Monthly Rent Report
Downey Rent Report — September 2024
Asking rents in ZIP 90241, Los Angeles, from 32 listings.
Median 1BR rent in Downey was $1,850 in September 2024, down 2.4% (−$45) from August 2024 and down 5.1% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Downey $149 below the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 32 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | +$95 (+5.6%) | +$400 (+28.7%) | $1,698 – $1,800 | 19 |
| 1BR | $1,850 | −$45 (-2.4%) | −$100 (-5.1%) | $1,850 – $1,850 | 2 |
| 1BR | $2,095 | +$200 (+10.6%) | +$145 (+7.4%) | $2,095 – $2,095 | 2 |
| 2BR | $2,395 | +$108 (+4.7%) | −$5 (-0.2%) | $2,395 – $2,395 | 1 |
| 3BR | $4,000 | $0 (0.0%) | +$1,505 (+60.3%) | $4,000 – $4,000 | 1 |
| 4BR | $3,900 | −$99 (-2.5%) | — | $3,750 – $4,748 | 7 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — September 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,755 | +$40 (+2.3%) |
| 1BR | $1,850 | $1,999 | −$148 (-7.4%) |
| 1BR | $2,095 | $1,999 | +$97 (+4.8%) |
| 2BR | $2,395 | $2,795 | −$400 (-14.3%) |
| 3BR | $4,000 | $3,850 | +$150 (+3.9%) |
| 4BR | $3,900 | $4,995 | −$1,095 (-21.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.