Downey, CA Rental Market Trends
Highlights
The average rent for an apartment in Downey is $1,808, a 3% increase compared to the previous year, when the average rent was $1,762.
Average Rent in Downey, CA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,808 | 3% | 815 sq. ft. |
The average size for a Downey, CA apartment is 815 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Downey, CA Apartment Rent Ranges
- $1,001-$1,50016%
- $1,501-$2,00060%
- > $2,00024%
Downey, CA Occupied Housing Units
- Renter-occupied Households20%
- Owner-occupied Households79%
6,950 or 20% of the households in Downey, CA are renter-occupied while 26,237 or 79% are owner-occupied.
Downey, CA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Downey, CA | $1,646 | $1,646 | $1,699 | $1,710 | $1,729 | $1,762 | $1,778 | $1,760 | $1,808 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How Downey Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,375 | -5% |
| San Francisco | $3,111 | -16% |
| East Bay | $2,307 | -2% |
| San Diego | $2,187 | -3% |
| Long Beach | $2,121 | n/a |
| Anaheim | $1,881 | 1% |
| Glendale | $2,460 | -3% |
| Riverside | $1,665 | 4% |
| Pasadena | $2,395 | -7% |
| Santa Ana | $1,959 | n/a |
| Downey | $1,808 | 3% |
For more information about the Downey rental trends, check out our monthly rent report
Check out California Cities, California Neighborhoods and California Zip Codes for more details on verified listings, including the California Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!