
$825 - $1,395
Total Monthly Price
Total Monthly Price
Base Rent
$825 - $1,395
Total Monthly Price
$825 - $1,395
3 Bedroom, 2 Bath Condo for Rent
Available Now
640 Elm
Long BeachCA90802
Search the lowest-cost Apartments available for rent right now in the Downtown Long Beach area of Long Beach.










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.
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Long Beach Studio Apartments | $2,268 | $1,395 | $4,056 |
| Downtown Long Beach 1 Bedroom Apartments | $2,810 | $1,495 | $7,037 |
| Downtown Long Beach 2 Bedroom Apartments | $3,643 | $1,735 | $7,490 |
| Downtown Long Beach 3 Bedroom Apartments | $4,336 | $1,295 | $9,350 |
| Downtown Long Beach 4 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
There are currently 263 rentals with your search options within a 2 mile radius of the Downtown Long Beach Neighborhood of Long Beach, CA.
See all Apartments in Long BeachThe cheapest available apartment rental in the Downtown Long Beach area of Los Angeles, CA is a Studio unit found at 335 Pacific Avenue priced from $1,200. 1536-38 Locust Ave has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here are the most affordable Downtown Long Beach apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 335 Pacific Avenue | 0BR/1.0BA | Studio,1BA | $1,200 |
| 1536-38 Locust Ave | 0BR/1.0BA | Studio,1BA | $1,300 |
| 500 E. 6th | Studio | Studio,1BA | $1,350 |
| 319 W 5th ST LONG BEACH, CA 90802 | 0BR/1.0BA | Studio,1BA | $1,385 |
| 727 Locust | Studio | Studio,1BA | $1,395 |
| 715-723 Lime Ave | Studio | Studio,1BA | $1,425 |
| 730 Magnolia Avenue | 0BR/1.0BA | Studio,1BA | $1,450 |
| Elm Avenue Apartments | 0BR/1.0BA | Studio,1BA | $1,450 |
| 1324 Peterson Avenue | 0BR/1.0BA | Studio,1BA | $1,495 |
As of April 18, 2026 the best value apartment in the Downtown Long Beach area is the $1.23 price per square foot 0BR/1.0BA Model at Daisy Studios in the in the Downtown Long Beach neighborhood starting from $2,095. The second greatest value Downtown Long Beach apartment is the 225 W 5th St Model at 225 W 5th St starting at $1,295 with a $0.86 price per square foot in the Downtown Long Beach neighborhood. Here is today’s list of the best values for Downtown Long Beach apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Daisy Studios | 0BR/1.0BA | Studio ,1BA | $1.23 |
| 225 W 5th St | 225 W 5th St | 3BR,2BA | $0.86 |
| 1905 E Florida St, Unit 2 | 1905 E Florida St | 3BR,2BA | $1.07 |
| 805 E. 7th St. | One Bedroom | 1BR,1BA | $2.00 |
| 1438 E 8th St, Unit Charming 2 bedroom | 1438 E 8th St | 2BR,1BA | $2.28 |
| 1436 E 8th St, Unit B | 1436 E 8th St | 2BR,1BA | $2.25 |
| 926 Long Beach Blvd, Unit 926 | 926 Long Beach Blvd | 1BR,1BA | $1.95 |
| 1525 Pine Ave. | 2 Bed 1 Bath | 2BR,1BA | $2.20 |
| 525-537 Chestnut Avenue | 2BR/1.0BA | 2BR,1BA | $2.13 |
| Park Pacific Tower Senior Housing | Park Pacific | 1BR,1BA | $2.27 |
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.
Read ArticleDiscover 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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Read ArticleDiscover 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 ArticleThe 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.
Among cities in California for Apartment listings with Pet Friendly Amenities.
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A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Long Beach is under $1,495.
The cheapest apartment in Downtown Long Beach is Park Pacific Tower Senior Housing which is listed at $1,522, while the average apartment in Downtown Long Beach costs $4,350.
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 8 regular apartments in Downtown Long Beach that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Downtown Long Beach have an average cost of $125 which is $4,225 cheaper than the average rent for all rentals in Downtown Long Beach.
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.
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