Monthly Rent Report
Downey Rent Report — March 2024
Asking rents in ZIP 90241, Los Angeles, from 138 listings.
Median 1BR rent in Downey was $1,825 in March 2024, up 4.3% (+$75) from February 2024 and down 3.7% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,825. That puts Downey $320 below the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 138 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | +$50 (+2.9%) | −$50 (-2.8%) | $1,736 – $1,761 | 4 |
| Studio | $1,695 | −$5 (-0.3%) | −$105 (-5.8%) | $1,575 – $1,750 | 18 |
| 1BR | $1,825 | +$75 (+4.3%) | −$70 (-3.7%) | $1,825 – $1,825 | 2 |
| 1BR | $2,048 | +$298 (+17.0%) | +$153 (+8.0%) | $2,024 – $2,071 | 2 |
| 2BR | $3,200 | +$553 (+20.9%) | +$200 (+6.7%) | $3,200 – $3,200 | 1 |
| 2BR | $2,395 | −$252 (-9.5%) | −$605 (-20.2%) | $2,103 – $2,545 | 55 |
| 3BR | $3,350 | −$150 (-4.3%) | −$445 (-11.7%) | $2,875 – $3,600 | 20 |
| 3BR | $3,100 | −$400 (-11.4%) | −$695 (-18.3%) | $2,800 – $3,400 | 18 |
| 4BR | $7,000 | +$2,900 (+70.7%) | +$2,910 (+71.1%) | $7,000 – $7,000 | 9 |
| 4BR | $7,000 | +$2,900 (+70.7%) | +$2,910 (+71.1%) | $4,500 – $7,000 | 9 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — March 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,723 | +$28 (+1.6%) |
| Studio | $1,695 | $1,723 | −$27 (-1.6%) |
| 1BR | $1,825 | $2,145 | −$320 (-14.9%) |
| 1BR | $2,048 | $2,145 | −$97 (-4.5%) |
| 2BR | $3,200 | $2,850 | +$350 (+12.3%) |
| 2BR | $2,395 | $2,850 | −$455 (-16.0%) |
| 3BR | $3,350 | $3,762 | −$412 (-11.0%) |
| 3BR | $3,100 | $3,762 | −$662 (-17.6%) |
| 4BR | $7,000 | $4,950 | +$2,050 (+41.4%) |
| 4BR | $7,000 | $4,950 | +$2,050 (+41.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.