Cheap Apartments for Rent in the Downtown Paramount Neighborhood of Paramount, CA from $1,200 (14 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 Downtown Paramount area of Paramount.

close
View Me
15560 Orange Avenue
1 Bedroom Apartments

15560 Orange Avenue

15560 Orange AveParamount, CA 90723
  • Utilities Included
close
View Me
7222 Petrol St
2 Bedroom Apartments

7222 Petrol St

7222 Petrol StParamount, CA 90723
  • Utilities Included
close
View Me
Petrol West
1 Bedroom Apartments

Petrol West

7214-7218 Petrol StParamount, CA 90723
  • Utilities Included

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

close
View Me
7001 Orange Ave
1 Bedroom Apartments

7001 Orange Ave

7001-7011 Orange AveLong Beach, CA 90805
close
View Me
The Waikikian
1 Bedroom Apartments

The Waikikian

8831 Rosecrans AveDowney, CA 90242
  • Utilities Included
close
View Me
Park West
1 to 2 Bedroom Apartments

Park West

17045 Passage AveBellflower, CA 90706
  • Utilities Included

Downtown Paramount, Paramount, CA Local Guide

Cheapest Available Downtown Paramount Apartments for Rent

 

The cheapest available apartment rental in the Downtown Paramount area of Los Angeles, CA is a Studio unit found at Tower Bellflower priced from $1,375. Paradise Gardens Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $1,649. Here are the most affordable Downtown Paramount apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Tower BellflowerStudioStudio,1BA$1,375
Paradise Gardens Apartment HomesStudio - Plan BStudio,1BA$1,649
Town Center TerraceOne Bedroom One Bath1BR,1BA$1,653
The Exotic IsleStudio (ALL Utilities Included)Studio,1BA$1,795
Indiana Avenue Apartments1x11BR,1BA$1,795

Best Value Apartments for Rent in Downtown Paramount, CA

As of March 30, 2025 the best value apartment in the Downtown Paramount area is the $2.30 price per square foot The Avalon Model at San Marcos Village Apartments in the in the Southeast Los Angeles neighborhood starting from $2,320. The second greatest value Downtown Paramount apartment is the 8401 2nd St Model at 8401 2nd St, Unit 8403 12 starting at $2,400 with a $2.82 price per square foot in the Southeast Los Angeles neighborhood. Here is today’s list of the best values for Downtown Paramount apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
San Marcos Village ApartmentsThe Avalon2BR,2BA$2.30
8401 2nd St, Unit 8403 128401 2nd St2BR,1.5BA$2.82
Richfield ApartmentsTwo Bedroom2BR,1BA$2.51
EnclaveB11BR,1BA$2.95
Indiana Avenue Apartments1x11BR,1BA$2.44
EdgewayPlan 1A - 1 Bedroom, 1 Bath1BR,1BA$3.98
Tower BellflowerOne Bed1BR,1BA$3.00
Town Center TerraceOne Bedroom One Bath1BR,1BA$3.18
Paradise Gardens Apartment HomesStudio - Plan AStudio ,1BA$4.36

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
Downtown Paramount, Paramount, CA

Ranked #2

Among neighborhoods in Paramount, 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

Frequently Asked Questions about Cheap Downtown Paramount Apartments

What is a cheap apartment in Downtown Paramount?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Paramount is under $2,597.

What is the price of a cheap apartment in Downtown Paramount?

The cheapest apartment in Downtown Paramount is Tower Bellflower which is listed at $1,650, while the average apartment in Downtown Paramount costs $2,867.

What types of apartments are the cheapest in Downtown Paramount?

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 6 regular apartments in Downtown Paramount that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.