Monthly Rent Report
Downey Rent Report — February 2024
Asking rents in ZIP 90241, Los Angeles, from 184 listings.
Median 1BR rent in Downey was $1,950 in February 2024, up 2.9% (+$55) from January 2024 and up 10.0% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,095. That puts Downey $245 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 184 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$100 (-5.7%) | −$45 (-2.7%) | $1,538 – $1,713 | 20 |
| Studio | $1,700 | −$50 (-2.9%) | +$5 (+0.3%) | $1,700 – $1,700 | 1 |
| 1BR | $1,950 | +$55 (+2.9%) | +$178 (+10.0%) | $1,850 – $2,095 | 86 |
| 1BR | $1,750 | −$145 (-7.7%) | −$22 (-1.3%) | $1,750 – $1,750 | 1 |
| 2BR | $2,395 | +$345 (+16.8%) | −$100 (-4.0%) | $2,200 – $2,600 | 58 |
| 2BR | $2,648 | +$598 (+29.1%) | +$153 (+6.1%) | $2,521 – $2,774 | 2 |
| 3BR | $3,500 | +$300 (+9.4%) | +$405 (+13.1%) | $3,150 – $3,858 | 11 |
| 3BR | $3,100 | −$100 (-3.1%) | +$5 (+0.2%) | $3,100 – $3,100 | 1 |
| 4BR | $4,100 | −$400 (-8.9%) | −$149 (-3.5%) | $3,900 – $4,300 | 2 |
| 4BR | $4,100 | −$400 (-8.9%) | −$149 (-3.5%) | $3,900 – $4,300 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — February 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,750 | −$99 (-5.7%) |
| Studio | $1,700 | $1,750 | −$49 (-2.8%) |
| 1BR | $1,950 | $2,195 | −$245 (-11.2%) |
| 1BR | $1,750 | $2,195 | −$445 (-20.3%) |
| 2BR | $2,395 | $2,850 | −$455 (-16.0%) |
| 2BR | $2,648 | $2,850 | −$202 (-7.1%) |
| 3BR | $3,500 | $3,995 | −$495 (-12.4%) |
| 3BR | $3,100 | $3,995 | −$895 (-22.4%) |
| 4BR | $4,100 | $5,000 | −$900 (-18.0%) |
| 4BR | $4,100 | $5,000 | −$900 (-18.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.