Cheap Apartments for Rent in Los Angeles, CA from $300 (1,277 Rentals)

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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

Los Angeles, CA Local Guide

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Justin Habersaat
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Cheapest Neighborhoods for Apartments in Los Angeles, CA

Pricing Updated: 03/05/2025

Current apartment rentals in the Los Angeles, CA area range in price from $624 to $43,550 with an overall median price of $4,580. The three Los Angeles neighborhoods with the lowest median rent pricing are Glendora Avenue at $1,750, Hacienda/Glendora Commercial District at $1,750, 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
Glendora Avenue$1,750$1,75015
Hacienda/Glendora Commercial District$1,750$1,75015
Five Points$1,900$1,17566
Marceline$1,947$1,94541
Beverly Glen$2,047$1,89916
Ramona$2,150$2,15017
Pelanconi$2,195$2,19515
Simons$2,200$2,20016
La Pintoresca Park$2,200$2,20023
Christmas Tree Lane$2,270$2,095165

Cheapest Available Los Angeles Apartments for Rent

 

The cheapest available apartment rental in Los Angeles, CA is a Studio unit found at 1436 12th St in the North Redondo Beach neighborhood priced from $500. 807 S Flower St in the City West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Los Angeles apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1436 12th Stno vacancyStudio,$500
807 S Flower St1B/1B1BR,1BA$645
926 S Lake St2AStudio,1BA$800
Inglewood Flats0x1Studio,1BA$812
The Dorms of Torrance0BR/1.0BAStudio,1BA$862
1811 Tamarind Apartments0BR/0.5BAStudio,$899
BeverlyPrivate Room in Shared 6 Bed 4 Bath (A)1BR,1BA$900
St. Andrews Place ApartmentsBachelorStudio,1BA$900

Best Value Apartments for Rent in Los Angeles, CA

As of March 06, 2025 the best value apartment in the Los Angeles area is the $1.29 price per square foot 1x2 Model at San Pedro Bank Lofts in the in the Vinegar Hill neighborhood starting from $3,371. The second greatest value Los Angeles apartment is the Private room at 1226 1/2 W37th Pl Model at 1224 W 37th Pl Student Housing starting at $1,508 with a $0.64 price per square foot in the Figueroa Corridor 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.
San Pedro Bank Lofts1x21BR,2BA$1.29
1224 W 37th Pl Student HousingPrivate room at 1226 1/2 W37th Pl1BR,1BA$0.64
5810 Yolanda AveLarge 2 Bedroom 2 Bath2BR,2BA$1.11
808 E La Palma Dr, Unit 2808 E La Palma Dr1BR,1BA$1.27
433 Midvale - Student Housing at UCLAFloor Plan 33a (Shared Room)7BR,3BA$0.77
108 W 84th StDanny LLC1BR,1BA$1.11
1515 Colby AveUnit 3143BR,3BA$0.99
1539 Beloit AveUnit 1054BR,3BA$0.98
University Gateway2b - Renovated2BR,2BA$1.25
807 S Flower St1B/1B1BR,1BA$0.81

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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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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 the Cheapest Studio apartment in Los Angeles?

Currently the most affordable Cheap Studio Apartment in Los Angeles is at 1436 12th St listed at $500.

How much is rent for a Cheap One Bedroom Los Angeles Apartment?

The lowest price for a Cheap One Bedroom Los Angeles Apartment is $645 at 807 S Flower St.

What is the lowest price for a Cheap Two Bedroom Los Angeles Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Los Angeles is starting from $929 at Inglewood Flats.

What is the most affordable Los Angeles Three Bedroom Apartment?

The best deal on a cheap Los Angeles Three Bedroom Apartment rental is at 2600 S Catalina St and starts from $1,598.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.