Cheap Apartments for Rent in the Wilshire Center Neighborhood of Los Angeles, CA from $500 (244 Rentals)

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

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property at 4270 4th St

4270 4th St

Los AngelesCA90020
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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 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 Wilshire Center 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
The Monroe at Virgil VillageBachelorStudio,1BA$1,100
Hollywood Melrose ApartmentsBachelor StudioStudio,1BA$1,150
4749 ElmwoodUnit PH43BR,2BA$1,150
Magnolia City Lights Apartments3 Bedroom3BR,2BA$1,194
Spacious Apartment in KoreatownBachelorStudio,1BA$1,195
2850 Leeward AveStudioStudio,1BA$1,200
The Rayfield ApartmentsStudioStudio,1BA$1,245
Hildalgo ElcaStudio, 1 bathStudio,1BA$1,250

Best Value Apartments for Rent in Wilshire Center, CA

As of April 26, 2025 the best value apartment in the Wilshire Center area is the $2.27 price per square foot 2 Bedroom/2 Bath Apartment for Rent in Korea Town Model at Alexandria II in the in the Wilshire Center neighborhood starting from $2,495. The second greatest value Wilshire Center apartment is the 2 Bedroom Model at Magnolia City Lights Apartments starting at $1,951 with a $2.17 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.
Alexandria II2 Bedroom/2 Bath Apartment for Rent in Korea Town2BR,2BA$2.27
Magnolia City Lights Apartments2 Bedroom2BR,1.5BA$2.17
350 S Harvard Blvd2BR 2BA2BR,2BA$2.29
4749 ElmwoodUnit 1033BR,2BA$1.36
Wilshire Villas North1 Bedroom1BR,1BA$2.12
245 South Serrano Ave1BR/1.0BA1BR,1BA$2.18
Mediterranean Sea Partners, LLC0BR/1.0BAStudio ,1BA$2.26
The Rayfield ApartmentsStudioStudio ,1BA$2.26
Hildalgo ElcaStudio, 1 bathStudio ,1BA$2.27
616 N HobartStudioStudio ,1BA$1.39

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Pet Friendly Lifestyle
Wilshire Center, Los Angeles, CA

Ranked #14

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

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 $1,250.

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 $5,500.

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 45 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 $839 which is $4,661 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.

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