Cheap Apartments for Rent in Los Angeles, CA from $300 (1,426 Rentals)

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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.

property at 729 S Union Ave

729 S Union Ave

Los AngelesCA90017

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

property at 2943 Walton Ave

2943 Walton Ave

Los AngelesCA90007

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Los Angeles, CA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Los Angeles, CA

Pricing Updated: 09/22/2025

Current apartment rentals in the Los Angeles, CA area range in price from $645 to $60,000 with an overall median price of $4,815. The three Los Angeles neighborhoods with the lowest median rent pricing are Live Oak Avenue at $1,650, Bassett at $1,940, and Pelanconi at $1,700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Los Angeles Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Live Oak Avenue$1,850$1,6506
Bassett$1,940$1,9401
Pelanconi$1,947$1,7002
West Side$1,949$1,5956
Mayfair$2,137$1,6507
Wrigley$2,147$1,57514
California Heights$2,195$1,69513
El Dorado$2,195$1,8952
South of Somerset$2,195$1,55011
North Gardena$2,250$1,31715

Cheapest Available Los Angeles Apartments for Rent

 

The cheapest available apartment rental in Los Angeles, CA is a 1 Bed unit found at 807 S Flower St in the City West neighborhood priced from $645. The Cabrillo (shared restroom) in the Vinegar Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here is today’s list of the most affordable Los Angeles apartments for rent:

Apartment ListingModel NameBed/BathPriced From
807 S Flower St1B/1B1BR,1BA$645
The Cabrillo (shared restroom)Studio with Shared RestroomStudio,$799
1811 Tamarind Apartments0BR/0.5BAStudio,$799
Beautiful Dormitory Style Housing Available0BR/1.0BAStudio,1BA$845
The Dorms of Torrance0BR/1.0BAStudio,1BA$862
St. Andrews Place ApartmentsBachelorStudio,1BA$900
Valley Village1x11BR,1BA$927
Furnished on Flint0BR/0.5BAStudio,$939
1101 S Norton AveStudioStudio,1BA$950

Best Value Apartments for Rent in Los Angeles, CA

As of September 23, 2025 the best value apartment in the Los Angeles area is the $0.17 price per square foot 1717 N Mariposa Ave Model at 1717 N Mariposa Ave, Unit Mariposa in the in the Griffith Park neighborhood starting from $1,350. The second greatest value Los Angeles apartment is the Coliving Model at Haven Coliving - Penmar starting at $995 with a $0.26 price per square foot in the Venice Beach neighborhood. Here is today’s list of the best values for Los Angeles apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1717 N Mariposa Ave, Unit Mariposa1717 N Mariposa AveStudio ,1BA$0.17
Haven Coliving - PenmarColiving4BR,4BA$0.26
1711 Miramar St1711 Miramar St1BR,1BA$0.90
1224 W 37th Pl Student HousingPrivate room at 1226 W37th Pl1BR,1BA$0.57
10626 S. Budlong Ave.2/12BR,1BA$0.91
Co/relate West Adams (Shared Apartments)Lotus5BR,5BA$0.72
Centinela by CategoryPrivate Bedroom in Shared 6 Bed 4 Bath - D1BR,1BA$0.69
433 Midvale - Student Housing at UCLAFloor Plan 33a (Shared Room)7BR,3BA$0.77
18 E 56th St, Unit A18 E 56th St1BR,1BA$0.91
807 S Flower St1B/1B1BR,1BA$0.81

Quick Rent Budget Calculator

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Los Angeles Overview

The City of Los Angeles, popularly known by its initials L.A., is the most populous city in the state of California, United States. This beautiful and vibrant city boasts excitement and offers many options in Los Angeles rentals from cheap apartments to high end luxury homes fit for celebrity life that all make it one of the best locations to settle on the west coast. Located in Southern California, Los Angeles is not only known as the entertainment capital of the American industry, but also as that of the world. L.A. boasts of a great ethnic diversity, an expansive metropolis, a great heritage displayed in over 100 museums, and a Mediterranean climate that makes it a paradise of great weather. Los Angeles is the place to be. In fact, L.A. is the only North American city that prides itself for hosting the Summer Olympics twice.

Why live in Los Angeles, CA?

L.A. is one of the best places to settle and live in. Life in apartments here is comfortable and affordable. Asides from the great weather that the residents of L.A. enjoy all-year through, there are plenty other factors that will draw you here. One is that L.A. is full of culture. There is a vibrant musical culture, thriving arts scene, film industry and of course television. Here, you will pretty much see any of your favorite bands or artist performing live. You even get the chance to see some acts before they become mega stars. L.A. also gives you unlimited access to fresh produce, high quality food, and exceptional restaurants of all types.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Los Angeles, CA

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

63 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Los Angeles Apartments

What is a cheap apartment in Los Angeles?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Los Angeles is under $950.

What is the price of a cheap apartment in Los Angeles?

The cheapest apartment in Los Angeles is 807 S Flower St which is listed at $645, while the average apartment in Los Angeles costs $4,815.

What types of apartments are the cheapest in Los Angeles?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4,295 regular apartments in Los Angeles that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Los Angeles?

Cheap apartments in Los Angeles have an average cost of $714 which is $4,101 cheaper than the average rent for all rentals in Los Angeles.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.