Cheap Apartments for Rent in the Koreatown Neighborhood of Los Angeles, CA from $500 (317 Rentals)

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

property at 920 S Hobart Blvd

920 S Hobart Blvd

Los AngelesCA90006
Showing Results 1-50, Page 1 of 7

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 St. Andrews Place Apartments priced from $900. Kipling Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,105. Here are the most affordable Koreatown apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
St. Andrews Place ApartmentsBachelorStudio,1BA$900
Kipling ApartmentsA1Studio,1BA$1,105
The LanghamBachelorStudio,1BA$1,125
Beverly BoulevardStudioStudio,1BA$1,150
The Gaylord ApartmentsBachelor ( No Kitchen) Refrigerator IncludedStudio,1BA$1,175
Edgemont ApartmentsBachelorStudio,1BA$1,195
Oxford Avenue ApartmentsStudioStudio,1BA$1,195

Best Value Apartments for Rent in Koreatown, CA

As of November 19, 2025 the best value apartment in the Koreatown area is the $0.23 price per square foot 1500 Arapahoe St Model at 1500 Arapahoe St, Unit 1 in the in the Westlake neighborhood starting from $700. The second greatest value Koreatown apartment is the Private Room in Shared 6 Bed 5 Bath (B) Model at Beverly by Category starting at $1,272 with a $0.69 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.
1500 Arapahoe St, Unit 11500 Arapahoe St3BR,3BA$0.23
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (B)1BR,1BA$0.69
420 S Berendo St, Unit 3420 S Berendo St2BR,2BA$1.79
2111 6th Ave2111 6th Ave1BR,1BA$1.92
315 South Virgil Ave2BR/1.5BA2BR,1.5BA$1.67
Berendo Terrace Apartment HomesB2BR,2.5BA$2.10
418 S. Normandie Ave.1 Bed 1 Bath Large1BR,1BA$2.17
Wilshire Villas North1 Bedroom1BR,1BA$2.12
1288 23rd St1BR/1.0BA1BR,1BA$2.13
1423 Magnolia Ave (Hart Properties, LLC)Studio Apt. w/full kitchen and full bathStudio ,1BA$2.08

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Pet Friendly Lifestyle
Koreatown, Los Angeles, CA

Ranked #11

Among cities in California 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 $1,195.

What is the price of a cheap apartment in Koreatown?

The cheapest apartment in Koreatown is Miles at Harvard (Coliving) which is listed at $1,250, while the average apartment in Koreatown costs $6,895.

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 54 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 $1,855 which is $5,040 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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The Rental Move-In Inspection Checklist: A Guide for Renters

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