Monthly Rent Report
Downey Rent Report — July 2024
Asking rents in ZIP 90241, Los Angeles, from 90 listings.
Median 1BR rent in Downey was $1,995 in July 2024, up 5.3% (+$100) from June 2024 and up 5.3% year-over-year. The middle half of 1BR listings asked between $1,925 and $2,150. That puts Downey $100 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 90 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | $0 (0.0%) | −$150 (-7.7%) | $1,500 – $1,895 | 5 |
| Studio | $1,800 | $0 (0.0%) | −$150 (-7.7%) | $1,800 – $1,800 | 1 |
| 1BR | $1,995 | +$100 (+5.3%) | +$100 (+5.3%) | $1,925 – $2,150 | 39 |
| 1BR | $1,895 | $0 (0.0%) | $0 (0.0%) | $1,895 – $1,998 | 3 |
| 2BR | $2,450 | +$55 (+2.3%) | −$450 (-15.5%) | $2,200 – $2,750 | 17 |
| 2BR | $2,495 | +$100 (+4.2%) | −$405 (-14.0%) | $2,495 – $2,495 | 2 |
| 3BR | $4,195 | +$200 (+5.0%) | +$345 (+9.0%) | $3,600 – $5,098 | 7 |
| 3BR | $4,200 | +$205 (+5.1%) | +$350 (+9.1%) | $4,200 – $4,200 | 1 |
| 4BR | $3,850 | −$50 (-1.3%) | −$450 (-10.5%) | $3,850 – $3,900 | 5 |
| 4BR | $4,350 | +$450 (+11.5%) | +$50 (+1.2%) | $3,875 – $4,500 | 10 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — July 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,778 | +$22 (+1.2%) |
| Studio | $1,800 | $1,778 | +$22 (+1.2%) |
| 1BR | $1,995 | $2,095 | −$100 (-4.8%) |
| 1BR | $1,895 | $2,095 | −$200 (-9.5%) |
| 2BR | $2,450 | $2,835 | −$385 (-13.6%) |
| 2BR | $2,495 | $2,835 | −$340 (-12.0%) |
| 3BR | $4,195 | $3,900 | +$295 (+7.6%) |
| 3BR | $4,200 | $3,900 | +$300 (+7.7%) |
| 4BR | $3,850 | $5,270 | −$1,420 (-26.9%) |
| 4BR | $4,350 | $5,270 | −$920 (-17.5%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.