Cheap Homes for Rent in Downey, CA from $1,600 (26 Rentals)

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Search the lowest-cost Homes available for rent right now in Downey.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 5125 1/2 Clara St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895
Total Monthly Price
$1,895

1 Bedroom, 1 Bath Home for Rent

Available Now

5125 1/2 Clara St

CudahyCA90201

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 8203 Buhman Ave

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195
Total Monthly Price
$2,195

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

8203 Buhman Ave

Pico RiveraCA90660

LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area

Get more breathing room without compromising proximity to LA. Our Los Angeles local expert breaks down the best neighboring cities for renting more affordable apartments with easier commutes.

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Showing Results 1-26, Page 1 of 1

Downey, CA Local Guide

Cheapest Available Downey Apartments for Rent

 

The cheapest available apartment rental in Downey, CA is a Studio unit found at Grandview Apartments in the Southeast Los Angeles neighborhood priced from $1,125. 7466 Rosemead in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,445. Here is today’s list of the most affordable Downey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grandview ApartmentsGranstudioStudio,1BA$1,125
7466 Rosemead0 Bedroom 1 BathStudio,1BA$1,445
Palm Gate ApartmentsModel 0Studio,1BA$1,545
Townhouse ArtesiaStudioStudio,1BA$1,550
The Island ApartmentsStudio (small)Studio,1BA$1,595
CaribeStudioStudio,1BA$1,595
9301 Atlantic Ave1bed-1bath1BR,1BA$1,604
8116 3rd StStudioStudio,1BA$1,615
Alethea Apartments1 Bedroom1BR,1BA$1,649
Le Chateau ApartmentsOne Bedroom Apartment1BR,1BA$1,650

Best Value Apartments for Rent in Downey, CA

As of April 25, 2026 the best value apartment in the Downey area is the $1.85 price per square foot 3 Bed 2 Bath Model at 16141 Eucalyptus Ave in the in the Southeast Los Angeles neighborhood starting from $2,995. The second greatest value Downey apartment is the 2 Bed Model at 5017 Clara St starting at $2,795 with a $1.86 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 ListingModel NameBed/BathPrice Per Sq.Ft.
16141 Eucalyptus Ave3 Bed 2 Bath3BR,2BA$1.85
5017 Clara St2 Bed2BR,2.5BA$1.86
Florentine ApartmentsSicily2BR,2BA$2.12
15116 Studebaker Rd, Unit 715116 Studebaker Rd2BR,1BA$1.84
Cornuta Pines Apartments2BD/1.5 BA2BR,1.5BA$2.16
San Marcos Village ApartmentsThe Balboa1BR,1BA$1.93
Park Ridge Apartments1BR 1 BA1BR,1BA$2.28
Alethea Apartments2 Bedroom2BR,1BA$2.35
Rosemead Place0x1Studio ,1BA$2.30
7800 Madison St1 Bed, 1 bath1BR,1BA$2.37

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles

Learn About the Best Neighborhoods to Rent Near College Campuses in Los Angeles, CA | Find Los Angeles Off-Campus Student Housing at ApartmentHomeLiving.com

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Quick 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.

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Downey, CA

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Downey

What type of rentals are currently available in Downey?

There are currently 1825 Apartments for Rent in Downey, CA with pricing that ranges from $1,395 to $4,275. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downey ranging from $1,639 to $5,700.

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 $1,639 to $5,700 with an average monthly rent of $3,439.

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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