Cheap Homes for Rent in Downtown Los Angeles Neighborhood of Los Angeles, CA from $500 (58 Rentals)

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

property at 250 Loma Dr

250 Loma Dr

Los AngelesCA90026
property at 744 Beacon Ave

744 Beacon Ave

Los AngelesCA90017
property at 430 S Broadway

430 S Broadway

Los AngelesCA90013
property at 312 W 5th St

312 W 5th St

Los AngelesCA90013
property at 312 W 5th St

312 W 5th St

Los AngelesCA90013
property at 312 W 5th St

312 W 5th St

Los AngelesCA90013
property at 267 San Pedro St

267 San Pedro St

Los AngelesCA90012
property at 315 W 5th St

315 W 5th St

Los AngelesCA90013
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
Waldorf ApartmentsStudioStudio,1BA$1,150
San Lucas Apartments Age 62+StudioStudio,1BA$1,150

Best Value Apartments for Rent in Downtown Los Angeles, CA

As of November 14, 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
Ames Lofts1 Bed 2 Bath1BR,2BA$1.87
720 Bartlett St2 Bedroom 1 Bath2BR,1BA$1.73
Rosslyn Lofts ApartmentsLoft GStudio ,1BA$1.88
Crystal House Apartments1 BD/ 1BA1BR,1BA$2.00
2421 Hunter St, Unit 12421 Hunter St1BR,1BA$2.00
2425 Hunter St, Unit 24252425 Hunter St1BR,1BA$1.76
807 S Flower St1B/1B1BR,1BA$0.81
The Lorenzo1x1 - Botticelli1BR,1BA$1.78

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Pet Friendly Lifestyle
Downtown Los Angeles, Los Angeles, CA

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 1766 Apartments for Rent in Downtown Los Angeles, CA with pricing that ranges from $645 to $43,550. There are also 224 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Los Angeles ranging from $599 to $20,500.

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 $20,500 with an average monthly rent of $3,770.

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 $599 to $9,999. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $2,750.

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.