Cheap Homes for Rent in New Downtown Neighborhood of Los Angeles, CA from $1,000 (19 Rentals)

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

property at 125 4th St

125 4th St

Los AngelesCA90013
property at 901 S Broadway

901 S Broadway

Los AngelesCA90015
property at 215 W 7th St

215 W 7th St

Los AngelesCA90014
property at 430 S Broadway

430 S Broadway

Los AngelesCA90013
property at 315 W 5th St

315 W 5th St

Los AngelesCA90013

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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property at 460 S Spring St

460 S Spring St

Los AngelesCA90013
property at 645 W 9th St

645 W 9th St

Los AngelesCA90015
Showing Results 1-19, Page 1 of 1

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

Best Value Apartments for Rent in New Downtown, CA

As of March 26, 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 LoftsLOFTC31BR,1BA$1.97
Ames Lofts1 Bed 1 Bath1BR,1BA$1.55
a8132BR/2.0BA2BR,2BA$1.91
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

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Frequently Asked Questions about New Downtown

What type of rentals are currently available in New Downtown?

There are currently 1020 Apartments for Rent in New Downtown, CA with pricing that ranges from $645 to $43,550. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Downtown ranging from $1,895 to $24,000.

What is the current price range for Rental Homes in New Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Downtown ranges from $1,895 to $24,000 with an average monthly rent of $7,081.

How much are larger Three and Four Bedroom Rentals in New Downtown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Downtown range from $2,955 to $43,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,100 to $18,000. Four Bedroom Single-Family rentals are also available starting from $9,250 and Four Bedroom Apartments start at $3,255.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.