Monthly Rent Report
Downey Rent Report — January 2024
Asking rents in ZIP 90242, Los Angeles, from 83 listings.
Median 1BR rent in Downey was $1,800 in January 2024, down 9.8% (−$195) from December 2023 and down 5.3% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Downey $297 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 83 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,685 | −$15 (-0.9%) | — | $1,593 – $1,685 | 3 |
| Studio | $1,685 | −$15 (-0.9%) | — | $1,593 – $1,685 | 3 |
| 1BR | $1,800 | −$195 (-9.8%) | −$100 (-5.3%) | $1,800 – $1,800 | 1 |
| 1BR | $1,998 | +$3 (+0.1%) | +$98 (+5.1%) | $1,899 – $2,063 | 24 |
| 2BR | $2,595 | +$300 (+13.1%) | +$220 (+9.3%) | $2,595 – $2,595 | 1 |
| 2BR | $2,495 | +$200 (+8.7%) | +$120 (+5.1%) | $2,295 – $2,550 | 42 |
| 3BR | $2,695 | −$504 (-15.8%) | −$305 (-10.2%) | $2,695 – $2,695 | 1 |
| 3BR | $3,199 | $0 (0.0%) | +$199 (+6.6%) | $3,199 – $3,721 | 6 |
| 4BR | $3,975 | — | −$525 (-11.7%) | $3,975 – $3,975 | 1 |
| 4BR | $3,975 | — | −$525 (-11.7%) | $3,975 – $3,975 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — January 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,685 | $1,750 | −$65 (-3.7%) |
| Studio | $1,685 | $1,750 | −$65 (-3.7%) |
| 1BR | $1,800 | $2,097 | −$296 (-14.1%) |
| 1BR | $1,998 | $2,097 | −$99 (-4.7%) |
| 2BR | $2,595 | $2,795 | −$200 (-7.2%) |
| 2BR | $2,495 | $2,795 | −$300 (-10.7%) |
| 3BR | $2,695 | $3,950 | −$1,255 (-31.8%) |
| 3BR | $3,199 | $3,950 | −$751 (-19.0%) |
| 4BR | $3,975 | $5,200 | −$1,225 (-23.6%) |
| 4BR | $3,975 | $5,200 | −$1,225 (-23.6%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.