
Cheap 1 Bedroom Apartments for Rent in the Historic Downtown LA Neighborhood of Los Angeles, CA from $1,530 (28 Rentals)


Alexandria Apartments

Jewelry Trades Building

Santa Fe Lofts

Total Monthly Price
8th and Grand

430 S Broadway, Unit 408

430 S Broadway, Unit 609
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Gorgeous Historical property with new interiors

Spring Arcade Building

Total Monthly Price
354 S Spring St, Unit SI FL2-ID1205

Maxfield Lofts

City Lofts

Marley Lofts

Pegasus
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

The Blackstone on 9th and Broadway

Total Monthly Price
312 W 5th St, Unit 1117

The Broadway Lofts

Chester Williams Building

Premiere Towers

Marion Hotel Apartments

Union Lofts
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.

Grand Central Market Apartments

312 W 5th St, Unit 1105

San Fernando Building Lofts

312 W 5th St

416 S Spring St

416 S Spring St

746 S Los Angeles St
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.
Historic Downtown LA, Los Angeles, CA Local Guide

How much does it cost to rent an apartment in Historic Downtown LA?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Historic Downtown LA Studio Apartments | $2,196 | $795 | $5,000 |
Historic Downtown LA 1 Bedroom Apartments | $2,558 | $1,530 | $4,630 |
| Historic Downtown LA 2 Bedroom Apartments | $3,616 | $2,250 | $8,298 |
| Historic Downtown LA 3 Bedroom Apartments | $5,175 | $2,500 | $10,000+ |
| Historic Downtown LA 4 Bedroom Apartments | $3,300 | $2,750 | $3,850 |
Explore Los Angeles
Historic Downtown LA, Los Angeles, CA Local Guide
- Nearby Los Angeles neighborhoods
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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 LifestyleHistoric Downtown La, Los Angeles, CA
Ranked #57
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Historic Downtown LA Apartments
What is a cheap apartment in Historic Downtown LA?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Historic Downtown LA is under $1,747.
What is the price of a cheap apartment in Historic Downtown LA?
The cheapest apartment in Historic Downtown LA is New Genesis Apartments which is listed at $1,530, while the average apartment in Historic Downtown LA costs $4,343.
What types of apartments are the cheapest in Historic Downtown LA?
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 19 regular apartments in Historic Downtown LA 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 Downtown LA?
Cheap apartments in Historic Downtown LA have an average cost of $145 which is $4,198 cheaper than the average rent for all rentals in Historic Downtown LA.
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

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.

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.