Cheap Apartments for Rent in Los Angeles, CA from $300 (1,318 Rentals)

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Cheap Apartments in Los Angeles.

property at 116 N Lake St

116 N Lake St

Los AngelesCA90026

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Los Angeles's Best Affordable Neighborhoods

Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

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Los Angeles, CA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Los Angeles, CA

Pricing Updated: 05/03/2025

Current apartment rentals in the Los Angeles, CA area range in price from $645 to $43,550 with an overall median price of $4,689. The three Los Angeles neighborhoods with the lowest median rent pricing are Ramhurst Drive at $1,206, San Fernando Gardens at $1,250, and Five Points at $1,175. 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
Ramhurst Drive$1,206$1,2061
San Fernando Gardens$1,425$1,2502
Five Points$1,900$1,1753
California Avenue$1,967$1,9401
West Side$2,000$99519
Bassett$2,049$1,1759
Watson Junction$2,195$1,6951
Live Oak Avenue$2,200$2,1002
Lynwood Park$2,200$1,5953
Chevy Chase$2,275$2,2751

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. Beautiful Dormitory Style Housing Available in the City West neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. 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
Beautiful Dormitory Style Housing Available0BR/1.0BAStudio,1BA$795
Inglewood Flats0x1Studio,1BA$812
Sherman Way ApartmentsBachelor ApartmentStudio,1BA$850
The Dorms of Torrance0BR/1.0BAStudio,1BA$862
1811 Tamarind Apartments0BR/0.5BAStudio,$899
BeverlyPrivate Room in Shared 6 Bed 4 Bath (B)1BR,1BA$900
WiltonCo-living 6 Bed 4 Bath-D1BR,1BA$900
Huntington ApartmentsBachelor StudioStudio,1BA$950

Best Value Apartments for Rent in Los Angeles, CA

As of May 03, 2025 the best value apartment in the Los Angeles area is the $0.34 price per square foot Condo- 1 bed 1 bath Model at Lux Lofts- 3279 San Marino St in the in the Wilshire neighborhood starting from $2,400. The second greatest value Los Angeles apartment is the 621 S Broadway Model at 621 S Broadway, Unit 3 starting at $2,950 with a $1.34 price per square foot in the City West 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.
Lux Lofts- 3279 San Marino StCondo- 1 bed 1 bath1BR,1BA$0.34
621 S Broadway, Unit 3621 S Broadway2BR,1BA$1.34
10626 S. Budlong Ave.2/12BR,1BA$0.91
5810 Yolanda AveLarge 2 Bedroom 2 Bath2BR,2BA$1.11
433 Midvale - Student Housing at UCLAFloor Plan 33a (Shared Room)7BR,3BA$0.77
1539 Beloit AveUnit 3024BR,3BA$1.21
University Gateway2b - Renovated2BR,2BA$1.25
1529 W 35th PlPrivate RoomA3BR,3BA$1.20
807 S Flower St1B/1B1BR,1BA$0.81
616 N HobartStudioStudio ,1BA$1.16

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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!

Explore Los Angeles, CA Rentals by Map

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See the most popular apartments and homes in Los Angeles, CA

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $4,689.

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 5,220 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 $733 which is $3,956 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.

decorative image for The 10 Best Affordable Neighborhoods in Los Angeles, CA article

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.