
Cheap Apartments for Rent in the Downtown Paramount Neighborhood of Paramount, CA from $1,200 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Paramount area of Paramount.


Town Center Terrace

Indiana Avenue Apartments

The Exotic Isle

Somerset Village

Tower Bellflower
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

Paradise Gardens Apartment Homes
Downtown Paramount, Paramount, CA Local Guide

How much does it cost to rent an apartment in Downtown Paramount?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Paramount Studio Apartments | $1,637 | $1,375 | $1,795 |
Downtown Paramount 1 Bedroom Apartments | $2,155 | $1,650 | $3,200 |
Downtown Paramount 2 Bedroom Apartments | $2,806 | $2,100 | $3,900 |
Downtown Paramount 3 Bedroom Apartments | $2,897 | $2,640 | $3,095 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Downtown Paramount Neighborhood of Paramount, CA.
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Downtown Paramount, Paramount, CA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tower Bellflower | Studio | Studio,1BA | $1,375 |
Paradise Gardens Apartment Homes | Studio - Plan B | Studio,1BA | $1,649 |
Town Center Terrace | One Bedroom One Bath | 1BR,1BA | $1,653 |
The Exotic Isle | Studio (ALL Utilities Included) | Studio,1BA | $1,795 |
Indiana Avenue Apartments | 1x1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
San Marcos Village Apartments | The Avalon | 2BR,2BA | $2.30 |
8401 2nd St, Unit 8403 12 | 8401 2nd St | 2BR,1.5BA | $2.82 |
Richfield Apartments | Two Bedroom | 2BR,1BA | $2.51 |
Enclave | B1 | 1BR,1BA | $2.95 |
Indiana Avenue Apartments | 1x1 | 1BR,1BA | $2.44 |
Edgeway | Plan 1A - 1 Bedroom, 1 Bath | 1BR,1BA | $3.98 |
Tower Bellflower | One Bed | 1BR,1BA | $3.00 |
Town Center Terrace | One Bedroom One Bath | 1BR,1BA | $3.18 |
Paradise Gardens Apartment Homes | Studio - Plan A | Studio ,1BA | $4.36 |
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Pet Friendly LifestyleDowntown Paramount, Paramount, CA
Ranked #2
Among neighborhoods in Paramount, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Paramount, Paramount, CA
School data provided by Great Schools
Best Local Schools in Downtown Paramount, Paramount, CA
School data provided by Great Schools
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.

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.