Cheap Apartments for Rent in the Hollywood Neighborhood of Los Angeles, CA from $500 (320 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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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. Alexandria Court Apartments 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
Alexandria Court ApartmentsBachelor w/o KitchenetteStudio,1BA$1,095
St. Moritz Apartments LLCBachelor w CountertopStudio,1BA$1,095
Sunset Wilcox Building0BR/1.0BAStudio,1BA$1,100
4749 ElmwoodUnit PH43BR,2BA$1,150
Langdon Park at Hollywood StudiosSTUDIO MAStudio,1BA$1,232
Chateau Los FelizBachelorStudio,1BA$1,237
Hildalgo ElcaStudio, 1 bathStudio,1BA$1,250
Val D' Kingsley LLCBACHELORStudio,1BA$1,279
7036 Hawthorn AveBachelorStudio,1BA$1,279

Best Value Apartments for Rent in Hollywood, CA

As of June 18, 2025 the best value apartment in the Hollywood area is the $1.49 price per square foot 737 N Harvard Blvd Model at 737 N Harvard Blvd, Unit 737 in the in the Wilshire Center neighborhood starting from $3,000. The second greatest value Hollywood apartment is the 2BR/2.0BA Model at 1865 North Fuller Ave starting at $2,998 with a $1.93 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.
737 N Harvard Blvd, Unit 737737 N Harvard Blvd2BR,2BA$1.49
1865 North Fuller Ave2BR/2.0BA2BR,2BA$1.93
335 N Mariposa Ave, Unit #4335 N Mariposa Ave2BR,2BA$2.00
Rodeo ApartmentsTwo Bedroom Two Bath2BR,2BA$1.79
226 South Serrano2BR/2.0BA2BR,2BA$1.91
1133 N Ardmore Ave, Unit 31133 N Ardmore Ave2BR,2BA$2.09
1843 North Cherokee1 Bedroom, 1 Bath1BR,1BA$2.09
4749 ElmwoodUnit 1033BR,2BA$1.36
245 South Serrano Ave1BR/1.0BA1BR,1BA$2.12
616 N HobartStudioStudio ,1BA$1.16

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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 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 $1,279.

What is the price of a cheap apartment in Hollywood?

The cheapest apartment in Hollywood is Ardmore Apartments which is listed at $1,550, while the average apartment in Hollywood costs $9,985.

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 47 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 $1,266 which is $8,719 cheaper than the average rent for all rentals in Hollywood.

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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.