Monthly Rent Report
Downey Rent Report — October 2024
Asking rents in ZIP 90241, Los Angeles, from 13 listings.
Median 1BR rent in Downey was $1,675 in October 2024, down 9.5% (−$175) from September 2024 and up 3.7% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,675. That puts Downey $336 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 13 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | $0 (0.0%) | −$5 (-0.3%) | $1,795 – $1,795 | 1 |
| Studio | $1,700 | −$95 (-5.3%) | −$100 (-5.6%) | $1,700 – $1,700 | 1 |
| 1BR | $1,675 | −$175 (-9.5%) | +$60 (+3.7%) | $1,675 – $1,675 | 1 |
| 1BR | $1,850 | $0 (0.0%) | +$235 (+14.6%) | $1,738 – $1,888 | 4 |
| 2BR | $1,900 | −$495 (-20.7%) | −$550 (-22.4%) | $1,900 – $2,325 | 3 |
| 2BR | $2,850 | +$455 (+19.0%) | +$400 (+16.3%) | $2,850 – $2,850 | 1 |
| 3BR | $2,925 | −$1,075 (-26.9%) | −$1,470 (-33.4%) | $2,925 – $2,925 | 1 |
| 4BR | $4,100 | +$200 (+5.1%) | — | $4,100 – $4,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — October 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,700 | +$95 (+5.6%) |
| Studio | $1,700 | $1,700 | $0 (0.0%) |
| 1BR | $1,675 | $2,011 | −$336 (-16.7%) |
| 1BR | $1,850 | $2,011 | −$161 (-8.0%) |
| 2BR | $1,900 | $2,727 | −$827 (-30.3%) |
| 2BR | $2,850 | $2,727 | +$123 (+4.5%) |
| 3BR | $2,925 | $3,816 | −$891 (-23.3%) |
| 4BR | $4,100 | $5,225 | −$1,125 (-21.5%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.