
Cheap Homes for Rent in the Downtown Los Angeles Neighborhood of Los Angeles, CA from $1,190 (58 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Los Angeles area of Los Angeles.


933 Grattan St, Unit 107

692 Valencia St, Unit 205
744 Beacon Ave, Unit 604
744 Beacon Ave, Unit 204

17
744 Beacon Ave, Unit 305
744 Beacon Ave, Unit 605
744 Beacon Ave, Unit 412
744 Beacon Ave, Unit 504
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744 Beacon Ave, Unit 411
744 Beacon Ave, Unit 516

749 Columbia Ave, Unit 205
744 Beacon Ave, Unit 513

1911 W 2nd St, Unit 24

734 Valencia St, Unit 205

420 N Coronado St, Unit 102

328 Columbia Ave, Unit 204

430 S Broadway, Unit 401

317 N Coronado St
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315 N Coronado St

1267 Vin Scully Ave

357 S Alvarado St, Unit 109

318 Columbia Ave

312 W 5th St, Unit 521

406

430 S Broadway, Unit 207

412 Coronado Ter, Unit #307

430 S Broadway, Unit 501

460 S Spring St, Unit 206
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744 Beacon Ave, Unit 418

430 S Broadway, Unit 203

1488 W Sunset Blvd, Unit 1486

312 W 5th St, Unit 826

312 W 5th St, Unit 926

312 W 5th St, Unit 609

419 N Coronado St

230 Columbia Pl, Unit downstairs

972 Marview Ave, Unit 0

2508 London St
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161 S Burlington Ave, Unit 7

746 S Los Angeles St

430 S Broadway, Unit 205

312 W 5th St, Unit 1105

416 S Spring St

Total Monthly Price
810 S Spring St, Unit SI FL2-ID1424

1331 W 7th St, Unit 312

Total Monthly Price
200 Mesnager St, Unit GO FL6-ID1239

Total Monthly Price
200 Mesnager St, Unit SI FL7-ID1235

1331 W 7th St, Unit 404
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Downtown Los Angeles, Los Angeles, CA Local Guide

How much does it cost to rent a home in Downtown Los Angeles?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Los Angeles 2 Bedroom Homes for Rent | $4,504 | $2,400 | $10,000+ |
| Downtown Los Angeles 3 Bedroom Homes for Rent | $5,838 | $3,295 | $10,000+ |
| Downtown Los Angeles 4 Bedroom Homes for Rent | $5,268 | $4,000 | $7,495 |
Browse Homes for Rent in this Neighborhood
There are currently 58 rentals with your search options within a 2 mile radius of the Downtown Los Angeles Neighborhood of Los Angeles, CA.
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Downtown Los Angeles, Los Angeles, CA Local Guide
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Best Value Homes for Rent in Downtown Los Angeles, CA
As of September 22, 2026 the best value rental home in the Downtown Los Angeles area is the $1.71 price per square foot 312 W 5th St Model at 312 W 5th St, Unit 1204 in the City West neighborhood starting from $6,500. The second greatest value Downtown Los Angeles rental home is the 312 W 5th St Model at 312 W 5th St, Unit 1203 in the City West neighborhood starting at $4,500 with a $2.05 price per square foot. Here is today’s list of the best values for Downtown Los Angeles homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 312 W 5th St, Unit 1204 | 312 W 5th St | 3BR, 3BA | $1.71 |
| 312 W 5th St, Unit 1203 | 312 W 5th St | 3BR, 2BA | $2.05 |
| 312 W 5th St, Unit 1205 | 312 W 5th St | 3BR, 2BA | $2.82 |
| 253 S Broadway | 253 S Broadway | 1BR, 1BA | $2.20 |
| 312 W 5th St, Unit 518 | 312 W 5th St | 2BR, 1BA | $2.19 |
| 130 S Hewitt St, Unit #25 | 130 S Hewitt St | Studio, 2BA | $2.75 |
| 312 W 5th St, Unit 701 | 312 W 5th St | 2BR, 1BA | $2.45 |
| 312 W 5th St, Unit 202 | 312 W 5th St | 1BR, 1BA | $2.41 |
| 312 W 5th St, Unit 1105 | 312 W 5th St | 1BR, 1BA | $2.86 |
| 312 W 5th St, Unit 609 | 312 W 5th St | Studio, 1BA | $2.91 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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 ArticleReal 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.
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
John H. Liechty Middle School
School data provided by Great Schools
Frequently Asked Questions about Downtown Los Angeles
What type of rentals are currently available in Downtown Los Angeles?
There are currently 1782 Apartments for Rent in Downtown Los Angeles, CA with pricing that ranges from $645 to $43,550. There are also 146 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Los Angeles ranging from $1,190 to $14,999.
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 $1,190 to $14,999 with an average monthly rent of $3,596.
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 $1,531 to $43,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,295 to $12,500. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $1,639.
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

LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

Los Angeles Essential Guide: Finding Rentals Near LAs Biggest Job Hubs
Written by: Rachel Presser
Los Angeles is best known as an industry town.

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.

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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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.