Downey rents remained flat in January
DOWNEY -- Rents in Downey have remained flat over the past month, however, they have increased 2.7% year-over-year, according to statistics released by Apartment List.
Median rent prices here prove to be less affordable than comparable cities nationwide - Downey’s median two-bedroom rent of $1,790 is above the national average of $1,160.
Over the past year, rent increases have been occurring not just in the city of Downey, but across the entire metro. Of the largest 10 cities that Apartment List has data for, in the Los Angeles region, nine of them have seen prices rise.