
Cheap Homes for Rent in Los Angeles, CA from $500 (516 Rentals)
Search the lowest-cost Homes available for rent right now in Los Angeles.


1105 E 18th St, Unit 1

232 E 27th St, Unit 000

5306 Cimarron St

9618 Evers Ave

8827 Darby Ave

18140 Nordhoff St

1615 2nd Ave, Unit 000

4511 Rosewood Ave, Unit 000

1447 E 25th St, Unit 1
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1819 Arapahoe St, Unit 1

1449 E 25th St

526 W 49th St

1438 W 28th St

2220 Gale Ave

1105 W 18th St, Unit 1

1339 S Sycamore Ave

866 N Edgemont St, Unit 866

866 N Edgemont St, Unit 866

231 W 5th St
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.

10331 Lindley Ave

15725 S Frailey Ave

10951 Laurel Canyon Blvd

1424 W 37th Dr

2826 Darwin Ave, Unit C

1327 W 37th Pl

640 Elm

1628 W 24th St

2626 S Budlong Ave, Unit 2626 S Budlong Ave

1420 S Bonnie Brae St, Unit 4
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.

636 E 121st Pl

9745 Reseda Blvd

8747 Canby Ave

2731 Beverly Blvd, Unit 411

20620 Kenwood Ave

4279 Walton Avenue

15635 Vandorf Pl

14560 Foothill Blvd

1302 Helen Dr, Unit 1308

19709 Gresham St
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.

2417 S Budlong Ave

5849 Sunset Blvd, Unit 214

5849 Sunset Blvd, Unit 210

5849 Sunset Blvd, Unit 117

5849 Sunset Blvd, Unit 105

5849 Sunset Blvd, Unit 101

5849 Sunset Blvd, Unit 102

5849 Sunset Blvd, Unit 104

5849 Sunset Blvd, Unit 111

1839 W 12th St, Unit 304
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.
Los Angeles, CA Local Guide

How much does it cost to rent a home in Los Angeles?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Los Angeles 2 Bedroom Homes for Rent | $4,296 | $1,250 | $10,000+ |
| Los Angeles 3 Bedroom Homes for Rent | $6,765 | $795 | $10,000+ |
| Los Angeles 4 Bedroom Homes for Rent | $12,123 | $725 | $10,000+ |
| Los Angeles 5 Bedroom Homes for Rent | $18,972 | $1,050 | $10,000+ |
| Los Angeles 6 Bedroom Homes for Rent | $33,329 | $1,100 | $10,000+ |
| Los Angeles 7 Bedroom Homes for Rent | $37,892 | $4,399 | $10,000+ |
Browse Top Homes for Rent in Los Angeles
Explore Los Angeles
Los Angeles, CA Local Guide
- Los Angeles Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Los Angeles, CA
Pricing Updated: 07/18/2026Current apartment rentals in the Los Angeles, CA area range in price from $601 to $179,000 with an overall median price of $5,157. The three Los Angeles neighborhoods with the lowest median rent pricing are San Fernando Gardens at $1,595, Flair Business District at $1,695, and Watson Junction at $1,450. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Los Angeles Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| San Fernando Gardens | $1,595 | $1,595 | 1 |
| Flair Business District | $1,695 | $1,695 | 1 |
| Watson Junction | $1,725 | $1,450 | 1 |
| University Heights | $1,900 | $1,900 | 1 |
| Riverside Rancho | $1,950 | $1,895 | 3 |
| Five Points | $1,995 | $1,175 | 3 |
| Bassett | $2,055 | $1,955 | 4 |
| El Dorado | $2,195 | $1,895 | 4 |
| Leffingwell | $2,195 | $1,590 | 7 |
| Gold Hills | $2,250 | $1,895 | 7 |
Cheapest Available Los Angeles Apartments for Rent
 The cheapest available apartment rental in Los Angeles, CA is a 1 Bed unit found at Roya in the Wilshire neighborhood priced from $631. 636 Linden Ave in the Downtown Long Beach neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here is today’s list of the most affordable Los Angeles apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Roya | 1 Bed 1 Bath - 631sqft | 1BR,1BA | $631 |
| 636 Linden Ave | Studio | Studio,1BA | $635 |
| 807 S Flower St | 1B/1B | 1BR,1BA | $645 |
| 647 18th St | Studio Shared Bathrooms | Studio,6BA | $695 |
| 2765 Francis Ave | Shared | Studio,1BA | $699 |
| 6669 De Longpre Ave | Studio | Studio,1BA | $795 |
| Huntington Apartments | Bachelor Studio | Studio,1BA | $800 |
| The Sinclair LA | Model D | Studio,1BA | $832 |
Best Value Apartments for Rent in Los Angeles, CA
As of July 18, 2026 the best value apartment in the Los Angeles area is the $0.35 price per square foot 1119 E 12th St Model at 1119 E 12th St, Unit 1119 E. 12th Street in the in the Downtown Long Beach neighborhood starting from $2,150. The second greatest value Los Angeles apartment is the 1301 N Kingsley Dr Model at 1301 N Kingsley Dr, Unit 1 starting at $700 with a $0.23 price per square foot in the Virgil Village neighborhood. Here is today’s list of the best values for Los Angeles apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1119 E 12th St, Unit 1119 E. 12th Street | 1119 E 12th St | 2BR,1BA | $0.35 |
| 1301 N Kingsley Dr, Unit 1 | 1301 N Kingsley Dr | 3BR,3BA | $0.23 |
| 216 S Orange Dr | Shared 4 bed / 3 bath | 4BR,3BA | $0.67 |
| 10720 Hortense St | 10720 Hortense St | 1BR,1BA | $0.79 |
| Wilton by Category | 202 302 402 502 Private Bedroom 5 Bed 3 Bath B | 1BR,1BA | $0.66 |
| Centinela by Category | Private Bedroom in Shared 5 Bed 3 Bath - A | 1BR,1BA | $0.79 |
| 225 W 5th St | 225 W 5th St | 3BR,2BA | $0.86 |
| 433 Midvale - Student Housing at UCLA | Floor Plan 33a (Shared Room) | 7BR,3BA | $0.77 |
| West 27th Place | D1B | 4BR,2BA | $0.75 |
| 807 S Flower St | 1B/1B | 1BR,1BA | $0.81 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Los Angeles, CA Rentals by Map
See the most popular apartments and homes in Los Angeles, CA
Frequently Asked Questions about Los Angeles
What type of rentals are currently available in Los Angeles?
There are currently 66186 Apartments for Rent in Los Angeles, CA with pricing that ranges from $601 to $179,000. There are also 6299 Single Family Homes for rent, Condos, and Townhome rentals currently available in Los Angeles ranging from $650 to $100,000.
What is the current price range for Rental Homes in Los Angeles?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Los Angeles ranges from $650 to $100,000 with an average monthly rent of $20,080.
How much are larger Three and Four Bedroom Rentals in Los Angeles?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Los Angeles range from $895 to $43,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $50,000. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $950.
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.

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Written by: Rachel Presser
When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

More Than Just Hollywood: A Local Expert's Deep Dive into LA Living
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

The LA Price Check: Separating Cost of Living Myth from Reality
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.