
Cheap Homes for Rent in Downey, CA from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Downey.


4986 Southern Ave, Unit B

928 Lilac Ln

6811 Chanslor Ave

9601 Alexander Ave

11914 Downey Ave
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11621 Center St

16439 California St

9081 Nan St

10977 Pope Ave

8335 Washington Blvd, Unit 4

4986 Southern Ave, Unit E
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Downey, CA Local Guide

How much does it cost to rent a home in Downey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downey 2 Bedroom Homes for Rent | $2,680 | $2,118 | $3,300 |
| Downey 3 Bedroom Homes for Rent | $3,932 | $3,300 | $6,500 |
| Downey 4 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
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Downey, CA Local Guide
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Cheapest Available Downey Apartments for Rent
 The cheapest available apartment rental in Downey, CA is a Studio unit found at ARTESIA (Garden) in the Southeast Los Angeles neighborhood priced from $1,425. 7466 Rosemead in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,495. Here is today’s list of the most affordable Downey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| ARTESIA (Garden) | Deluxe Studio | Studio,1BA | $1,425 |
| 7466 Rosemead | 0 Bedroom 1 Bath | Studio,1BA | $1,495 |
| Bellflower Friendship Manor Senior Housing | Studio, 1 bath | Studio,1BA | $1,499 |
| Del Rio | Studio | Studio,1BA | $1,525 |
| Palm Gate Apartments | Model 0 | Studio,1BA | $1,545 |
Best Value Apartments for Rent in Downey, CA
As of September 08, 2026 the best value apartment in the Downey area is the $1.84 price per square foot 15116 Studebaker Rd Model at 15116 Studebaker Rd, Unit 7 in the in the Norwalk neighborhood starting from $2,300. The second greatest value Downey apartment is the 2 bed, 1 bath Model at 7314 Richfield starting at $2,495 with a $2.05 price per square foot in the Southeast Los Angeles neighborhood. Here is today’s list of the best values for Downey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 15116 Studebaker Rd, Unit 7 | 15116 Studebaker Rd | 2BR,1BA | $1.84 |
| 7314 Richfield | 2 bed, 1 bath | 2BR,1BA | $2.05 |
| San Marcos Village Apartments | The Avalon | 2BR,2BA | $2.35 |
| Imperial Place Apartments, LLC | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.34 |
| Palm St | 1 Bed 1 Bath | 1BR,1BA | $2.11 |
| Courtney Properties | 2 Bedroom | 2BR,1BA | $2.22 |
| Alethea Apartments | 2 Bedroom | 2BR,1BA | $2.35 |
| 16131 Eucalyptus Ave | 1x1 | 1BR,1BA | $2.18 |
| 8028 Boer Ave | 1BR/1.0BA | 1BR,1BA | $2.38 |
| Rosemead Place | 0x1 | Studio ,1BA | $2.30 |
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Downey, CA
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Downey
What type of rentals are currently available in Downey?
There are currently 1845 Apartments for Rent in Downey, CA with pricing that ranges from $1,499 to $3,799. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downey ranging from $1,200 to $6,500.
What is the current price range for Rental Homes in Downey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downey ranges from $1,200 to $6,500 with an average monthly rent of $3,035.
How much are larger Three and Four Bedroom Rentals in Downey?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downey range from $2,795 to $3,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,300 to $6,500. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $3,595.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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