Monthly Rent Report
Downey Rent Report — December 2024
Asking rents in ZIP 90241, Los Angeles, from 42 listings.
Median 1BR rent in Downey was $1,868 in December 2024, up 7.5% (+$130) from November 2024 and down 0.4% year-over-year. The middle half of 1BR listings asked between $1,825 and $2,074. That puts Downey $200 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 42 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$100 (-5.6%) | −$100 (-5.6%) | $1,700 – $1,700 | 2 |
| Studio | $1,700 | −$100 (-5.6%) | −$100 (-5.6%) | $1,700 – $1,700 | 2 |
| 1BR | $1,868 | +$130 (+7.5%) | −$7 (-0.4%) | $1,825 – $2,074 | 10 |
| 1BR | $1,845 | +$107 (+6.2%) | −$30 (-1.6%) | $1,845 – $1,845 | 1 |
| 2BR | $2,750 | +$250 (+10.0%) | +$550 (+25.0%) | $2,500 – $2,750 | 13 |
| 2BR | $2,595 | +$95 (+3.8%) | +$395 (+18.0%) | $2,595 – $2,595 | 1 |
| 3BR | $6,250 | +$1,750 (+38.9%) | +$2,550 (+68.9%) | $6,250 – $6,250 | 1 |
| 3BR | $3,750 | −$750 (-16.7%) | +$50 (+1.4%) | $3,200 – $3,975 | 9 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — December 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,725 | −$25 (-1.4%) |
| Studio | $1,700 | $1,725 | −$25 (-1.4%) |
| 1BR | $1,868 | $2,068 | −$200 (-9.7%) |
| 1BR | $1,845 | $2,068 | −$222 (-10.8%) |
| 2BR | $2,750 | $2,750 | $0 (0.0%) |
| 2BR | $2,595 | $2,750 | −$155 (-5.6%) |
| 3BR | $6,250 | $3,995 | +$2,255 (+56.4%) |
| 3BR | $3,750 | $3,995 | −$245 (-6.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.