Monthly Rent Report
Downey Rent Report — April 2024
Asking rents in ZIP 90242, Los Angeles, from 253 listings.
Median 1BR rent in Downey was $1,800 in April 2024, down 5.0% (−$95) from March 2024 and up 9.1% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Downey $295 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 253 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,525 | −$25 (-1.6%) | −$325 (-17.6%) | $1,500 – $1,625 | 12 |
| Studio | $1,500 | −$50 (-3.2%) | −$350 (-18.9%) | $1,500 – $1,569 | 8 |
| 1BR | $1,800 | −$95 (-5.0%) | +$150 (+9.1%) | $1,800 – $1,800 | 1 |
| 1BR | $1,900 | +$5 (+0.3%) | +$250 (+15.2%) | $1,838 – $2,050 | 87 |
| 2BR | $2,500 | +$5 (+0.2%) | +$105 (+4.4%) | $2,295 – $2,595 | 81 |
| 2BR | $2,200 | −$295 (-11.8%) | −$195 (-8.1%) | $2,198 – $2,203 | 2 |
| 3BR | $3,199 | $0 (0.0%) | $0 (0.0%) | $3,199 – $3,500 | 25 |
| 3BR | $3,300 | +$101 (+3.2%) | +$101 (+3.2%) | $3,199 – $3,500 | 28 |
| 4BR | $3,995 | — | — | $3,995 – $3,995 | 1 |
| 4BR | $4,450 | — | — | $4,450 – $4,450 | 6 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — April 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,525 | $1,795 | −$270 (-15.0%) |
| Studio | $1,500 | $1,795 | −$295 (-16.4%) |
| 1BR | $1,800 | $2,095 | −$295 (-14.1%) |
| 1BR | $1,900 | $2,095 | −$195 (-9.3%) |
| 2BR | $2,500 | $2,833 | −$333 (-11.7%) |
| 2BR | $2,200 | $2,833 | −$633 (-22.3%) |
| 3BR | $3,199 | $3,950 | −$751 (-19.0%) |
| 3BR | $3,300 | $3,950 | −$650 (-16.5%) |
| 4BR | $3,995 | $4,999 | −$1,004 (-20.1%) |
| 4BR | $4,450 | $4,999 | −$549 (-11.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.