Cheap Apartments for Rent in the Hancock Park Neighborhood of Los Angeles, CA from $900 (164 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hancock Park area of Los Angeles.

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The LC
$1,981 - $3,754
Total Monthly Price

Total Monthly Price

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$1,981 - $3,754
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

The LC

710 N El Centro AveLos Angeles, CA 90038
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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Desmond at Wilshire
Rent Specials
$2,698 - $5,458
Total Monthly Price

Total Monthly Price

Base Rent
$2,698 - $5,458
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Desmond at Wilshire

5520 Wilshire BlvdLos Angeles, CA 90036
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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Cheapest Available Hancock Park Apartments for Rent

 

The cheapest available apartment rental in the Hancock Park area of Los Angeles, CA is a 1 Bed unit found at Melrose by Category priced from $1,206. 216 S Orange Dr. has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,350. Here are the most affordable Hancock Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Melrose by Category6 Bed 5 Bath - A1BR,1BA$1,206
216 S Orange Dr.Shared 4 bed / 3 bath4BR,3BA$1,350
Mansfield ApartmentsSTUDIOStudio,1BA$1,500
636 S BurnsideStudioStudio,1BA$1,595
Vivian ApartmentsStudioStudio,1BA$1,695
5912 Willoughby AveStudioStudio,1BA$1,695
827 N Hudson AvestudioStudio,1BA$1,699
615 S Cochran AveStudioStudio,1BA$1,750
Royal Terrace Apartments1BR/1.0BA1BR,1BA$1,948

Best Value Apartments for Rent in Hancock Park, CA

As of April 30, 2026 the best value apartment in the Hancock Park area is the $0.62 price per square foot Private Bedroom in 6 Bed 4 Bath - B Model at Melrose by Category in the in the Mid Wilshire neighborhood starting from $1,307. The second greatest value Hancock Park apartment is the Shared 4 bed / 3 bath Model at 216 S Orange Dr. starting at $1,350 with a $0.69 price per square foot in the Mid Wilshire neighborhood. Here is today’s list of the best values for Hancock Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Melrose by CategoryPrivate Bedroom in 6 Bed 4 Bath - B1BR,1BA$0.62
216 S Orange Dr.Shared 4 bed / 3 bath4BR,3BA$0.69
Wilcox Melrose by WisemanThree-Bedroom Three-Bathroom - B3BR,3BA$2.58
325 S Detroit St2 Bed/1 Bath2BR,1BA$2.41
Perinos Luxury Apartments2 Beds, 2 baths2BR,2BA$2.21
Wilcox Luxury Apartments2 Bedroom2BR,2BA$2.42
345 Cloverdale2x22BR,2BA$2.51
731 S Detroit St2 Bed 2 Bath2BR,2BA$2.80
Hancock VillaTwo Bedroom2BR,2BA$2.60
Royal Terrace Apartments1BR/1.0BA1BR,1BA$2.29

Frequently Asked Questions about Cheap Hancock Park Apartments

What is a cheap apartment in Hancock Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hancock Park is under $1,948.

What is the price of a cheap apartment in Hancock Park?

The cheapest apartment in Hancock Park is Melrose by Category which is listed at $1,206, while the average apartment in Hancock Park costs $4,485.

What types of apartments are the cheapest in Hancock Park?

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 4 regular apartments in Hancock Park 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 Hancock Park?

Cheap apartments in Hancock Park have an average cost of $2,832 which is $1,653 cheaper than the average rent for all rentals in Hancock Park.

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.

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