Cheap Apartments for Rent in the Koreatown Neighborhood of Los Angeles, CA from $500 (249 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Koreatown area of Los Angeles.

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property at 2933 W 8th St

2933 W 8th St

Los AngelesCA90005

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Koreatown, Los Angeles, CA Local Guide

Cheapest Available Koreatown Apartments for Rent

 

The cheapest available apartment rental in the Koreatown area of Los Angeles, CA is a Studio unit found at The Rayfield Apartments priced from $1,075. 245 Kenmore Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,185. Here are the most affordable Koreatown apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
The Rayfield ApartmentsEfficiencyStudio,1BA$1,075
245 Kenmore Apartments0+1Studio,1BA$1,185
Casas On Cordova Street Apartments0BR/1.0BAStudio,1BA$1,187
Magnolia City Lights Apartments3 Bedroom3BR,2BA$1,194
Leeward ApartmentsStudioStudio,1BA$1,200
2850 Leeward AveStudioStudio,1BA$1,200
Kipling ApartmentsA1Studio,1BA$1,200
The Du BarryBACHELORStudio,1BA$1,233
Blake ManorSmall Studio w/ KitchenetteStudio,1BA$1,279

Best Value Apartments for Rent in Koreatown, CA

As of June 30, 2025 the best value apartment in the Koreatown area is the $0.48 price per square foot 2209 W 12th St Model at 2209 W 12th St, Unit Apt A in the in the Westlake neighborhood starting from $1,100. The second greatest value Koreatown apartment is the 3 Bedroom, 2 Bath Model at Gramercy Apartments starting at $3,999 with a $2.05 price per square foot in the Wilshire Center neighborhood. Here is today’s list of the best values for Koreatown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2209 W 12th St, Unit Apt A2209 W 12th St4BR,1.5BA$0.48
Gramercy Apartments3 Bedroom, 2 Bath3BR,2BA$2.05
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (B)1BR,1BA$0.80
Wilton by Category5 Bed 3 Bath-B1BR,1BA$0.58
335 N Mariposa Ave, Unit #4335 N Mariposa Ave2BR,2BA$2.00
3976 W 7th St, Unit .53976 W 7th St2BR,1BA$1.64
521 S Manhattan Pl, Unit 11521 S Manhattan Pl2BR,2BA$2.08
845 S. Kingsley2BR/2.0BA2BR,2BA$2.04
226 South Serrano2BR/2.0BA2BR,2BA$1.91
1822 Arapahoe St, Unit 1822 Arapahoe1822 Arapahoe St1BR,1BA$2.00

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Koreatown, Los Angeles, CA

Ranked #12

Among neighborhoods in Los Angeles, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Koreatown, Los Angeles, CA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States including Koreatown, Los Angeles, and the greater Los Angeles area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, apartment communities for the kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Koreatown Apartments

What is a cheap apartment in Koreatown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Koreatown is under $1,279.

What is the price of a cheap apartment in Koreatown?

The cheapest apartment in Koreatown is 200 S Vendome St which is listed at $1,450, while the average apartment in Koreatown costs $6,900.

What types of apartments are the cheapest in Koreatown?

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 28 regular apartments in Koreatown 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 Koreatown?

Cheap apartments in Koreatown have an average cost of $1,902 which is $4,998 cheaper than the average rent for all rentals in Koreatown.

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: 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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