Cheap Homes for Rent in Palos Verdes Peninsula, CA from $1,200 (12 Rentals)

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

Search the lowest-cost Homes available for rent right now in Palos Verdes Peninsula.

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.

Read Article

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

Read Article
Showing Results 1-12, Page 1 of 1

Palos Verdes Peninsula, CA Local Guide

Cheapest Available Palos Verdes Peninsula Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palos Verdes Peninsula, CA is a Studio unit found at Kensington Apartments in the Silver Spur neighborhood priced from $1,499. Kona Kai West in the Malaga Cove neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,682. Here is today’s list of the most affordable Palos Verdes Peninsula apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kensington ApartmentsStudio 1 BathroomStudio,1BA$1,499
Kona Kai WestStudioStudio,1BA$1,682
Kona Kai ApartmentsStudio, 1 bathStudio,1BA$1,700
Newton TowersStudioStudio,1BA$1,825
1547 W. 261st St.1 Bed 1 Bath1BR,1BA$1,875

Best Value Apartments for Rent in Palos Verdes Peninsula, CA and Nearby

As of April 21, 2025 the best value apartment in the Palos Verdes Peninsula area is the $2.29 price per square foot 2 bedroom Model at The Madrid in the in the Malaga Cove neighborhood starting from $3,095. The second greatest value Palos Verdes Peninsula apartment is the 2849 W 235th St Model at 2849 W 235th St, Unit 8 starting at $3,200 with a $2.56 price per square foot in the South Torrance neighborhood. Here is today’s list of the best values for Palos Verdes Peninsula apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Madrid2 bedroom2BR,2BA$2.29
2849 W 235th St, Unit 82849 W 235th St3BR,2BA$2.56
La Linda Apartments2 Bedroom2BR,2BA$2.53
Casa de Flores Apartments2 Bedroom 2 Bath2BR,2BA$2.71
25846 Oak StreetTwo Bedroom Oak2BR,1BA$2.52
2069 250th St, Unit 250 st2069 250th St2BR,1BA$2.68
PV Victoria Apartments1 Bed 1 Bath1BR,1BA$2.55
Narbonne ApartmentsOne Bedroom1BR,1BA$2.28
Casa Del AmoPlan B 1 bedroom1BR,1BA$2.65
1547 W. 261st St.1 Bed 1 Bath1BR,1BA$2.77

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

Frequently Asked Questions about Palos Verdes Peninsula

What type of rentals are currently available in Palos Verdes Peninsula?

There are currently 685 Apartments for Rent in Palos Verdes Peninsula, CA with pricing that ranges from $1,499 to $9,744. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palos Verdes Peninsula ranging from $1,250 to $39,999.

What is the current price range for Rental Homes in Palos Verdes Peninsula?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palos Verdes Peninsula ranges from $1,250 to $39,999 with an average monthly rent of $11,342.

How much are larger Three and Four Bedroom Rentals in Palos Verdes Peninsula?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palos Verdes Peninsula range from $3,200 to $7,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,200 to $15,500. Four Bedroom Single-Family rentals are also available starting from $4,295 and Four Bedroom Apartments start at $3,500.

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 Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.