Downey rental prices jump 7.3% in one year, according to study

DOWNEY — Monthly rental prices continue to climb in Downey, with the average cost of a 2-bedroom apartment in Downey increasing 7.3% since this time last year, according to an analysis of rental prices in the Los Angeles metro area by Zumper.

The average cost of a 2-bedroom unit in Downey is $1,900, according to the study. One-bedroom apartments average $1,470 monthly, the same price as a year ago.

Of the 22 L.A. County cities examined in the report, Whittier had the largest monthly rental growth rate at 5.2%, followed by Downey at 5%.

Also notable: for the first time, it is now more expensive to rent in Inglewood than in Downey.

Spurred by construction of a new football stadium, rental prices in Inglewood have skyrocketed the past year, pushing the average monthly rental price of a 2-bedroom apartment to $1,910.