Cheap Apartments for Rent in the Koreatown Neighborhood of Los Angeles, CA from $500 (386 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Koreatown area of 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

property at 1042 Irolo St

1042 Irolo St

Los AngelesCA90006

Koreatown, Los Angeles, CA Local Guide

Cheapest Available Koreatown Apartments for Rent

 

The cheapest available apartment rental in the Koreatown area of Los Angeles, CA is a Studio unit found at St. Andrews Place Apartments priced from $900. Beverly has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Koreatown apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
St. Andrews Place ApartmentsBachelorStudio,1BA$900
BeverlyPrivate Room in Shared 6 Bed 4 Bath (B)1BR,1BA$900
WiltonCo-living 6 Bed 4 Bath-D1BR,1BA$900
Wendover ApartmentsBachelorStudio,1BA$1,125
san27430BR/1.0BAStudio,1BA$1,150
Spacious Apartment in KoreatownBachelorStudio,1BA$1,195
2850 Leeward AveStudioStudio,1BA$1,200
919 S. Manhattan PlStudioStudio,1BA$1,249
Kenmore Apartments0x1Studio,1BA$1,295

Best Value Apartments for Rent in Koreatown, CA

As of March 13, 2025 the best value apartment in the Koreatown area is the $0.39 price per square foot 1349 W 23rd St Model at 1349 W 23rd St, Unit 2 in the in the Koreatown neighborhood starting from $925. The second greatest value Koreatown apartment is the 1135 S Lake St Model at 1135 S Lake St, Unit 1135 Lake starting at $2,550 with a $1.70 price per square foot in the Westlake neighborhood. Here is today’s list of the best values for Koreatown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1349 W 23rd St, Unit 21349 W 23rd St5BR,5.5BA$0.39
1135 S Lake St, Unit 1135 Lake1135 S Lake St2BR,1.5BA$1.70
2418 W 23rd St, Unit 24182418 W 23rd St3BR,1BA$2.20
226 South Serrano2BR/1.5BA2BR,1.5BA$2.00
2327 3rd Ave, Unit 2327.52327 3rd Ave1BR,1BA$2.20
1822 Arapahoe St, Unit 1822 Arapahoe1822 Arapahoe St1BR,1BA$2.00
Magnolia City Lights Apartments2 Bedroom2BR,1.5BA$2.17
204 N Manhattan PlOne Bed1BR,1BA$2.24
Wilshire Villas NorthStudioStudio ,1BA$2.08
Kingsley HouseStudio, 1 bathStudio ,1BA$2.21

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Pet Friendly Lifestyle
Koreatown, Los Angeles, CA

Ranked #10

Among neighborhoods in Los Angeles, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States including Koreatown, Los Angeles, and the greater Los Angeles area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, apartment communities for the kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Koreatown Apartments

What is the Cheapest Studio apartment in Koreatown?

Currently the most affordable Cheap Studio Apartment in Koreatown is at St. Andrews Place Apartments listed at $900.

How much is rent for a Cheap One Bedroom Koreatown Apartment?

The lowest price for a Cheap One Bedroom Koreatown Apartment is $900 at Beverly.

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

Today's best deal for a Cheap Two Bedroom Apartment in Koreatown is starting from $1,816 at Magnolia City Lights Apartments.

What is the most affordable Koreatown Three Bedroom Apartment?

The best deal on a cheap Koreatown Three Bedroom Apartment rental is at 845 S. Kingsley and starts from $2,948.

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.