Cheap Homes for Rent in Miracle Mile Neighborhood of Los Angeles, CA from $1,200 (34 Rentals)

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Cheap Homes in the Miracle Mile area of Los Angeles.

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.

property at 1727 4th Ave

1727 4th Ave, Unit 2

1727 4th Ave
Los AngelesCA90019

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property at 1218 Bronson Ave

1218 Bronson Ave

Los AngelesCA90019

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

Miracle Mile, Los Angeles, CA Local Guide

Cheapest Available Miracle Mile Apartments for Rent

 

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

Apartment ListingModel NameBed/BathPriced From
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
4749 ElmwoodUnit PH43BR,2BA$1,150
919 S. Manhattan PlStudioStudio,1BA$1,249
wil15180BR/1.0BAStudio,1BA$1,299
539 S Serrano AveSTUDIOStudio,1BA$1,300
La Wiltona Apartments0BR/1.0BAStudio,1BA$1,395
Newly Remodeled Units with Brick ExposureStudio with Brick ExposureStudio,1BA$1,395
Newly Renovated ApartmentsStudioStudio,1BA$1,395

Best Value Apartments for Rent in Miracle Mile, CA

As of May 01, 2025 the best value apartment in the Miracle Mile area is the $2.05 price per square foot 1801 S Van Ness Ave Model at 1801 S Van Ness Ave, Unit 1801 in the in the Mid Wilshire neighborhood starting from $4,500. The second greatest value Miracle Mile apartment is the 369 N Stanley Ave Model at 369 N Stanley Ave, Unit 369 starting at $3,995 with a $2.10 price per square foot in the Mid Wilshire neighborhood. Here is today’s list of the best values for Miracle Mile apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1801 S Van Ness Ave, Unit 18011801 S Van Ness Ave3BR,2BA$2.05
369 N Stanley Ave, Unit 369369 N Stanley Ave2BR,1BA$2.10
2236 Hauser blvd, Unit 42236 Hauser blvd3BR,2BA$2.14
4702 W 17th StTwo Bed- Two Bath2BR,2BA$1.65
French Normandie With Concrete Floors.Gorg...1 Bedroom (L)1BR,1BA$2.11
951 S. Oxford2BR/2.0BA2BR,2BA$1.82
2301 S Ridgeley Dr2 Bed + 1 Bath2BR,1BA$2.09
1417 West Blvd, Unit Apartment West1417 West Blvd1BR,1BA$1.89
4749 ElmwoodUnit 1033BR,2BA$1.36
245 South Serrano Ave1BR/1.0BA1BR,1BA$2.18

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Frequently Asked Questions about Miracle Mile

What type of rentals are currently available in Miracle Mile?

There are currently 4126 Apartments for Rent in Miracle Mile, CA with pricing that ranges from $900 to $11,995. There are also 320 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miracle Mile ranging from $1,250 to $60,000.

What is the current price range for Rental Homes in Miracle Mile?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Miracle Mile ranges from $1,250 to $60,000 with an average monthly rent of $16,225.

How much are larger Three and Four Bedroom Rentals in Miracle Mile?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Miracle Mile range from $1,124 to $9,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,300 to $12,600. Four Bedroom Single-Family rentals are also available starting from $1,440 and Four Bedroom Apartments start at $1,049.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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.