Cheap Apartments for Rent in the Lafayette Park Neighborhood of Los Angeles, CA from $500 (297 Rentals)

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Cheap Apartments in the Lafayette Park area of Los Angeles.

property at 116 N Lake St

116 N Lake St

Los AngelesCA90026

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property at 1042 Irolo St

1042 Irolo St

Los AngelesCA90006

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Lafayette Park, Los Angeles, CA Local Guide

Cheapest Available Lafayette Park Apartments for Rent

 

The cheapest available apartment rental in the Lafayette Park area of Los Angeles, CA is a Studio unit found at Beautiful Dormitory Style Housing Available priced from $795. 1723 James M Wood Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Lafayette Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Beautiful Dormitory Style Housing Available0BR/1.0BAStudio,1BA$795
1723 James M Wood BlvdStudioStudio,1BA$995
926 S Lake St1 Bed, 1 bath1BR,1BA$1,000
Park WilshireStudioStudio,1BA$1,150
Westland @ ReginaStudioStudio,1BA$1,175
2850 Leeward AveStudioStudio,1BA$1,200
The Du BarryBACHELORStudio,1BA$1,233
The Rayfield ApartmentsStudioStudio,1BA$1,245
Leeward ApartmentsStudioStudio,1BA$1,250

Best Value Apartments for Rent in Lafayette Park, CA

As of May 02, 2025 the best value apartment in the Lafayette Park area is the $2.22 price per square foot 314 S Coronado St Model at 314 S Coronado St in the in the McArthur Park neighborhood starting from $2,600. The second greatest value Lafayette Park apartment is the 1 bedroom Model at Chateau Nob Hill Apartments starting at $1,843 with a $1.68 price per square foot in the McArthur Park neighborhood. Here is today’s list of the best values for Lafayette Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
314 S Coronado St314 S Coronado St2BR,1.5BA$2.22
Chateau Nob Hill Apartments1 bedroom1BR,1BA$1.68
Alexandria II2 Bedroom/2 Bath Apartment for Rent in Korea Town2BR,2BA$2.27
311 South New Hampshire Avenue2BR/2.0BA2BR,2BA$2.20
Magnolia City Lights Apartments2 Bedroom2BR,1.5BA$2.17
Lakeview Apartments1 bedroom 1 bath1BR,1BA$1.99
Wilshire Villas North1 Bedroom1BR,1BA$2.12
bon9210BR/1.0BAStudio ,1BA$2.25
Mediterranean Sea Partners, LLC0BR/1.0BAStudio ,1BA$2.26
The Rayfield ApartmentsStudioStudio ,1BA$2.26

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Pet Friendly Lifestyle
Lafayette Park, Los Angeles, CA

Ranked #20

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 our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across California and customized analysis for Los Angeles, California. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Lafayette Park Apartments

What is a cheap apartment in Lafayette Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lafayette Park is under $1,250.

What is the price of a cheap apartment in Lafayette Park?

The cheapest apartment in Lafayette Park is 926 S Lake St which is listed at $1,000, while the average apartment in Lafayette Park costs $4,450.

What types of apartments are the cheapest in Lafayette Park?

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 38 regular apartments in Lafayette Park 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 Lafayette Park?

Cheap apartments in Lafayette Park have an average cost of $172 which is $4,278 cheaper than the average rent for all rentals in Lafayette Park.

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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