Cheap Homes for Rent in Downtown Los Angeles Neighborhood of Los Angeles, CA from $600 (31 Rentals)

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

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 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.

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.

property at 315 W 5th St

315 W 5th St

Los AngelesCA90013
property at 312 W 5th St

312 W 5th St

Los AngelesCA90013

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 460 S Spring St

460 S Spring St

Los AngelesCA90013
property at 100 S Alameda St

100 S Alameda St

Los AngelesCA90012
property at 125 4th St

125 4th St

Los AngelesCA90013

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. Beautiful Dormitory Style Housing Available has the second lowest priced unit, which is a Studio apartment currently listed from $750. 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
Beautiful Dormitory Style Housing Available0BR/1.0BAStudio,1BA$750
Hotel AlexandriaAlexandria Apartments 35%Studio,1BA$849
647 18th StStudio Private BathStudio,1BA$849
1723 James M Wood BlvdStudioStudio,1BA$950
Wicklow CommonStudio1BR,1BA$1,000
Adams Hill Lofts LLCBachelor w/KitchenetteStudio,1BA$1,053
Westland @ ReginaStudioStudio,1BA$1,175

Best Value Apartments for Rent in Downtown Los Angeles, CA

As of June 18, 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
The Mercantile Lofts1 Bedroom Loft - Plan 31BR,1BA$1.84
a8132BR/2.0BA2BR,2BA$1.81
City LoftsStudioStudio ,1BA$1.95
HB0BR/1.0BAStudio ,1BA$2.13
Lakeview Apartments1 bedroom 1 bath1BR,1BA$1.99
807 S Flower St1B/1B1BR,1BA$0.81
Wicklow CommonStudioStudio ,1BA$1.74

Quick Rent Budget Calculator

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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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Frequently Asked Questions about Downtown Los Angeles

What type of rentals are currently available in Downtown Los Angeles?

There are currently 1752 Apartments for Rent in Downtown Los Angeles, CA with pricing that ranges from $645 to $43,550. There are also 161 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Los Angeles ranging from $649 to $24,000.

What is the current price range for Rental Homes in Downtown Los Angeles?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Los Angeles ranges from $649 to $24,000 with an average monthly rent of $6,609.

How much are larger Three and Four Bedroom Rentals in Downtown Los Angeles?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Los Angeles range from $2,699 to $43,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,500 to $15,500. Four Bedroom Single-Family rentals are also available starting from $3,599 and Four Bedroom Apartments start at $3,500.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.