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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.

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The 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.

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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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 5164 Rockland Ave

5164 Rockland Ave

Los AngelesCA90041

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Los Angeles, CA Local Guide

Cheapest Neighborhoods for Apartments in Los Angeles, CA

Pricing Updated: 08/22/2025

Current apartment rentals in the Los Angeles, CA area range in price from $500 to $43,550 with an overall median price of $4,971. The three Los Angeles neighborhoods with the lowest median rent pricing are Five Points at $1,175, Live Oak Avenue at $1,650, and Bassett at $1,940. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Los Angeles Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Five Points$1,800$1,1753
Live Oak Avenue$1,850$1,6506
Bassett$1,940$1,9401
Ramona$2,050$2,0002
Amar Road$2,095$2,0951
West Side$2,100$1,6957
El Dorado$2,145$2,0952
West Athens$2,195$1,5656
North Gardena$2,250$1,31719
Leffingwell$2,295$1,59012

Cheapest Available Los Angeles Apartments for Rent

 

The cheapest available apartment rental in Los Angeles, CA is a Studio unit found at 1117 3rd St in the Wilshire neighborhood priced from $400. NEXEN in the Wilshire Center neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $509. Here is today’s list of the most affordable Los Angeles apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1117 3rd StNo VacancyStudio,$400
NEXEN2 Bed, 2 Bath2BR,2BA$509
807 S Flower St1B/1B1BR,1BA$645
Premium Phoenix ApartmentsShared Bedspace in 3bd/2ba Unit3BR,2BA$650
Beautiful Dormitory Style Housing Available0BR/1.0BAStudio,1BA$695
The Cabrillo (shared restroom)Studio with SHARED RESTROOMSStudio,$799
1811 Tamarind Apartments0BR/0.5BAStudio,$799
Huntington ApartmentsBachelor StudioStudio,1BA$800

Best Value Apartments for Rent in Los Angeles, CA

As of August 22, 2025 the best value apartment in the Los Angeles area is the $0.29 price per square foot C Model at 12020 Hoffman St in the in the Antelope Valley neighborhood starting from $1,695. The second greatest value Los Angeles apartment is the 6307 Miramonte Blvd Model at 6307 Miramonte Blvd, Unit 2 starting at $3,600 with a $0.75 price per square foot in the Southeast Los Angeles neighborhood. Here is today’s list of the best values for Los Angeles apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
12020 Hoffman StCStudio ,1BA$0.29
6307 Miramonte Blvd, Unit 26307 Miramonte Blvd4BR,2BA$0.75
1500 Arapahoe St, Unit 11500 Arapahoe St3BR,3BA$0.23
1224 W 37th Pl Student HousingPrivate room at 1226 W37th Pl1BR,1BA$0.57
Wilton by Category6 Bed 4 Bath-D1BR,1BA$0.64
Co/relate West Adams (Shared Apartments)Lotus5BR,5BA$0.72
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (B)1BR,1BA$0.78
Centinela by CategoryPrivate Bedroom in Shared 6 Bed 3 Bath - A1BR,1BA$0.71
433 Midvale - Student Housing at UCLAFloor Plan 33a (Shared Room)7BR,3BA$0.77
807 S Flower St1B/1B1BR,1BA$0.81

Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Los Angeles, CA Rentals by Map

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See the most popular apartments and homes in Los Angeles, CA

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Frequently Asked Questions about Los Angeles

What type of rentals are currently available in Los Angeles?

There are currently 66059 Apartments for Rent in Los Angeles, CA with pricing that ranges from $645 to $43,550. There are also 7410 Single Family Homes for rent, Condos, and Townhome rentals currently available in Los Angeles ranging from $600 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 $600 to $100,000 with an average monthly rent of $20,073.

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 $650 to $43,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $47,500. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $1,000.

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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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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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.