
Cheap Apartments for Rent in the Downtown Los Angeles Neighborhood of Los Angeles, CA from $300 (100 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Los Angeles area of Los Angeles.


Total Monthly Price
647 18th St

933 Grattan St

116 Witmer St

New Genesis Apartments

Westlake Terrace

116 N Lake St

1901 W 6th St

Alexandria Apartments

505 S Bonnie Brae St
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.

729 S. Union Ave.

729 S Union Ave

Adams Hill Lofts

Commodore Regency Apartments

430 Union Avenue

526 S Union Avenue

Broadway Flats

Waldorf Apartments

1331 Albany St

341 S Alvarado St
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.

The President Apartments

Landmark Towers

Total Monthly Price
Wicklow Common

1026 Ingraham St

1346 4th St

1416 W Olympic Blvd

457 Witmer St

8th St

Total Monthly Price
Promenade Towers

722 S Alvarado St
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.

1330 W 11th St

1330 W 11th St

913 Grattan St

Total Monthly Price
The Flat

403 S Alvarado St

Loma Hill

City View Apartments

Coral

463 South Hartford Ave.

1019 Albany St
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.

Marion Hotel Apartments

King Edward

Ballington Plaza

1036 N Bonnie Brae St

1511 W 4th

Washington 722 TOD

553 Ceres Ave

631 S Bonnie Brae St

Bristol Apartments

1723 James M Wood Blvd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Downtown Los Angeles, Los Angeles, CA Local Guide

How much does it cost to rent an apartment in Downtown Los Angeles?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Los Angeles Studio Apartments | $2,313 | $695 | $10,000+ |
| Downtown Los Angeles 1 Bedroom Apartments | $2,852 | $645 | $6,131 |
| Downtown Los Angeles 2 Bedroom Apartments | $3,950 | $1,925 | $10,000+ |
| Downtown Los Angeles 3 Bedroom Apartments | $7,736 | $2,499 | $10,000+ |
| Downtown Los Angeles 4 Bedroom Apartments | $18,311 | $2,800 | $10,000+ |
| Downtown Los Angeles 5 Bedroom Apartments | $14,465 | $3,900 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 100 rentals with your search options within a 2 mile radius of the Downtown Los Angeles Neighborhood of Los Angeles, CA.
See all Apartments in Los AngelesExplore Los Angeles
Downtown Los Angeles, Los Angeles, CA Local Guide
- Nearby Los Angeles neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 807 S Flower St | 1B/1B | 1BR,1BA | $645 |
| 647 18th St | Studio Shared Bathrooms | Studio,6BA | $695 |
| New Genesis Apartments | Studio | Studio,1BA | $795 |
| Huntington Apartments | Bachelor Studio | Studio,1BA | $800 |
| Westlake Terrace | 0BR/1.0BA | Studio,1BA | $845 |
| Alexandria Apartments | Alexandria Apartments 35% | Studio,1BA | $927 |
| 729 S. Union Ave. | Great Studio apartment home for rent near Downt... | Studio,1BA | $995 |
| Adams Hill Lofts | Bachelor w/Kitchenette | Studio,1BA | $1,053 |
| Commodore Regency Apartments | Studio | Studio,1BA | $1,095 |
| 430 Union Avenue | 0+1 | Studio,1BA | $1,099 |
Best Value Apartments for Rent in Downtown Los Angeles, CA
As of March 24, 2026 the best value apartment in the Downtown Los Angeles area is the $1.20 price per square foot 621 S Broadway Model at 621 S Broadway, Unit 3 in the in the City West neighborhood starting from $2,650. The second greatest value Downtown Los Angeles apartment is the Modern Loft Units Model at The Walnut Building starting at $3,500 with a $2.01 price per square foot in the Downtown Los Angeles neighborhood. Here is today’s list of the best values for Downtown Los Angeles apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 621 S Broadway, Unit 3 | 621 S Broadway | 2BR,1BA | $1.20 |
| The Walnut Building | Modern Loft Units | Studio ,1BA | $2.01 |
| Tailor Lofts | 4 bedroom / 2 bath Plans M-O | 4BR,2BA | $2.06 |
| 1285 Vin Scully Ave, Unit 5 | 1285 Vin Scully Ave | 2BR,2BA | $2.00 |
| The Continental Building | 1BR/1.0BA | 1BR,1BA | $2.07 |
| Randolph Lofts | 1 Bedroom 1.5 Bath | 1BR,1.5BA | $1.87 |
| 2421 Hunter St, Unit 2 | 2421 Hunter St | 1BR,1BA | $2.00 |
| 807 S Flower St | 1B/1B | 1BR,1BA | $0.81 |
| Lakeview Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.99 |
| The Lorenzo Student Housing | 1x1 - Botticelli | 1BR,1BA | $1.82 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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 ArticleDon'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 ArticleThe 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 ArticleCash 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 ArticleA 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 ArticleQuick 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.
Pet Friendly LifestyleDowntown Los Angeles, Los Angeles, CA
Ranked #13
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,099.
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 $24,007.
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 59 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 $112 which is $23,895 cheaper than the average rent for all rentals in Downtown Los Angeles.
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.
Helpful Local Expert Guides

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.

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Written by: Rachel Presser
When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

More Than Just Hollywood: A Local Experts Deep Dive into LA Living
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

The LA Price Check: Separating Cost of Living Myth from Reality
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.