Cheap Apartments for Rent in the Downtown Los Angeles Neighborhood of Los Angeles, CA from $300 (95 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
King Edward
Studio Apartments

King Edward

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

Ballington Plaza

622 Wall StLos Angeles, CA 90014
Senior Living
  • Utilities Included
close
View Me
1036 N Bonnie Brae St
1 to 2 Bedroom Apartments

1036 N Bonnie Brae St

1036 N Bonnie Brae StLos Angeles, CA 90026
  • Utilities Included
close
View Me
1511 W 4th
Studio to 1 Bedroom Apartments

1511 W 4th

1511 W 4th StLos Angeles, CA 90017
  • Utilities Included
close
View Me
Washington 722 TOD
1 to 3 Bedroom Apartments

Washington 722 TOD

722-736 E Washington BlvdLos Angeles, CA 90021
  • Utilities Included
close
View Me
553 Ceres Ave
Studio Apartments

553 Ceres Ave

553 Ceres AveLos Angeles, CA 90013

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
Showing Results 1-50, Page 1 of 2

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
Commodore Regency ApartmentsStudioStudio,1BA$1,145
Waldorf ApartmentsStudioStudio,1BA$1,150

Best Value Apartments for Rent in Downtown Los Angeles, CA

As of November 25, 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
The Walnut BuildingModern Loft UnitsStudio ,1BA$2.01
Ames Lofts1 Bed 2 Bath1BR,2BA$1.87
Rosslyn Lofts ApartmentsLoft KStudio ,1BA$1.64
720 Bartlett St2 Bedroom 1 Bath2BR,1BA$1.73
Gas Company LoftsOpen One Bedroom Loft1BR,1BA$1.75
Crystal House Apartments1 BD/ 1BA1BR,1BA$2.00
807 S Flower St1B/1B1BR,1BA$0.81
The Lorenzo1x1 - Botticelli1BR,1BA$1.78

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Los Angeles, Los Angeles, CA

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,150.

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 $11,625.

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 71 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 $120 which is $11,505 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.

decorative image for The 10 Best Affordable Neighborhoods in Los Angeles, CA article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.