"Down Like That" was met with generally positive reviews from music critics. Many were "shocked" by the song's "impressive lineup" of featured artists. In his review for HotNewHipHop, Mitch Findlay called it a "decent, if not entirely spectacular" track. He wrote that "KSI sounds comfortable on the instrumental". Findlay observed that Rick Ross' verse is "brief and admittedly phoned-in", but said that his "presence and gravitas are statements in themselves". Findlay continued, "Lil Baby fares no better, capable though not exerting himself in the slightest." Anthony Fantano of The Needle Drop found the song "listenable", but similarly acknowledged that "it's just not very groundbreaking [and] not very memorable".
