Cheap New Apartments for Rent in Hollywood, CA from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hollywood.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

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1042 Irolo
Built in 2024Studio Apartments

1042 Irolo

1042-1042 1/2 Irolo StLos Angeles, CA 90006
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Wilton Place Apartments
Built in 2023Studio to 3 Bedroom Apartments

Wilton Place Apartments

1732 N Wilton PlLos Angeles, CA 90028
Student Housing
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1039 S Lake St
Built in 2018Studio to 2 Bedroom Apartments

1039 S Lake St

1039 S Lake StLos Angeles, CA 90006
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Sunset Rise by Wiseman
Built in 2020Studio to 2 Bedroom Apartments

Sunset Rise by Wiseman

1446 N Detroit StLos Angeles, CA 90046
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Marigold West
Built in 2026Studio to 2 Bedroom Apartments

Marigold West

1041 N Martel AveWest Hollywood, CA 90046
Senior Living
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Westlake Park Square
Built in 2018Studio to 2 Bedroom Apartments

Westlake Park Square

2000 W Third StLos Angeles, CA 90057
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4Mica LA
Built in 2022Studio to 1 Bedroom Apartments

4Mica LA

751 Valencia StLos Angeles, CA 90017

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.

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1999 West 3RD Street
Built in 2025Studio to 1 Bedroom Apartments

1999 West 3RD Street

1999 W 3rd StLos Angeles, CA 90057
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Hollywood, CA Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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Cash 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.

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A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles

Learn About the Best Neighborhoods to Rent Near College Campuses in Los Angeles, CA | Find Los Angeles Off-Campus Student Housing at ApartmentHomeLiving.com

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Hollywood Apartments

What is the Cheapest Studio apartment in Hollywood?

Currently the most affordable Cheap Studio Apartment in Hollywood is at The Sinclair LA listed at $832.

How much is rent for a Cheap One Bedroom Hollywood Apartment?

The lowest price for a Cheap One Bedroom Hollywood Apartment is $1,039 at Beverly by Category.

What is the lowest price for a Cheap Two Bedroom Hollywood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hollywood is starting from $1,641 at Villas Del Lago.

What is the most affordable Hollywood Three Bedroom Apartment?

The best deal on a cheap Hollywood Three Bedroom Apartment rental is at 1441 Echo Park Ave and starts from $2,595.

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.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.