −$400 (-14.3%) |
| 2BR | $2,050 | $2,795 | −$745 (-26.7%) |
| 3BR | $3,200 | $3,950 | −$750 (-19.0%) |
| 3BR | $3,200 | $3,950 | −$750 (-19.0%) |
| 4BR | $4,500 | $5,200 | −$700 (-13.5%) |
| 4BR | $4,500 | $5,200 | −$700 (-13.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.