
Cheap Homes for Rent in Los Angeles, CA from $500 (664 Rentals)
Search the lowest-cost Homes available for rent right now in Los Angeles.


232 E 27th St

1819 Arapahoe St, Unit 1, Unit 1

807 Flower St

217 E 29th St

1449 E 25th St

1447 E 25th St, Unit 1

933 Grattan St, Unit 202

2855 1/2 Cincinnati St

526 W 49th 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.

18521 Mayall St

866 N Edgemont St, Unit 866

866 N Edgemont St, Unit 866

1712 Pepper St

640 Elm

1996 Virginia Ave

2629 W 8th St

14836 Archwood St, Unit 3

14836 Archwood St, Unit 14

1423 S Burlington Ave, Unit F
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.

526 W 49th St

400 Jefferson St

814 W El Repetto Dr, Unit Room #A, Unit Room #A

1315 W 36th Pl

1628 W 24th St

2626 S Budlong Ave, Unit 2626 S Budlong Ave

17135 San Jose St

1200 W 36th St, Unit ROOMS, Unit ROOMS

300 E Arbor St

2731 Beverly Blvd, Unit 209
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.

4828 McKinley Ave, Unit 4828 McKinley Ave.

3759 Dalton Ave

2739 S Budlong Ave

206 W Cedar Ave

2115 N Raymond Ave, Unit 2123 B

1532 W 37th St

1628 W 24th St

133 E 140th St

5306 Cimarron St

225 E Garfield Ave, Unit 106
Los Angeles Essential Guide: Finding Rentals Near LA's Biggest Job Hubs
Working at LAX, Disney, UCLA, or Kaiser Permanente? We detail the best LA neighborhoods—from Westchester to Magnolia Park—to help you find a rental and eliminate your commute.

692 Valencia St, Unit 203

822 S Park View St, Unit 307

17739 Welby Way

1130 S Hoover St

925 W 30th St, Unit 14C- Private Br

1628 W 24th St

6420 Pat Ave

329 E 116th Pl

1133 Westmoreland Ave, Unit 2

1133 S Westmoreland Ave
More Than Just Hollywood: A Local Expert's Deep Dive into LA Living
Moving to Los Angeles? Get an insider's view on desirable neighborhoods like Koreatown, Los Feliz, and NELA, plus crucial insight on LA's vast sprawl and transit.
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 | $4,195 | $1,170 | $10,000+ |
| Los Angeles 3 Bedroom Homes for Rent | $6,532 | $599 | $10,000+ |
| Los Angeles 4 Bedroom Homes for Rent | $12,560 | $1,380 | $10,000+ |
| Los Angeles 5 Bedroom Homes for Rent | $19,986 | $1,150 | $10,000+ |
| Los Angeles 6 Bedroom Homes for Rent | $33,038 | $1,100 | $10,000+ |
| Los Angeles 7 Bedroom Homes for Rent | $46,350 | $4,499 | $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: 04/16/2026Current apartment rentals in the Los Angeles, CA area range in price from $645 to $60,000 with an overall median price of $5,287. The three Los Angeles neighborhoods with the lowest median rent pricing are Five Points at $1,150, Bell Gardens at $1,775, and Amar Road at $1,875. 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 |
|---|---|---|---|
| Five Points | $1,162 | $1,150 | 2 |
| Bell Gardens | $1,937 | $1,775 | 2 |
| Amar Road | $1,975 | $1,875 | 4 |
| Marceline | $1,975 | $1,975 | 1 |
| Lynwood Gardens | $2,025 | $1,100 | 6 |
| International Cultural District | $2,098 | $2,075 | 1 |
| Little India | $2,098 | $2,075 | 1 |
| West Side | $2,100 | $1,400 | 14 |
| Olive Heights | $2,100 | $1,950 | 10 |
| Wrigley | $2,150 | $1,400 | 15 |
Cheapest Available Los Angeles Apartments for Rent
 The cheapest available apartment rental in Los Angeles, CA is a 1 Bed unit found at 807 S Flower St in the City West neighborhood priced from $645. 647 18th St in the Downtown Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Los Angeles apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 807 S Flower St | 1B/1B | 1BR,1BA | $645 |
| 647 18th St | Studio Shared Bathrooms | Studio,6BA | $695 |
| New Genesis Apartments | Studio | Studio,1BA | $795 |
| Huntington Apartments | Bachelor Studio | Studio,1BA | $800 |
| Woodlake Apartments | 1 Bed 1 Bath | 1BR,1BA | $801 |
| Olympic Hotel | Model A | Studio,1BA | $832 |
| The Sinclair LA | Model D | Studio,1BA | $832 |
| Orion 1192 35th | Orion 1192 35th Private Room | 4BR,2BA | $850 |
| Metro at Florence | Studio | Studio,1BA | $852 |
Best Value Apartments for Rent in Los Angeles, CA
As of April 16, 2026 the best value apartment in the Los Angeles area is the $0.57 price per square foot 4311 Model at 4311 Eagle Rock Blvd in the in the Northeast Los Angeles neighborhood starting from $3,250. The second greatest value Los Angeles apartment is the Coliving Model at Haven Coliving - Penmar starting at $995 with a $0.26 price per square foot in the Venice Beach 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. |
|---|---|---|---|
| 4311 Eagle Rock Blvd | 4311 | 2BR,2BA | $0.57 |
| Haven Coliving - Penmar | Coliving | 4BR,4BA | $0.26 |
| 1500 Arapahoe St, Unit 1 | 1500 Arapahoe St | 3BR,3BA | $0.23 |
| 1349 W 23rd St, Unit 2 | 1349 W 23rd St | 5BR,5.5BA | $0.51 |
| 2005 Pullman Ln, Unit Front House | 2005 Pullman Ln | 4BR,3BA | $0.45 |
| Melrose by Category | Private Bedroom in 6 Bed 4 Bath - B | 1BR,1BA | $0.62 |
| 216 S Orange Dr | Shared 4 bed / 3 bath | 4BR,3BA | $0.67 |
| Beverly by Category | Private Room in Shared 6 Bed 5 Bath (B) | 1BR,1BA | $0.66 |
| Centinela by Category | Private Bedroom in Shared 6 Bed 3 Bath - A | 1BR,1BA | $0.70 |
| 433 Midvale - Student Housing at UCLA | Floor Plan 33a (Shared Room) | 7BR,3BA | $0.77 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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 66258 Apartments for Rent in Los Angeles, CA with pricing that ranges from $645 to $60,000. There are also 6774 Single Family Homes for rent, Condos, and Townhome rentals currently available in Los Angeles ranging from $595 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 $595 to $100,000 with an average monthly rent of $19,865.
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 $700 to $43,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $599 to $49,000. Four Bedroom Single-Family rentals are also available starting from $1,380 and Four Bedroom Apartments start at $850.
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 Experts 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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.