Cheap Apartments for Rent by Owner in Los Angeles, CA from $300 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Los Angeles.

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

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 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 $1,100 at West 27th.

What is the most affordable Los Angeles Three Bedroom Apartment?

The best deal on a cheap Los Angeles Three Bedroom Apartment rental is at Element by Stuho and starts from $900.

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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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.