Monthly Rent Report
Downey Rent Report — October 2024
Asking rents in ZIP 90242, Los Angeles, from 50 listings.
Median 1BR rent in Downey was $2,038 in October 2024, up 23.5% (+$388) from September 2024 and up 23.5% year-over-year. The middle half of 1BR listings asked between $1,974 and $2,084. That puts Downey $27 above the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 50 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,390 | −$55 (-3.8%) | −$235 (-14.5%) | $1,390 – $1,595 | 5 |
| 1BR | $2,038 | +$388 (+23.5%) | +$388 (+23.5%) | $1,974 – $2,084 | 7 |
| 1BR | $1,965 | +$315 (+19.1%) | +$315 (+19.1%) | $1,955 – $1,975 | 2 |
| 2BR | $2,464 | +$114 (+4.9%) | −$31 (-1.2%) | $2,300 – $2,464 | 5 |
| 2BR | $2,050 | −$300 (-12.8%) | −$445 (-17.8%) | $2,050 – $2,050 | 1 |
| 3BR | $7,450 | +$3,925 (+111.3%) | +$3,875 (+108.4%) | $3,600 – $7,450 | 11 |
| 3BR | $3,650 | +$125 (+3.5%) | +$75 (+2.1%) | $3,500 – $3,850 | 17 |
| 4BR | $8,300 | +$3,200 (+62.7%) | — | $8,300 – $8,300 | 1 |
| 4BR | $8,300 | +$3,200 (+62.7%) | — | $8,300 – $8,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — October 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,390 | $1,700 | −$310 (-18.2%) |
| 1BR | $2,038 | $2,011 | +$27 (+1.3%) |
| 1BR | $1,965 | $2,011 | −$46 (-2.3%) |
| 2BR | $2,464 | $2,727 | −$263 (-9.6%) |
| 2BR | $2,050 | $2,727 | −$677 (-24.8%) |
| 3BR | $7,450 | $3,816 | +$3,634 (+95.2%) |
| 3BR | $3,650 | $3,816 | −$166 (-4.4%) |
| 4BR | $8,300 | $5,225 | +$3,075 (+58.9%) |
| 4BR | $8,300 | $5,225 | +$3,075 (+58.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.