
Cheap Homes for Rent in the Downtown Los Angeles Neighborhood of Los Angeles, CA from $500 (34 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Los Angeles area of Los Angeles.


1105 E 18th St, Unit 1

232 E 27th St

409 S Union Ave, Unit 409 3/4

4
744 Beacon Ave, Unit 604
744 Beacon Ave, Unit 204
744 Beacon Ave, Unit 205
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1911 W 2nd St, Unit 26

1032 Albany St, Unit 14
744 Beacon Ave, Unit 504
744 Beacon Ave, Unit 412
744 Beacon Ave, Unit 605
744 Beacon Ave, Unit 305
744 Beacon Ave, Unit 411
744 Beacon Ave, Unit 516
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743 S Burlington Ave
744 Beacon Ave, Unit 513

743 S Burlington Ave

805 E 21st St

734 Valencia St, Unit 205

1911 W 2nd St, Unit 24

315 N Coronado St

357 S Alvarado St, Unit 109
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1278 Lilac Pl

323 N Rampart Blvd, Unit 7

312 W 5th St, Unit 521

430 S Broadway, Unit 207

326 S Westlake Ave, Unit 201

1267 Vin Scully Ave
744 Beacon Ave, Unit 418

1488 W Sunset Blvd, Unit 1486
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312 W 5th St, Unit 826

312 W 5th St, Unit 926
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 | $3,580 | $2,000 | $10,000+ |
| Downtown Los Angeles 3 Bedroom Homes for Rent | $4,665 | $599 | $10,000+ |
| Downtown Los Angeles 4 Bedroom Homes for Rent | $5,883 | $4,195 | $8,000 |
Browse Homes for Rent in this Neighborhood
There are currently 34 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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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. Huntington Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. 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 |
| Huntington Apartments | Bachelor Studio | Studio,1BA | $800 |
| Alexandria Apartments | Alexandria Apartments 30% | Studio,1BA | $874 |
| The Charleston Apartments | 0 Bed/1 Bath B | Studio,1BA | $995 |
| Villa Metropolitano | Studio | Studio,1BA | $1,031 |
| Hope Manor | Studio | Studio,1BA | $1,084 |
| 409 S Union Ave | 0 Beds, 1 Baths | Studio,1BA | $1,089 |
| Adams Hill Lofts | Bachelor w/Kitchenette | Studio,1BA | $1,125 |
| Broadway Flats | Studio | Studio,1BA | $1,135 |
| Landmark Towers | Efficiency Unit | Studio,1BA | $1,145 |
Best Value Apartments for Rent in Downtown Los Angeles, CA
As of August 07, 2026 the best value apartment in the Downtown Los Angeles area is the $1.77 price per square foot 420 S San Pedro St Model at 420 S San Pedro St, Unit 103 in the in the City West neighborhood starting from $3,600. The second greatest value Downtown Los Angeles apartment is the 2 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 420 S San Pedro St, Unit 103 | 420 S San Pedro St | 1BR,1BA | $1.77 |
| Spring Tower Lofts | 2 Beds 1 Bath | 2BR,1BA | $1.90 |
| The Walnut Building | Modern Loft Units | Studio ,1BA | $2.01 |
| The Lofts at the Security Building Apartments | 01L3 | Studio ,1BA | $1.36 |
| 725-729 S Spring St | Lofts | Studio ,1BA | $1.66 |
| 1725 W. 6th St | Lofts Bigger | Studio ,1BA | $1.80 |
| 720 Bartlett St | 2 Bedroom 1 Bath | 2BR,1BA | $1.77 |
| Crystal House Apartments | 1 BD/ 1BA | 1BR,1BA | $2.00 |
| 807 S Flower St | 1B/1B | 1BR,1BA | $0.81 |
| The Lorenzo Student Housing | 1x1 - Botticelli | 1BR,1BA | $1.82 |
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 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 #12
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
Frequently Asked Questions about Downtown Los Angeles
What type of rentals are currently available in Downtown Los Angeles?
There are currently 1798 Apartments for Rent in Downtown Los Angeles, CA with pricing that ranges from $600 to $43,550. There are also 157 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Los Angeles ranging from $599 to $11,000.
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 $599 to $11,000 with an average monthly rent of $3,129.
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 $599 to $10,450. Four Bedroom Single-Family rentals are also available starting from $4,195 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
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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.

More Than Just Hollywood: A Local Expert's Deep Dive into LA Living
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.