Cheap Homes for Rent in Miracle Mile Neighborhood of Los Angeles, CA from $1,200 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in the Miracle Mile area of Los Angeles.

property at 1727 4th Ave

1727 4th Ave, Unit 2

1727 4th 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 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 Miracle Mile 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 (A)1BR,1BA$900
WiltonCo-living 6 Bed 4 Bath-D1BR,1BA$900
Wendover ApartmentsBachelorStudio,1BA$1,125
4749 ElmwoodUnit PH43BR,2BA$1,150

Best Value Apartments for Rent in Miracle Mile, CA

As of March 29, 2025 the best value apartment in the Miracle Mile area is the $1.15 price per square foot 4305 W 5th St Model at 4305 W 5th St, Unit 10 in the in the Wilshire Center neighborhood starting from $2,290. The second greatest value Miracle Mile apartment is the 2236 Hauser blvd Model at 2236 Hauser blvd, Unit 4 starting at $2,995 with a $2.14 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.
4305 W 5th St, Unit 104305 W 5th St2BR,1BA$1.15
2236 Hauser blvd, Unit 42236 Hauser blvd3BR,2BA$2.14
6500 Orange St, Unit 65006500 Orange St2BR,1BA$2.23
4702 W 17th StTwo Bed- One Bath2BR,1BA$1.75
131 N. Orlando Ave Los Angeles, CA 90048TWO2BR,2BA$2.23
8336 Blackburn Ave1 Bedroom1BR,1BA$2.00
226 South Serrano2BR/1.5BA2BR,1.5BA$2.00
4749 ElmwoodUnit 1033BR,2BA$1.36
245 South Serrano Ave1BR/1.0BA1BR,1BA$2.19
Redondo Manor1x11BR,1BA$2.00

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Frequently Asked Questions about Miracle Mile

What type of rentals are currently available in Miracle Mile?

There are currently 4093 Apartments for Rent in Miracle Mile, CA with pricing that ranges from $879 to $20,000. There are also 326 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miracle Mile ranging from $1,299 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 $1,299 to $60,000 with an average monthly rent of $15,240.

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 $2,700 to $22,000. Four Bedroom Single-Family rentals are also available starting from $4,500 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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