21 Hours Ago
Location
10248 La Reina Ave, Downey, CA 90241, USA|Downey
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Property Overview
The property at 493 FALTER receives a strong Zumper expert rating of 9.1, reflecting its excellent amenities, location, and overall quality, all rated at 9 out of 10. With a price rating of 10, it offers exceptional value for its features, making it a top choice for renters. Additionally, its proximity to a highly rated middle school enhances its appeal, as it ranks in the 84th percentile for value compared to similar properties in the area.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $1,795 /mo | 1 unit available | Clean, freshly painted and spacious upstairs 1 bedroom 1 bathroom apartment. Comes with 1 assigned parking space with storage. Conveniently located near shopping centers and restaurants. Tenant pays electric and gas, owner pays for water, trash and landscape. 1 year lease. No pets, application fee is $40 per adult, Rent is $1,795.00 + Deposit is $1,700.00 with approved credit, minimum income of 2.5 x rent is required. Move-in amount is deposit plus 1 month’s rent. We are taking applications now, submit application to Hoag Property Mgt. at 10551 Paramount Blvd. Downey, CA |
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Amenities for 493 FALTER
Apartment Amenities
| Gas |
Appliances
| Gas Range | Range |
Building
| Laundry Room On-site | Onsite Laundry |
Grounds
| Storage |
Services
| Landscaping | Water and Trash |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
No pets allowed.
Building details
Property details
| Units | 12 |
|---|
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About 493 FALTER
Clean, freshly painted and spacious upstairs 1 bedroom 1 bathroom apartment. Comes with 1 assigned parking space with storage. Conveniently located near shopping centers and restaurants. Tenant pays electric and gas, owner pays for water, trash and landscape. 1 year lease. No pets, application fee is $40 per adult, Rent is $1,795.00 + Deposit is $1,700.00 with approved credit, minimum income of 2.5 x rent is required. Move-in amount is deposit plus 1 month’s rent. We are taking applications now, submit application to Hoag Property Mgt. at 10551 Paramount Blvd. Downey, CA
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.1
/10
Excellent493 FALTER is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
493 FALTER offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
493 FALTER goes above and beyond to provide sought-after conveniences and desirable perks, including gas. Renters looking for popular or luxurious features will find them here—and for that reason, 493 FALTER receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
493 FALTER is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
493 FALTER has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
493 FALTER provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 493 FALTER compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Downey
1-bedroom apartments at 493 FALTER cost about 6% less than the average rent price for 1-bedroom apartments in Downey.
Median rents as of Aug 30 2025.
Downey
Downey
| Month | Median Rent |
|---|---|
| September 2023 | $1,395 |
| October 2023 | $1,395 |
| February 2024 | $1,787 |
| March 2024 | $1,712 |
| April 2024 | $1,695 |
| May 2024 | $1,695 |
| June 2024 | $1,760 |
| July 2024 | $1,800 |
| August 2024 | $1,773 |
| September 2024 | $1,759 |
| October 2024 | $1,772 |
| November 2024 | $1,798 |
| December 2024 | $1,743 |
| January 2025 | $1,568 |
| February 2025 | $1,700 |
| March 2025 | $1,722 |
| April 2025 | $1,744 |
| May 2025 | $1,796 |
| June 2025 | $1,762 |
| July 2025 | $1,720 |
| August 2025 | $1,668 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,800 |
| March 2024 | $1,712 |
| April 2024 | $1,750 |
| May 2024 | $1,663 |
| June 2024 | $1,760 |
| July 2024 | $1,800 |
| September 2024 | $1,763 |
| November 2024 | $1,795 |
| December 2024 | $1,778 |
| January 2025 | $1,568 |
| February 2025 | $1,700 |
| March 2025 | $1,722 |
| April 2025 | $1,744 |
| May 2025 | $1,796 |
| June 2025 | $1,762 |
| July 2025 | $1,720 |
| August 2025 | $1,668 |
Affordability calculator
Can I afford to live at 10248 La Reina Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$71,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $71,800 annually to afford this 1-bedroom monthly rent price of $1,795.
For more information on rent affordability, visit our rent calculator.
Schools near 493 FALTER
Rio Hondo Elementary School
7731 e muller st
downey, CA, 90241
K-5Public
B+
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Internet available near 493 FALTER
Neighborhood
Downey | Downey, CA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Downey near 10248 La Reina Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 10248 La Reina Ave, Downey
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
7/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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