Cheap Apartments for Rent in the Historic Core Neighborhood of Los Angeles, CA from $300 (98 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Promenade Towers
Rent Specials
$1,469 - $3,078
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$1,469 - $3,078
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Studio to 2 Bedroom Apartments Available Now

Promenade Towers

123 S Figueroa StLos Angeles, CA 90012
Corporate Housing
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  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Museum Tower
Rent Specials
$1,621 - $8,298
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$1,621 - $8,298
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Studio to 3 Bedroom Apartments Available Now

Museum Tower

225 S Olive StLos Angeles, CA 90012
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  • Utilities Included
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La Plaza Village
Rent Specials
$1,674 - $4,852
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$1,674 - $4,852
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Studio to 3 Bedroom Apartments Available Now

La Plaza Village

555 N Spring StLos Angeles, CA 90012
Corporate Housing
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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255 Grand
Rent Specials
$1,714 - $3,584
Total Monthly Price

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$1,714 - $3,584
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Studio to 2 Bedroom Apartments Available Now

255 Grand

255 S Grand AveLos Angeles, CA 90012
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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.

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LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area

Get more breathing room without compromising proximity to LA. Our Los Angeles local expert breaks down the best neighboring cities for renting more affordable apartments with easier commutes.

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Historic Core, Los Angeles, CA Local Guide

Cheapest Available Historic Core Apartments for Rent

 

The cheapest available apartment rental in the Historic Core area of Los Angeles, CA is a 1 Bed unit found at 807 S Flower St priced from $645. New Genesis Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Historic Core apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
807 S Flower St1B/1B1BR,1BA$645
New Genesis ApartmentsStudioStudio,1BA$795
Huntington ApartmentsBachelor StudioStudio,1BA$800
Alexandria ApartmentsAlexandria Apartments 35%Studio,1BA$927
Villa MetropolitanoStudioStudio,1BA$1,031
Broadway FlatsStudioStudio,1BA$1,119
MMR - 1433 MiramarStudioStudio,1BA$1,295
463 South Hartford Ave.StudioStudio,1BA$1,295
457 Witmer StSinglesStudio,1BA$1,307
City View ApartmentsSt-MStudio,1BA$1,425

Best Value Apartments for Rent in Historic Core, CA

As of May 24, 2026 the best value apartment in the Historic Core area is the $1.20 price per square foot 621 S Broadway Model at 621 S Broadway, Unit 3 in the in the City West neighborhood starting from $2,650. The second greatest value Historic Core 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 Historic Core apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
621 S Broadway, Unit 3621 S Broadway2BR,1BA$1.20
Spring Tower Lofts2 Beds 1 Bath2BR,1BA$1.90
RiverFront live - Work Lofts1 Bedroom, 1 Bath Loft Style1BR,1BA$1.81
The Walnut BuildingModern Loft UnitsStudio ,1BA$2.01
Tailor Lofts4 bedroom / 2 bath Plans M-O4BR,2BA$2.06
725-729 S Spring StLoftsStudio ,1BA$1.66
720 Bartlett St2 Bedroom 1 Bath2BR,1BA$1.77
Gas Company LoftsStudio LoftStudio ,1BA$1.89
807 S Flower St1B/1B1BR,1BA$0.81
Villa MetropolitanoStudioStudio ,1BA$2.06

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.

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A 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

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Real 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.

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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.

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across California including Historic Core, Los Angeles, and the greater Los Angeles area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Historic Core Apartments

What is a cheap apartment in Historic Core?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Historic Core is under $1,425.

What is the price of a cheap apartment in Historic Core?

The cheapest apartment in Historic Core is 807 S Flower St which is listed at $645, while the average apartment in Historic Core costs $15,911.

What types of apartments are the cheapest in Historic Core?

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 61 regular apartments in Historic Core 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 Historic Core?

Cheap apartments in Historic Core have an average cost of $149 which is $15,762 cheaper than the average rent for all rentals in Historic Core.

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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