Cheap Apartments for Rent in the Central City East Neighborhood of Los Angeles, CA from $300 (75 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central City East area of Los Angeles.

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Museum Tower
Rent Specials
$1,496 - $8,469
Total Monthly Price

Total Monthly Price

Base Rent
$1,496 - $8,469

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Museum Tower

225 S Olive StLos Angeles, CA 90012
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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255 Grand
Rent Specials
$1,534 - $4,144
Total Monthly Price

Total Monthly Price

Base Rent
$1,534 - $4,144

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

255 Grand

255 S Grand AveLos Angeles, CA 90012
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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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property at 460 S Spring St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

Studio, 1 Bath Condo for Rent

Available Now

460 S Spring St, Unit 608

460 S Spring St
Los AngelesCA90013

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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King Edward
Studio Apartments

King Edward

121 E 5th StLos Angeles, CA 90013
  • Utilities Included
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Ballington Plaza
Studio Apartments

Ballington Plaza

622 Wall StLos Angeles, CA 90014
Senior Living
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553 Ceres Ave
Studio Apartments

553 Ceres Ave

553 Ceres AveLos Angeles, CA 90013
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Bristol Apartments
Studio Apartments

Bristol Apartments

423 W 8th StLos Angeles, CA 90014
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Studio House
Studio Apartments

Studio House

832 S Olive StLos Angeles, CA 90014

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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.

Central City East, Los Angeles, CA Local Guide

Cheapest Available Central City East Apartments for Rent

 

The cheapest available apartment rental in the Central City East area of Los Angeles, CA is a Studio unit found at Huntington Apartments priced from $800. Alexandria Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $927. Here are the most affordable Central City East apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Huntington ApartmentsBachelor StudioStudio,1BA$800
Alexandria ApartmentsAlexandria Apartments 35%Studio,1BA$927
Broadway FlatsStudioStudio,1BA$1,135
Mikado Little TokyoMicro UnitsStudio,1BA$1,560
The Lofts at the Security Building Apartments01L1Studio,1BA$1,582
Santee CourtSTUDIO (FGHI)Studio,1BA$1,647
Gas Company LoftsStudio LoftStudio,1BA$1,657
The Broadway LoftsStudio CStudio,1BA$1,700
Pacific Electric LoftsStudio Bed 1 Baths (la)Studio,1BA$1,709
Union LoftsThe HoldingStudio,1BA$1,714

Best Value Apartments for Rent in Central City East, CA

As of July 11, 2026 the best value apartment in the Central City East area is the $2.09 price per square foot 2BR/1.0BA Model at Hellman Lofts in the in the City West neighborhood starting from $4,375. The second greatest value Central City East apartment is the 420 S San Pedro St Model at 420 S San Pedro St, Unit 103 starting at $3,600 with a $1.77 price per square foot in the City West neighborhood. Here is today’s list of the best values for Central City East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hellman Lofts2BR/1.0BA2BR,1BA$2.09
420 S San Pedro St, Unit 103420 S San Pedro St1BR,1BA$1.77
Spring Tower Lofts2 Beds 1 Bath2BR,1BA$1.90
The Walnut BuildingModern Loft UnitsStudio ,1BA$2.01
Thurman Lofts2 Bedroom 2 Bath2BR,2BA$2.26
Tailor Lofts4 bedroom / 2 bath Plans M-O4BR,2BA$2.06
725-729 S Spring StLoftsStudio ,1BA$1.66
The Continental Building1BR/1.0BA1BR,1BA$2.07
Randolph Lofts1 Bedroom 1.5 Bath1BR,1.5BA$2.26
Gas Company LoftsStudio LoftStudio ,1BA$1.98

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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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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Pet Friendly Lifestyle
Central City East, Los Angeles, CA

Ranked #48

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Central City East, Los Angeles, and the greater Los Angeles area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Central City East Apartments

What is a cheap apartment in Central City East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central City East is under $1,714.

What is the price of a cheap apartment in Central City East?

The cheapest apartment in Central City East is Alexandria Apartments which is listed at $1,600, while the average apartment in Central City East costs $16,133.

What types of apartments are the cheapest in Central City East?

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 30 regular apartments in Central City East that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Central City East?

Cheap apartments in Central City East have an average cost of $122 which is $16,011 cheaper than the average rent for all rentals in Central City East.

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.

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