Cheap Apartments for Rent in the Wilshire Neighborhood of Los Angeles, CA from $700 (197 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 4270 4th St

4270 4th St

Los AngelesCA90020

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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

property at 245 Serrano Ave

245 Serrano Ave

Los AngelesCA90004

Wilshire, Los Angeles, CA Local Guide

Cheapest Available Wilshire Apartments for Rent

 

The cheapest available apartment rental in the Wilshire 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 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
Kipling ApartmentsA1Studio,1BA$1,100
4749 ElmwoodUnit PH43BR,2BA$1,150
Spacious Apartment in KoreatownBachelorStudio,1BA$1,195
539 S Serrano AveSTUDIOStudio,1BA$1,300
919 S. Manhattan PlStudioStudio,1BA$1,349
247 Alexandria2nd Floor Studio -Studio,1BA$1,350
THE NORM @ 750 Normandie Ave0BR/1.0BAStudio,1BA$1,370

Best Value Apartments for Rent in Wilshire, CA

As of May 17, 2025 the best value apartment in the Wilshire area is the $0.34 price per square foot Condo- 1 bed 1 bath Model at Lux Lofts- 3279 San Marino St in the in the Wilshire neighborhood starting from $2,400. The second greatest value Wilshire apartment is the 3 Bedroom, 2 Bath Model at Gramercy Apartments starting at $3,999 with a $2.05 price per square foot in the Wilshire Center neighborhood. Here is today’s list of the best values for Wilshire apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lux Lofts- 3279 San Marino StCondo- 1 bed 1 bath1BR,1BA$0.34
Gramercy Apartments3 Bedroom, 2 Bath3BR,2BA$2.05
335 N Mariposa Ave, Unit #4335 N Mariposa Ave2BR,2BA$2.17
845 S. Kingsley2BR/2.0BA2BR,2BA$1.72
521 S Manhattan Pl, Unit 11521 S Manhattan Pl2BR,2BA$2.25
Alexandria II2 Bedroom/2 Bath Apartment for Rent in Korea Town2BR,2BA$2.27
4749 ElmwoodUnit 1033BR,2BA$1.36
839 S Plymouth Blvd, Unit 3839 S Plymouth Blvd1BR,1BA$1.38
245 South Serrano Ave1BR/1.0BA1BR,1BA$2.19
616 N HobartStudioStudio ,1BA$1.16

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Wilshire, Los Angeles, CA

Ranked #30

Among neighborhoods in Los Angeles, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Los Angeles. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Wilshire Apartments

What is a cheap apartment in Wilshire?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wilshire is under $1,370.

What is the price of a cheap apartment in Wilshire?

The cheapest apartment in Wilshire is Beverly which is listed at $900, while the average apartment in Wilshire costs $3,185.

What types of apartments are the cheapest in Wilshire?

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 15 regular apartments in Wilshire 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?

Cheap apartments in Wilshire have an average cost of $1,227 which is $1,958 cheaper than the average rent for all rentals in Wilshire.

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 Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.