Monthly Rent Report
Downey Rent Report — September 2024
Asking rents in ZIP 90242, Los Angeles, from 46 listings.
Median 1BR rent in Downey was $1,650 in September 2024, down 15.4% (−$300) from August 2024 and down 21.4% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Downey $349 below the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 46 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,445 | −$55 (-3.7%) | −$295 (-17.0%) | $1,386 – $1,561 | 8 |
| 1BR | $1,650 | −$300 (-15.4%) | −$450 (-21.4%) | $1,650 – $1,650 | 8 |
| 1BR | $1,899 | −$51 (-2.6%) | −$201 (-9.6%) | $1,849 – $1,937 | 3 |
| 2BR | $2,570 | +$305 (+13.5%) | +$575 (+28.8%) | $2,433 – $2,635 | 3 |
| 2BR | $2,350 | +$85 (+3.8%) | +$355 (+17.8%) | $2,350 – $2,350 | 7 |
| 3BR | $3,525 | +$25 (+0.7%) | −$600 (-14.5%) | $3,199 – $3,700 | 16 |
| 4BR | $5,100 | +$610 (+13.6%) | — | $5,100 – $5,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — September 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,445 | $1,755 | −$310 (-17.7%) |
| 1BR | $1,650 | $1,999 | −$348 (-17.4%) |
| 1BR | $1,899 | $1,999 | −$99 (-5.0%) |
| 2BR | $2,570 | $2,795 | −$225 (-8.1%) |
| 2BR | $2,350 | $2,795 | −$445 (-15.9%) |
| 3BR | $3,525 | $3,850 | −$325 (-8.4%) |
| 4BR | $5,100 | $4,995 | +$105 (+2.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.