Monthly Rent Report
Downey Rent Report — June 2024
Asking rents in ZIP 90241, Los Angeles, from 145 listings.
Median 1BR rent in Downey was $1,895 in June 2024, down 7.6% (−$155) from May 2024 and down 0.1% year-over-year. The middle half of 1BR listings asked between $1,895 and $1,923. That puts Downey $205 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 145 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$5 (+0.3%) | +$405 (+29.0%) | $1,650 – $1,895 | 25 |
| Studio | $1,800 | +$5 (+0.3%) | +$405 (+29.0%) | $1,800 – $1,800 | 1 |
| 1BR | $1,895 | −$155 (-7.6%) | −$2 (-0.1%) | $1,895 – $1,923 | 3 |
| 1BR | $2,095 | +$45 (+2.2%) | +$198 (+10.4%) | $2,095 – $2,095 | 1 |
| 2BR | $2,395 | +$1,045 (+77.4%) | $0 (0.0%) | $2,300 – $2,500 | 62 |
| 2BR | $2,295 | +$945 (+70.0%) | −$100 (-4.2%) | $2,295 – $2,295 | 1 |
| 3BR | $3,995 | +$45 (+1.1%) | −$505 (-11.2%) | $3,995 – $3,995 | 1 |
| 3BR | $3,950 | $0 (0.0%) | −$550 (-12.2%) | $3,175 – $6,000 | 32 |
| 4BR | $4,200 | −$2,800 (-40.0%) | −$200 (-4.5%) | $3,900 – $6,713 | 18 |
| 4BR | $3,900 | −$3,100 (-44.3%) | −$500 (-11.4%) | $3,900 – $3,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — June 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,759 | +$41 (+2.3%) |
| Studio | $1,800 | $1,759 | +$41 (+2.3%) |
| 1BR | $1,895 | $2,100 | −$205 (-9.8%) |
| 1BR | $2,095 | $2,100 | −$5 (-0.2%) |
| 2BR | $2,395 | $2,885 | −$490 (-17.0%) |
| 2BR | $2,295 | $2,885 | −$590 (-20.5%) |
| 3BR | $3,995 | $3,900 | +$95 (+2.4%) |
| 3BR | $3,950 | $3,900 | +$50 (+1.3%) |
| 4BR | $4,200 | $5,000 | −$800 (-16.0%) |
| 4BR | $3,900 | $5,000 | −$1,100 (-22.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.