Cheap Homes for Rent near Hollywood, CA from $1,200 (274 Rentals)

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LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area

Get more breathing room without compromising proximity to LA. Our Los Angeles local expert breaks down the best neighboring cities for renting more affordable apartments with easier commutes.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Los Angeles Essential Guide: Finding Rentals Near LA's Biggest Job Hubs

Working at LAX, Disney, UCLA, or Kaiser Permanente? We detail the best LA neighborhoods—from Westchester to Magnolia Park—to help you find a rental and eliminate your commute.

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More Than Just Hollywood: A Local Expert's Deep Dive into LA Living

Moving to Los Angeles? Get an insider's view on desirable neighborhoods like Koreatown, Los Feliz, and NELA, plus crucial insight on LA's vast sprawl and transit.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Hollywood, CA Local Guide

Cheapest Available Hollywood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hollywood, CA is a Studio unit found at 2765 Francis Ave in the McArthur Park neighborhood priced from $699. 6669 De Longpre Ave in the Yucca Corridor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Hollywood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2765 Francis AveSharedStudio,1BA$699
6669 De Longpre AveStudioStudio,1BA$795
Olympic HotelModel AStudio,1BA$832
The Sinclair LAModel DStudio,1BA$832
1811 Tamarind Apartments0BR/0.5BAStudio,$899
St. Andrews Place ApartmentsBachelorStudio,1BA$900
Wilton by Category204 304 404 504 Private Bedroom 6 Bed 4 Bath D1BR,1BA$901
The Charleston Apartments0 Bed/1 Bath BStudio,1BA$995
Beverly by CategoryPrivate Room in Shared 6 Bed 4 Bath (B)1BR,1BA$1,001
1110 S Lake St0 Beds, 1 BathsStudio,1BA$1,001

Best Value Apartments for Rent in Hollywood, CA and Nearby

As of August 17, 2026 the best value apartment in the Hollywood area is the $0.66 price per square foot 6 Bed 4 Bath - C Model at Melrose by Category in the in the Mid Wilshire neighborhood starting from $1,321. The second greatest value Hollywood apartment is the Shared 4 bed / 3 bath Model at 216 S Orange Dr starting at $1,300 with a $0.67 price per square foot in the Mid Wilshire neighborhood. Here is today’s list of the best values for Hollywood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Melrose by Category6 Bed 4 Bath - C1BR,1BA$0.66
216 S Orange DrShared 4 bed / 3 bath4BR,3BA$0.67
Wilton by Category305 Private Bedroom 6 Bed 4 Bath F1BR,1BA$0.68
921 1/2 S Hobart Blvd, Unit 921 1/2 S.Hobart Blvd921 1/2 S Hobart Blvd2BR,1.5BA$1.78
936 Lucile Ave1 or 2 bed/1-bath1BR,1BA$1.66
PINNACLE APEX-1316 LEMOYNE STREET2BR/1.0BA2BR,1BA$1.67
845 S. Kingsley2BR/2.0BA2BR,2BA$1.91
Gramercy Place1BD 1BTH1BR,1BA$1.90
Natalie Court Luxury ApartmentsOne Bedroom Second Floor1BR,1BA$1.85
616 N HobartStudioStudio ,1BA$1.16

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Hollywood

What type of rentals are currently available in Hollywood?

There are currently 12627 Apartments for Rent in Hollywood, CA with pricing that ranges from $699 to $25,371. There are also 973 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hollywood ranging from $1,225 to $100,000.

What is the current price range for Rental Homes in Hollywood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hollywood ranges from $1,225 to $100,000 with an average monthly rent of $9,714.

How much are larger Three and Four Bedroom Rentals in Hollywood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hollywood range from $2,363 to $25,371, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,360 to $34,900. Four Bedroom Single-Family rentals are also available starting from $1,330 and Four Bedroom Apartments start at $1,163.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.