Monthly Rent Report
Downey Rent Report — May 2024
Asking rents in ZIP 90242, Los Angeles, from 297 listings.
Median 1BR rent in Downey was $1,950 in May 2024, up 2.6% (+$50) from April 2024 and up 0.8% year-over-year. The middle half of 1BR listings asked between $1,895 and $2,100. That puts Downey $145 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 297 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,785 | +$285 (+19.0%) | −$65 (-3.5%) | $1,525 – $1,793 | 7 |
| Studio | $1,785 | +$285 (+19.0%) | −$65 (-3.5%) | $1,525 – $1,793 | 7 |
| 1BR | $1,950 | +$50 (+2.6%) | +$15 (+0.8%) | $1,895 – $2,100 | 108 |
| 1BR | $1,895 | −$5 (-0.3%) | −$40 (-2.1%) | $1,895 – $1,895 | 1 |
| 2BR | $2,195 | −$5 (-0.2%) | −$180 (-7.6%) | $2,195 – $2,195 | 1 |
| 2BR | $2,363 | +$163 (+7.4%) | −$12 (-0.5%) | $2,206 – $2,570 | 102 |
| 3BR | $3,199 | $0 (0.0%) | −$496 (-13.4%) | $3,199 – $3,313 | 60 |
| 3BR | $2,950 | −$249 (-7.8%) | −$745 (-20.2%) | $2,950 – $2,950 | 1 |
| 4BR | $5,100 | +$1,105 (+27.7%) | — | $4,600 – $5,100 | 3 |
| 4BR | $4,830 | +$835 (+20.9%) | — | $4,830 – $4,830 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — May 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,785 | $1,795 | −$10 (-0.6%) |
| Studio | $1,785 | $1,795 | −$10 (-0.6%) |
| 1BR | $1,950 | $2,095 | −$145 (-6.9%) |
| 1BR | $1,895 | $2,095 | −$200 (-9.5%) |
| 2BR | $2,195 | $2,850 | −$655 (-23.0%) |
| 2BR | $2,363 | $2,850 | −$487 (-17.1%) |
| 3BR | $3,199 | $3,969 | −$769 (-19.4%) |
| 3BR | $2,950 | $3,969 | −$1,018 (-25.7%) |
| 4BR | $5,100 | $5,175 | −$75 (-1.4%) |
| 4BR | $4,830 | $5,175 | −$345 (-6.7%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.