
Cheap Homes for Rent in Downtown Alhambra Neighborhood of Alhambra, CA from $1,800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Alhambra area of Alhambra.


338 S Arroyo Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

15 E Los Higos St

511 S Monterey St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

140 N Mission Dr
Downtown Alhambra, Alhambra, CA Local Guide

How much does it cost to rent a home in Downtown Alhambra?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Alhambra 2 Bedroom Homes for Rent | $2,847 | $2,200 | $3,500 |
| Downtown Alhambra 3 Bedroom Homes for Rent | $3,992 | $2,995 | $6,000 |
| Downtown Alhambra 5 Bedroom Homes for Rent | $5,600 | $5,600 | $5,600 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the Downtown Alhambra Neighborhood of Alhambra, CA.
Explore Alhambra
Downtown Alhambra, Alhambra, CA Local Guide
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Cheapest Available Downtown Alhambra Apartments for Rent
 The cheapest available apartment rental in the Downtown Alhambra area of Los Angeles, CA is a Studio unit found at South Olive Apartments priced from $1,759. Valley Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. Here are the most affordable Downtown Alhambra apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South Olive Apartments | Studio A | Studio,1BA | $1,759 |
| Valley Manor Apartments | Large 1 Bedroom | 1BR,1BA | $1,900 |
| mon930 | 1+1 | 1BR,1BA | $2,025 |
Best Value Apartments for Rent in Downtown Alhambra, CA
As of February 05, 2026 the best value apartment in the Downtown Alhambra area is the $2.41 price per square foot 2X2 Model at Bay State Terrace in the in the Southeast Los Angeles neighborhood starting from $2,650. The second greatest value Downtown Alhambra apartment is the 608 N Electric Ave Model at 608 N Electric Ave, Unit B starting at $2,800 with a $2.55 price per square foot in the Southeast Los Angeles neighborhood. Here is today’s list of the best values for Downtown Alhambra apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bay State Terrace | 2X2 | 2BR,2BA | $2.41 |
| 608 N Electric Ave, Unit B | 608 N Electric Ave | 2BR,2BA | $2.55 |
| 521 N Marguerita Ave | 521 Upstairs | 2BR,1BA | $2.24 |
| Second Street Apartments | 2 Bedroom - corner | 2BR,1BA | $2.66 |
| Valley Manor Apartments | Large 1 Bedroom | 1BR,1BA | $2.11 |
| 414 N Monterey St, Unit D | 414 N Monterey St | 2BR,1BA | $2.78 |
| mon930 | 1+1 | 1BR,1BA | $2.64 |
| Woodside Terrace | 1 Bed, 1 Bath | 1BR,1BA | $3.14 |
| 325 S. Almansor | 2 Bedroom 1 Bath | 2BR,1BA | $3.21 |
| 1604 Larch St, Unit A | 1604 Larch St | 1BR,1BA | $3.04 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Alhambra, Alhambra, CA
Ranked #6
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Alhambra
What type of rentals are currently available in Downtown Alhambra?
There are currently 686 Apartments for Rent in Downtown Alhambra, CA with pricing that ranges from $1,759 to $4,942. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Alhambra ranging from $1,800 to $6,000.
What is the current price range for Rental Homes in Downtown Alhambra?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Alhambra ranges from $1,800 to $6,000 with an average monthly rent of $3,676.
Expert Rental Resources
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Los Angeles, CA
Written by: Rachel Presser
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A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
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When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

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Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.