Monthly Rent Report
Downey Rent Report — July 2024
Asking rents in ZIP 90242, Los Angeles, from 107 listings.
Median 1BR rent in Downey was $1,900 in July 2024, down 2.3% (−$45) from June 2024 and down 4.8% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts Downey $195 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 107 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,875 | +$90 (+5.0%) | +$25 (+1.4%) | $1,830 – $1,885 | 3 |
| Studio | $1,845 | +$60 (+3.4%) | −$5 (-0.3%) | $1,845 – $1,845 | 1 |
| 1BR | $1,900 | −$45 (-2.3%) | −$95 (-4.8%) | $1,900 – $1,900 | 1 |
| 1BR | $1,950 | +$5 (+0.3%) | −$45 (-2.3%) | $1,884 – $2,050 | 40 |
| 2BR | $2,375 | +$230 (+10.7%) | −$225 (-8.7%) | $2,225 – $2,495 | 31 |
| 2BR | $2,550 | +$405 (+18.9%) | −$50 (-1.9%) | $2,550 – $2,550 | 1 |
| 3BR | $3,199 | $0 (0.0%) | $0 (0.0%) | $3,199 – $3,299 | 25 |
| 3BR | $3,500 | +$301 (+9.4%) | +$301 (+9.4%) | $3,500 – $3,500 | 1 |
| 4BR | $4,000 | −$1,100 (-21.6%) | +$100 (+2.6%) | $4,000 – $4,415 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — July 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,875 | $1,778 | +$97 (+5.4%) |
| Studio | $1,845 | $1,778 | +$67 (+3.8%) |
| 1BR | $1,900 | $2,095 | −$195 (-9.3%) |
| 1BR | $1,950 | $2,095 | −$145 (-6.9%) |
| 2BR | $2,375 | $2,835 | −$460 (-16.2%) |
| 2BR | $2,550 | $2,835 | −$285 (-10.1%) |
| 3BR | $3,199 | $3,900 | −$701 (-18.0%) |
| 3BR | $3,500 | $3,900 | −$400 (-10.3%) |
| 4BR | $4,000 | $5,270 | −$1,270 (-24.1%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.