Cheap Homes for Rent in Downey, CA from $1,300 (35 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Downey, CA Local Guide

Cheapest Available Downey Apartments for Rent

 

The cheapest available apartment rental in Downey, CA is a Studio unit found at Tower Bellflower in the Southeast Los Angeles neighborhood priced from $1,365. ARTESIA (Garden) in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,425. Here is today’s list of the most affordable Downey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tower BellflowerStudioStudio,1BA$1,365
ARTESIA (Garden)Deluxe Studio ***$500 OFF YOUR MOVE-IN SPECIAL!...Studio,1BA$1,425
Glen Haven Apartments1 Bedroom1BR,1BA$1,450
7466 Rosemead0 Bedroom 1 BathStudio,1BA$1,495
Townhouse ArtesiaStudioStudio,1BA$1,500
CaribeStudioStudio,1BA$1,550
9553 Flower StONE1BR,1BA$1,570
The Island ApartmentsStudio (Medium)Studio,1BA$1,595
Rosemead Place0x1Studio,1BA$1,695
Town Center TerraceOne Bedroom One Bath1BR,1BA$1,750

Best Value Apartments for Rent in Downey, CA

As of June 20, 2025 the best value apartment in the Downey area is the $1.57 price per square foot 2 Bed 1 Bath Model at 3745 Imperial Hwy. in the in the Southeast Los Angeles neighborhood starting from $2,050. The second greatest value Downey apartment is the Two Bedroom Model at Norwalk Apartments starting at $2,650 with a $2.21 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.
3745 Imperial Hwy.2 Bed 1 Bath2BR,1BA$1.57
Norwalk ApartmentsTwo Bedroom2BR,1.5BA$2.21
Cornuta Pines Apartments2BD/1.5 BA2BR,1.5BA$2.16
15327 Woodruff Pl2x22BR,2BA$2.27
Florence Villas2 Bedroom2BR,2BA$2.34
San Marcos Village ApartmentsThe Balboa1BR,1BA$1.93
Cornuta Apartments2bed 1 bath2BR,1BA$1.90
La Paloma2BD/1BA2BR,1BA$2.10
4300 Martin Luther King Jr Blvd, Unit B4300 Martin Luther King Jr Blvd2BR,1BA$2.33
Glen Haven Apartments1 Bedroom1BR,1BA$2.38

Quick Rent Budget Calculator

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Frequently Asked Questions about Downey

What type of rentals are currently available in Downey?

There are currently 1808 Apartments for Rent in Downey, CA with pricing that ranges from $1,365 to $5,095. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downey ranging from $1,350 to $4,900.

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 $1,350 to $4,900 with an average monthly rent of $3,194.

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 $2,295 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,495 to $4,900. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $3,495.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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The 10 Best Affordable Neighborhoods in Los Angeles, CA

Written by: Rachel Presser

Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.