Cheap Apartments for Rent in the Hollywood Neighborhood of Los Angeles, CA from $500 (299 Rentals)

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

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property at 238 Serrano Ave

238 Serrano Ave

Los AngelesCA90004

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Hollywood, Los Angeles, CA Local Guide

Cheapest Available Hollywood Apartments for Rent

 

The cheapest available apartment rental in the Hollywood area of Los Angeles, CA is a Studio unit found at 1811 Tamarind Apartments priced from $899. St. Moritz Apartments LLC has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here are the most affordable Hollywood apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
1811 Tamarind Apartments0BR/0.5BAStudio,$899
St. Moritz Apartments LLCBachelor w CountertopStudio,1BA$1,095
The GershwinBachelor with KitchenetteStudio,1BA$1,225
Langdon Park at Hollywood StudiosSTUDIO MAStudio,1BA$1,232
Hildalgo ElcaStudio, 1 bathStudio,1BA$1,250
Chateau Los FelizAffordable Spacious Luxury-Style Bachelor with ...Studio,1BA$1,275
Wilton Place Apartments0BR/1.0BAStudio,1BA$1,278
7036 Hawthorn AveBachelorStudio,1BA$1,279
Val D' Kingsley LLCAffordable - Renovated Modern Bachelor — Prime ...Studio,1BA$1,295
Oxford Avenue ApartmentsStudioStudio,1BA$1,295

Best Value Apartments for Rent in Hollywood, CA

As of August 02, 2025 the best value apartment in the Hollywood area is the $1.93 price per square foot 335 N Mariposa Ave Model at 335 N Mariposa Ave, Unit #4 in the in the Wilshire Center neighborhood starting from $2,900. The second greatest value Hollywood apartment is the 2x2.5 Model at 2307 N Cahuenga Blvd starting at $2,750 with a $2.13 price per square foot in the Yucca Corridor neighborhood. Here is today’s list of the best values for Hollywood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
335 N Mariposa Ave, Unit #4335 N Mariposa Ave2BR,2BA$1.93
2307 N Cahuenga Blvd2x2.52BR,2.5BA$2.13
970 N. Serrano Ave.2 bed 1 bath2BR,1BA$1.95
608 N St Andrews Pl, Unit 8608 N St Andrews Pl1BR,1BA$2.00
5432 Harold Way1 Bedroom+Den1BR,1BA$2.05
1843 North Cherokee1 Bedroom, 1 Bath1BR,1BA$2.09
4749 ElmwoodUnit 1033BR,2BA$1.27
The LidoStudioStudio ,1BA$2.18
Chateau El Cerrito ApartmentsONE BEDROOM 1 BATH1BR,1BA$2.20
616 N HobartStudioStudio ,1BA$1.16

Quick Rent Budget Calculator

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States and customized analysis for Eastern Los Angeles, CA. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, apartment complexes for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Hollywood Neighborhood in Los Angeles, CA

Walk Score®

94 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

67 / 100

Bikeable

Some bike infrastructure

Transit Score®

65 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Hollywood Apartments

What is the Cheapest Studio apartment in Hollywood?

Currently the most affordable Cheap Studio Apartment in Hollywood is at 1811 Tamarind Apartments listed at $899.

How much is rent for a Cheap One Bedroom Hollywood Apartment?

The lowest price for a Cheap One Bedroom Hollywood Apartment is $1,550 at Ardmore Apartments.

What is the lowest price for a Cheap Two Bedroom Hollywood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hollywood is starting from $1,800 at NASA Living LLC.

What is the most affordable Hollywood Three Bedroom Apartment?

The best deal on a cheap Hollywood Three Bedroom Apartment rental is at 111 N Normandie Ave and starts from $3,095.

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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.