Cheap Apartments for Rent in the Wilshire Center Neighborhood of Los Angeles, CA from $500 (242 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Wilshire Center area of Los Angeles.

property at 4266 Melrose Ave

4266 Melrose Ave

Los AngelesCA90029

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 727 S Coronado St

727 S Coronado St

Los AngelesCA90057
Showing Results 1-50, Page 1 of 5

Wilshire Center, Los Angeles, CA Local Guide

Cheapest Available Wilshire Center Apartments for Rent

 

The cheapest available apartment rental in the Wilshire Center 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 Wilshire Center 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
Hollywood Melrose ApartmentsBachelor StudioStudio,1BA$1,150
4749 ElmwoodUnit PH43BR,2BA$1,150
2850 Leeward AveStudioStudio,1BA$1,200
The Rayfield ApartmentsStudioStudio,1BA$1,245
Hildalgo ElcaStudio, 1 bathStudio,1BA$1,250
The Monroe at Virgil VillageBachelorStudio,1BA$1,250
Kenmore Apartments0x1Studio,1BA$1,295

Best Value Apartments for Rent in Wilshire Center, CA

As of March 29, 2025 the best value apartment in the Wilshire Center 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 Wilshire Center apartment is the Two Bedroom/ One Bath Model at 936 Lucile Ave starting at $2,500 with a $2.08 price per square foot in the Wilshire Center neighborhood. Here is today’s list of the best values for Wilshire Center 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
936 Lucile AveTwo Bedroom/ One Bath2BR,1BA$2.08
226 South Serrano2BR/1.5BA2BR,1.5BA$2.00
311 South New Hampshire Avenue2BR/2.0BA2BR,2BA$2.26
Magnolia City Lights Apartments2 Bedroom2BR,1.5BA$2.17
4749 ElmwoodUnit 1033BR,2BA$1.36
Wilshire Villas North1 Bedroom1BR,1BA$2.12
245 South Serrano Ave1BR/1.0BA1BR,1BA$2.19
204 N Manhattan PlOne Bed1BR,1BA$2.24
616 N HobartStudioStudio ,1BA$1.39

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Pet Friendly Lifestyle
Wilshire Center, Los Angeles, CA

Ranked #11

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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Best Local Schools in
Wilshire Center, Los Angeles, CA

School data provided by Great Schools

Best Local Schools in
Wilshire Center, Los Angeles, CA

School data provided by Great Schools

Lifestyle Ratings

This website works hard to bring you comprehensive Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Los Angeles, CA. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, family-friendly amenities, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Wilshire Center Apartments

What is a cheap apartment in Wilshire Center?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wilshire Center is under $1,295.

What is the price of a cheap apartment in Wilshire Center?

The cheapest apartment in Wilshire Center is Beverly which is listed at $900, while the average apartment in Wilshire Center costs $4,812.

What types of apartments are the cheapest in Wilshire Center?

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 43 regular apartments in Wilshire Center 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 Wilshire Center?

Cheap apartments in Wilshire Center have an average cost of $646 which is $4,166 cheaper than the average rent for all rentals in Wilshire Center.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.