Monthly Rent Report
Downey Rent Report — June 2024
Asking rents in ZIP 90242, Los Angeles, from 311 listings.
Median 1BR rent in Downey was $1,945 in June 2024, down 0.3% (−$5) from May 2024 and up 2.6% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,050. That puts Downey $155 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 311 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,785 | $0 (0.0%) | +$190 (+11.9%) | $1,720 – $1,925 | 11 |
| Studio | $1,785 | $0 (0.0%) | +$190 (+11.9%) | $1,720 – $1,925 | 9 |
| 1BR | $1,945 | −$5 (-0.3%) | +$50 (+2.6%) | $1,850 – $2,050 | 122 |
| 1BR | $1,200 | −$750 (-38.5%) | −$695 (-36.7%) | $1,200 – $1,200 | 1 |
| 2BR | $2,295 | +$100 (+4.6%) | −$80 (-3.4%) | $2,195 – $2,509 | 92 |
| 2BR | $2,145 | −$50 (-2.3%) | −$230 (-9.7%) | $2,145 – $2,145 | 1 |
| 3BR | $3,199 | $0 (0.0%) | −$101 (-3.1%) | $3,199 – $3,299 | 41 |
| 3BR | $3,199 | $0 (0.0%) | −$101 (-3.1%) | $3,199 – $3,299 | 30 |
| 4BR | $5,100 | +$270 (+5.6%) | +$805 (+18.7%) | $5,100 – $5,100 | 1 |
| 4BR | $5,100 | +$270 (+5.6%) | +$805 (+18.7%) | $5,100 – $5,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — June 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,785 | $1,759 | +$26 (+1.5%) |
| Studio | $1,785 | $1,759 | +$26 (+1.5%) |
| 1BR | $1,945 | $2,100 | −$155 (-7.4%) |
| 1BR | $1,200 | $2,100 | −$900 (-42.9%) |
| 2BR | $2,295 | $2,885 | −$590 (-20.5%) |
| 2BR | $2,145 | $2,885 | −$740 (-25.6%) |
| 3BR | $3,199 | $3,900 | −$701 (-18.0%) |
| 3BR | $3,199 | $3,900 | −$701 (-18.0%) |
| 4BR | $5,100 | $5,000 | +$100 (+2.0%) |
| 4BR | $5,100 | $5,000 | +$100 (+2.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.