Monthly Rent Report
Downey Rent Report — November 2024
Asking rents in ZIP 90242, Los Angeles, from 19 listings.
Median 1BR rent in Downey was $1,995 in November 2024, down 2.1% (−$43) from October 2024 and up 3.6% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Downey $78 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 19 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | +$110 (+7.9%) | −$275 (-15.5%) | $1,500 – $1,500 | 1 |
| 1BR | $1,995 | −$43 (-2.1%) | +$70 (+3.6%) | $1,995 – $1,995 | 1 |
| 2BR | $2,306 | +$256 (+12.5%) | +$6 (+0.3%) | $2,109 – $2,503 | 2 |
| 2BR | $6,500 | +$4,450 (+217.1%) | +$4,200 (+182.6%) | $2,570 – $6,500 | 8 |
| 3BR | $3,075 | −$4,375 (-58.7%) | −$225 (-6.8%) | $3,075 – $3,075 | 1 |
| 3BR | $3,400 | −$4,050 (-54.4%) | +$100 (+3.0%) | $3,400 – $3,400 | 5 |
| 4BR | $3,500 | −$4,800 (-57.8%) | −$1,495 (-29.9%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Downey vs. Los Angeles — November 2024
| Bedrooms | Downey Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,750 | −$250 (-14.3%) |
| 1BR | $1,995 | $2,073 | −$77 (-3.7%) |
| 2BR | $2,306 | $2,850 | −$544 (-19.1%) |
| 2BR | $6,500 | $2,850 | +$3,650 (+128.1%) |
| 3BR | $3,075 | $3,895 | −$820 (-21.1%) |
| 3BR | $3,400 | $3,895 | −$495 (-12.7%) |
| 4BR | $3,500 | $5,220 | −$1,719 (-32.9%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.