Cheap Apartments for Rent in the New Downtown Neighborhood of Los Angeles, CA from $400 (71 Rentals)

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Search the lowest-cost Apartments available for rent right now in the New Downtown 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

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Ballington Plaza
Studio Apartments

Ballington Plaza

622 Wall StLos Angeles, CA 90014
Senior Living
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King Edward
Studio Apartments

King Edward

121 E 5th StLos Angeles, CA 90013
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1511 W 4th
Studio to 1 Bedroom Apartments

1511 W 4th

1511 W 4th StLos Angeles, CA 90017
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553 Ceres Ave
Studio Apartments

553 Ceres Ave

553 Ceres AveLos Angeles, CA 90013
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Bristol Apartments
Studio Apartments

Bristol Apartments

423 W 8th StLos Angeles, CA 90014
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1220 S Olive St
Studio to 1 Bedroom Apartments

1220 S Olive St

1220 S Olive StLos Angeles, CA 90015
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Bonnie Brae Village
1 to 2 Bedroom Apartments

Bonnie Brae Village

208 S Bonnie Brae StLos Angeles, CA 90057
Senior Living
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1329 W. 5th St.
Studio Apartments

1329 W. 5th St.

1329 W 5th StLos Angeles, CA 90017
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Grand View Apartments
Studio to 1 Bedroom Apartments

Grand View Apartments

416 S Grand View StLos Angeles, CA 90057
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265 Columbia Ave
Studio Apartments

265 Columbia Ave

265 Columbia AveLos Angeles, CA 90026
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Regal Lofts
Studio Apartments

Regal Lofts

939 Valencia StLos Angeles, CA 90015
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1723 James M Wood Blvd
Studio to 1 Bedroom Apartments

1723 James M Wood Blvd

1723 James M Wood BlvdLos Angeles, CA 90015
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415 S Westlake Ave
Studio to 1 Bedroom Apartments

415 S Westlake Ave

415 S Westlake AveLos Angeles, CA 90057
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823 S Union Ave
Studio to 1 Bedroom Apartments

823 S Union Ave

823 S Union AveLos Angeles, CA 90017
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EBA
Studio Apartments

EBA

945 Beacon AveLos Angeles, CA 90015
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1454 W 3rd
Studio Apartments

1454 W 3rd

1454 W Third StLos Angeles, CA 90017
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631 S Bonnie Brae St
2 Bedroom Apartments

631 S Bonnie Brae St

631 S Bonnie Brae StLos Angeles, CA 90057
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Bonnie Brae Apartments
Studio to 1 Bedroom Apartments

Bonnie Brae Apartments

512 S Bonnie Brae StLos Angeles, CA 90057
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457 Witmer St
Studio Apartments

457 Witmer St

457 Witmer StLos Angeles, CA 90017
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New Downtown, Los Angeles, CA Local Guide

Cheapest Available New Downtown Apartments for Rent

 

The cheapest available apartment rental in the New Downtown area of Los Angeles, CA is a 1 Bed unit found at 807 S Flower St priced from $645. The Charleston Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable New Downtown apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
807 S Flower St1B/1B1BR,1BA$645
The Charleston ApartmentsStudioStudio,1BA$995
Westland @ ReginaStudioStudio,1BA$1,125
Grand Plaza SeniorStudio 450sf1BR,1BA$1,159
San Lucas Apartments Age 62+One Bedroom1BR,1BA$1,257
EBA0BR/1.0BAStudio,1BA$1,290
430 S Union AveSTUDIOStudio,1BA$1,295
Commodore Regency ApartmentsStudioStudio,1BA$1,295
"Landmark Towers"- Beacon Tower LLCBACHELORETTEStudio,1BA$1,295
Bonnie Brae ApartmentsSTUDIOStudio,1BA$1,350

Best Value Apartments for Rent in New Downtown, CA

As of March 30, 2025 the best value apartment in the New Downtown area is the $1.48 price per square foot 621 S Broadway Model at 621 S Broadway, Unit 3 in the in the City West neighborhood starting from $3,250. The second greatest value New Downtown apartment is the Live/Work Loft - B (2br) Model at Spring Tower Lofts starting at $3,800 with a $1.90 price per square foot in the City West neighborhood. Here is today’s list of the best values for New Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
621 S Broadway, Unit 3621 S Broadway2BR,1BA$1.48
Spring Tower LoftsLive/Work Loft - B (2br)2BR,1BA$1.90
San Fernando Building LoftsLOFTC21BR,1BA$1.88
Ames Lofts1 Bed 1 Bath1BR,1BA$1.55
a8132BR/2.0BA2BR,2BA$1.90
Thurman LoftsStudioStudio ,1BA$2.12
Crystal House Apartments1 BD/ 1BA1BR,1BA$2.06
807 S Flower St1B/1B1BR,1BA$0.81
Lakeview Apartments1 bedroom 1 bath1BR,1BA$1.99
Bonnie Brae ApartmentsSTUDIOStudio ,1BA$2.08

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
New Downtown, Los Angeles, CA

Ranked #17

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

Our team of engineers and researchers is proud to bring you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States including New Downtown, 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 easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap New Downtown Apartments

What is the Cheapest Studio apartment in New Downtown?

Currently the most affordable Cheap Studio Apartment in New Downtown is at The Charleston Apartments listed at $995.

How much is rent for a Cheap One Bedroom New Downtown Apartment?

The lowest price for a Cheap One Bedroom New Downtown Apartment is $645 at 807 S Flower St.

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

Today's best deal for a Cheap Two Bedroom Apartment in New Downtown is starting from $2,275 at a813.

What is the most affordable New Downtown Three Bedroom Apartment?

The best deal on a cheap New Downtown Three Bedroom Apartment rental is at 215-225 Lucas Ave and starts from $2,949.

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.