Cheap Apartments for Rent in the Downtown Los Angeles Neighborhood of Los Angeles, CA from $300 (96 Rentals)

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

property at 729 S Union Ave

729 S Union Ave

Los AngelesCA90017
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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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1036 N Bonnie Brae St
1 to 2 Bedroom Apartments

1036 N Bonnie Brae St

1036 N Bonnie Brae StLos Angeles, CA 90026
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Downtown Los Angeles, Los Angeles, CA Local Guide

Cheapest Available Downtown Los Angeles Apartments for Rent

 

The cheapest available apartment rental in the Downtown Los Angeles area of Los Angeles, CA is a 1 Bed unit found at 807 S Flower St priced from $645. 647 18th St has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Downtown Los Angeles apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
807 S Flower St1B/1B1BR,1BA$645
647 18th StStudio Private BathStudio,1BA$695
Beautiful Dormitory Style Housing Available0BR/1.0BAStudio,1BA$845
Alexandria ApartmentsAlexandria Apartments 35%Studio,1BA$927
729 S. Union Ave.Great Studio apartment home for rent near Downt...Studio,1BA$995
Adams Hill LoftsBachelor w/KitchenetteStudio,1BA$1,053
Broadway FlatsStudioStudio,1BA$1,119
Royal VikingStudio 7Studio,1BA$1,145
Waldorf ApartmentsStudioStudio,1BA$1,150
Westland @ ReginaStudioStudio,1BA$1,175

Best Value Apartments for Rent in Downtown Los Angeles, CA

As of November 14, 2025 the best value apartment in the Downtown Los Angeles area is the $1.34 price per square foot 621 S Broadway Model at 621 S Broadway, Unit 3 in the in the City West neighborhood starting from $2,950. The second greatest value Downtown Los Angeles apartment is the 3 Beds 1 Bath Model at Spring Tower Lofts starting at $3,800 with a $1.90 price per square foot in the City West neighborhood. Here is today’s list of the best values for Downtown Los Angeles apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
621 S Broadway, Unit 3621 S Broadway2BR,1BA$1.34
Spring Tower Lofts3 Beds 1 Bath3BR,1BA$1.90
Ames Lofts1 Bed 2 Bath1BR,2BA$1.87
720 Bartlett St2 Bedroom 1 Bath2BR,1BA$1.73
Rosslyn Lofts ApartmentsLoft GStudio ,1BA$1.88
Crystal House Apartments1 BD/ 1BA1BR,1BA$2.00
2421 Hunter St, Unit 12421 Hunter St1BR,1BA$2.00
2425 Hunter St, Unit 24252425 Hunter St1BR,1BA$1.76
807 S Flower St1B/1B1BR,1BA$0.81
The Lorenzo1x1 - Botticelli1BR,1BA$1.78

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Pet Friendly Lifestyle
Downtown Los Angeles, Los Angeles, CA

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Los Angeles, Los Angeles, CA

School data provided by Great Schools

Lifestyle Ratings

Our team works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Los Angeles. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, apartment complexes for the kids, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Los Angeles Apartments

What is a cheap apartment in Downtown Los Angeles?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Los Angeles is under $1,175.

What is the price of a cheap apartment in Downtown Los Angeles?

The cheapest apartment in Downtown Los Angeles is 807 S Flower St which is listed at $645, while the average apartment in Downtown Los Angeles costs $6,174.

What types of apartments are the cheapest in Downtown Los Angeles?

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 77 regular apartments in Downtown Los Angeles 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 Downtown Los Angeles?

Cheap apartments in Downtown Los Angeles have an average cost of $122 which is $6,052 cheaper than the average rent for all rentals in Downtown Los Angeles.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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The 10 Best Affordable Neighborhoods in Los Angeles, CA

Written by: Rachel Presser

Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.