Monthly Rent Report
Downey Rent Report — April 2024
Asking rents in ZIP 90241, Los Angeles, from 273 listings.
Median 1BR rent in Downey was $1,900 in April 2024, down 7.2% (−$147) from March 2024 and up 2.7% year-over-year. The middle half of 1BR listings asked between $1,843 and $1,995. That puts Downey $195 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 273 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | −$55 (-3.1%) | −$105 (-5.8%) | $1,650 – $1,695 | 45 |
| Studio | $1,795 | +$45 (+2.6%) | −$5 (-0.3%) | $1,795 – $1,795 | 1 |
| 1BR | $1,900 | −$147 (-7.2%) | +$50 (+2.7%) | $1,843 – $1,995 | 123 |
| 1BR | $1,950 | −$97 (-4.8%) | +$100 (+5.4%) | $1,950 – $1,950 | 1 |
| 2BR | $2,195 | −$200 (-8.4%) | −$200 (-8.4%) | $2,195 – $2,195 | 2 |
| 2BR | $2,400 | +$5 (+0.2%) | +$5 (+0.2%) | $2,200 – $2,600 | 73 |
| 3BR | $3,700 | +$350 (+10.4%) | +$200 (+5.7%) | $3,250 – $4,950 | 15 |
| 3BR | $3,200 | −$150 (-4.5%) | −$300 (-8.6%) | $3,200 – $3,200 | 1 |
| 4BR | $3,975 | −$3,025 (-43.2%) | −$1,724 (-30.3%) | $3,700 – $6,313 | 6 |
| 4BR | $3,700 | −$3,300 (-47.1%) | −$1,999 (-35.1%) | $3,700 – $4,113 | 6 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — April 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,795 | −$100 (-5.6%) |
| Studio | $1,795 | $1,795 | $0 (0.0%) |
| 1BR | $1,900 | $2,095 | −$195 (-9.3%) |
| 1BR | $1,950 | $2,095 | −$145 (-6.9%) |
| 2BR | $2,195 | $2,833 | −$638 (-22.5%) |
| 2BR | $2,400 | $2,833 | −$433 (-15.3%) |
| 3BR | $3,700 | $3,950 | −$250 (-6.3%) |
| 3BR | $3,200 | $3,950 | −$750 (-19.0%) |
| 4BR | $3,975 | $4,999 | −$1,024 (-20.5%) |
| 4BR | $3,700 | $4,999 | −$1,299 (-26.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.