
Cheap Apartments for Rent in Panorama City, CA from $500 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Panorama City.


Sherman Way Apartments
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
Panorama City, CA Local Guide

How much does it cost to rent an apartment in Panorama City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Panorama City Studio Apartments | $1,681 | $850 | $2,331 |
Cheap Panorama City 1 Bedroom Apartments | $2,052 | $1,500 | $3,076 |
Cheap Panorama City 2 Bedroom Apartments | $2,740 | $1,795 | $3,329 |
Cheap Panorama City 3 Bedroom Apartments | $3,421 | $2,598 | $4,495 |
Cheap Panorama City 4 Bedroom Apartments | $3,400 | $3,200 | $3,600 |
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Panorama City, CA Local Guide

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Cheapest Neighborhoods for Apartments in Panorama City, CA
Pricing Updated: 03/28/2025Current apartment rentals in the Panorama City, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Panorama City Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Arleta | $2,897 | $1,200 | 21 |
Cheapest Available Panorama City Apartments for Rent
 The cheapest available apartment rental in Panorama City, CA is a Studio unit found at Sherman Way Apartments in the Antelope Valley neighborhood priced from $850. 8742 Orion in the North Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Panorama City apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sherman Way Apartments | Bachelor Apartment | Studio,1BA | $850 |
8742 Orion | 0x1 | Studio,1BA | $1,200 |
Van Nuys-9216 | STUDIO | Studio,1BA | $1,295 |
6326 Coldwater Cyn | 0x1 | Studio,1BA | $1,425 |
Diamond Pointe | Studio | Studio,1BA | $1,450 |
Sepulveda Manhattan Apartments | Studio | Studio,1BA | $1,500 |
6827 Whitsett Ave | Studio | Studio,1BA | $1,500 |
Best Value Apartments for Rent in Panorama City, CA
As of March 28, 2025 the best value apartment in the Panorama City area is the $1.94 price per square foot 3 Bed 2.5 Bath Model at 6745 Coldwater Canyon Ave in the in the Antelope Valley neighborhood starting from $3,150. The second greatest value Panorama City apartment is the Three Bedroom, Two Bath Model at 15755 Saticoy St starting at $2,850 with a $1.85 price per square foot in the West Van Nuys neighborhood. Here is today’s list of the best values for Panorama City apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6745 Coldwater Canyon Ave | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.94 |
15755 Saticoy St | Three Bedroom, Two Bath | 3BR,2BA | $1.85 |
La Croix Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.69 |
6643 Haskell Avenue | 2BR/2.0BA | 2BR,2BA | $1.66 |
6651 Haskell Ave | 2BR/2.0BA | 2BR,2BA | $1.75 |
Gables East | 2 Bed 2 Bath | 2BR,2BA | $2.00 |
6717 Wilkinson | 1x1 | 1BR,1BA | $1.85 |
8530 Cedros Ave, Unit 316 | 8530 Cedros Ave | 1BR,1BA | $1.96 |
13949 Vanowen St, Unit 1 | 13949 Vanowen St | 1BR,1BA | $2.03 |
7013 Coldwater Canyon Ave, Unit 2 | 7013 Coldwater Canyon Ave | 1BR,1BA | $1.99 |
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Panorama City Overview
One of the first true 'planned communities' within the greater Los Angeles region, Panorama City is a diverse hot spot with much to offer those eager to live in the sunny realm of California. From nearby surfing to that timeless Hollywood glamour, this hip and happening west coast hub boasts a youthful spirit and close to 70,000 proud residents.
Why live in Panorama City, CA?
For those eager to connect with a charming, laid back west coast locale, Panorama City might just be the perfect fit. Largely residential in scope while still offering much in the way of local amenities such as shopping and eateries, this slice of LA combines large city convenience with smaller town ambiance.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Panorama City, CA Rentals by Map
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Getting Around Panorama City, CA
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
50 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Panorama City Apartments
What is a cheap apartment in Panorama City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Panorama City is under $1,500.
What is the price of a cheap apartment in Panorama City?
The cheapest apartment in Panorama City is Sun Terrace which is listed at $1,525, while the average apartment in Panorama City costs $2,897.
What types of apartments are the cheapest in Panorama City?
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 2 regular apartments in Panorama City 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 Panorama City?
Cheap apartments in Panorama City have an average cost of $275 which is $2,622 cheaper than the average rent for all rentals in Panorama City.
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.

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.

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.

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.

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.