
Cheap Apartments for Rent in Rancho Palos Verdes, CA from $700 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Rancho Palos Verdes.


626 W 7th St

322-330 9th St

Harbor Terrace

La Villa Mesa
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.
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.
Rancho Palos Verdes, CA Local Guide

How much does it cost to rent an apartment in Rancho Palos Verdes?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Rancho Palos Verdes Studio Apartments | $2,372 | $1,500 | $3,075 |
Cheap Rancho Palos Verdes 1 Bedroom Apartments | $3,053 | $1,600 | $5,900 |
Cheap Rancho Palos Verdes 2 Bedroom Apartments | $3,660 | $2,000 | $7,745 |
Cheap Rancho Palos Verdes 3 Bedroom Apartments | $5,650 | $2,950 | $10,000+ |
Cheap Rancho Palos Verdes 4 Bedroom Apartments | $6,387 | $4,999 | $10,000+ |
Browse Top Apartments in Rancho Palos Verdes
See all Apartments in Rancho Palos VerdesExplore Rancho Palos Verdes
Rancho Palos Verdes, CA Local Guide
- Rancho Palos Verdes Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Rancho Palos Verdes, CA
Pricing Updated: 05/15/2025Current apartment rentals in the Rancho Palos Verdes, CA area range in price from $1,650 to $10,000 with an overall median price of $5,511. The three Rancho Palos Verdes neighborhoods with the lowest median rent pricing are Monaco at $1,825, Coastal Zone at $1,825, and East Rancho Palos Verdes at $1,699. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Rancho Palos Verdes Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Monaco | $4,315 | $1,825 | 38 |
Coastal Zone | $5,810 | $1,825 | 45 |
East Rancho Palos Verdes | $5,810 | $1,699 | 156 |
Miraleste | $5,810 | $1,699 | 139 |
Silver Spur | $5,810 | $1,650 | 94 |
Cheapest Available Rancho Palos Verdes Apartments for Rent
 The cheapest available apartment rental in Rancho Palos Verdes, CA is a 1 Bed unit found at 685 W 4th St in the Miraleste neighborhood priced from $1,203. Harbor Terrace in the East Rancho Palos Verdes neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,699. Here is today’s list of the most affordable Rancho Palos Verdes apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
685 W 4th St | One Bedroom | 1BR,1BA | $1,203 |
Harbor Terrace | Single/1 Bath | Studio,1BA | $1,699 |
1547 W. 261st St. | 1 Bed 1 Bath | 1BR,1BA | $1,875 |
Twin Oaks Apartments | 1 bed 1 bath | 1BR,1BA | $1,895 |
Narbonne Apartments | One Bedroom | 1BR,1BA | $1,999 |
Best Value Apartments for Rent in Rancho Palos Verdes, CA
As of May 15, 2025 the best value apartment in the Rancho Palos Verdes area is the $1.84 price per square foot Studio Model at San Pedro Bank Lofts in the in the Vinegar Hill neighborhood starting from $2,702. The second greatest value Rancho Palos Verdes apartment is the 3 bed 2 bath Model at LaSalle Lofts starting at $3,600 with a $2.57 price per square foot in the East Rancho Palos Verdes neighborhood. Here is today’s list of the best values for Rancho Palos Verdes apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
San Pedro Bank Lofts | Studio | Studio ,1BA | $1.84 |
LaSalle Lofts | 3 bed 2 bath | 3BR,2BA | $2.57 |
835 W 13th St, Unit 3 | 835 W 13th St | 3BR,2BA | $2.46 |
The Madrid | 2 bedroom | 2BR,2BA | $2.48 |
2410 S Carolina St, Unit C | 2410 S Carolina St | 2BR,1BA | $2.18 |
2623 S Alma St | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
25846 Oak Street | Two Bedroom Oak | 2BR,1BA | $2.52 |
PV Victoria Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.55 |
Narbonne Apartments | One Bedroom | 1BR,1BA | $2.28 |
401 W 3rd St, Unit 418 | 401 W 3rd St | 1BR,1BA | $2.46 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rancho Palos Verdes, CA Rentals by Map
See the most popular apartments and homes in Rancho Palos Verdes, CA
Getting Around Rancho Palos Verdes, CA
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
26 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 Rancho Palos Verdes Apartments
What is the Cheapest Studio apartment in Rancho Palos Verdes?
Currently the most affordable Cheap Studio Apartment in Rancho Palos Verdes is at Harbor Terrace listed at $1,699.
How much is rent for a Cheap One Bedroom Rancho Palos Verdes Apartment?
The lowest price for a Cheap One Bedroom Rancho Palos Verdes Apartment is $1,203 at 685 W 4th St.
What is the lowest price for a Cheap Two Bedroom Rancho Palos Verdes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rancho Palos Verdes is starting from $2,325 at Villa Capri.
What is the most affordable Rancho Palos Verdes Three Bedroom Apartment?
The best deal on a cheap Rancho Palos Verdes Three Bedroom Apartment rental is at 23930 Copa Pacific Apts LLC and starts from $3,395.
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.

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.

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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.