Cheap Apartments for Rent in the Hollywood Neighborhood of Los Angeles, CA from $500 (338 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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1960 Argyle Ave
$1,490 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,490 - $1,500
Total Monthly Price
$1,490 - $1,500
Studio Apartment Available Now

1960 Argyle Ave

1960 Argyle AveLos Angeles, CA 90068
Affordability
  • Smoke Free
property at 1810 N Bronson Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

Studio, 1 Bath Home for Rent

Available Now

1810 N Bronson Ave

Los AngelesCA90028

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property at 5740 Franklin Ave

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525
Total Monthly Price
$1,525

Studio, 1 Bath Home for Rent

Available Now

5740 Franklin Ave

Los AngelesCA90028

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Showing Results 1-50, Page 1 of 7

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 1 Bed unit found at 7050 Hawthorn – Apartments & Co-Living priced from $678. Langdon Park at Hollywood Studios has the second lowest priced unit, which is a Studio apartment currently listed from $1,097. Here are the most affordable Hollywood apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
7050 Hawthorn – Apartments & Co-LivingD21BR,1BA$678
Langdon Park at Hollywood StudiosSTUDIO SAStudio,1BA$1,097
St. Moritz ApartmentsBachelor w CountertopStudio,1BA$1,195
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (A)1BR,1BA$1,213
Chateau Los FelizStudioStudio,1BA$1,246
Hildalgo ElcaStudio, 1 bathStudio,1BA$1,250
Hollywood Melrose ApartmentsBachelor StudioStudio,1BA$1,275
1645 N. Harvard Blvd.,0x1Studio,1BA$1,295
Tower LoftsSINGLEStudio,1BA$1,296

Best Value Apartments for Rent in Hollywood, CA

As of March 09, 2026 the best value apartment in the Hollywood area is the $0.23 price per square foot 1301 N Kingsley Dr Model at 1301 N Kingsley Dr, Unit 1 in the in the Virgil Village neighborhood starting from $700. The second greatest value Hollywood apartment is the Private Room in Shared 6 Bed 5 Bath (A) Model at Beverly by Category starting at $1,213 with a $0.66 price per square foot in the Wilshire Center 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.
1301 N Kingsley Dr, Unit 11301 N Kingsley Dr3BR,3BA$0.23
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (A)1BR,1BA$0.66
5915 Lexington Ave, Unit 05915 Lexington Ave1BR,1BA$1.67
335 N Mariposa Ave, Unit #4335 N Mariposa Ave2BR,2BA$1.83
Rodeo ApartmentsTwo Bedroom Two Bath2BR,2BA$1.70
616 North Sweetzer Avenue1BR/1.5BA1BR,1.5BA$2.00
Palms View ApartmentsTwo Bedroom Two Bathroom2BR,2BA$2.05
Cherokee Courtyard Apartments1 Bed /1 Bath1BR,1BA$2.06
2039 North Las Palmas Ave1BR/1.0BA1BR,1BA$1.78
616 N HobartStudioStudio ,1BA$1.16

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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

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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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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 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!

Frequently Asked Questions about Cheap Hollywood Apartments

What is a cheap apartment in Hollywood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hollywood is under $1,296.

What is the price of a cheap apartment in Hollywood?

The cheapest apartment in Hollywood is 7050 Hawthorn – Apartments & Co-Living which is listed at $678, while the average apartment in Hollywood costs $4,995.

What types of apartments are the cheapest in Hollywood?

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 97 regular apartments in Hollywood 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 Hollywood?

Cheap apartments in Hollywood have an average cost of $783 which is $4,212 cheaper than the average rent for all rentals in Hollywood.

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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