Cheap Homes for Rent in Koreatown Neighborhood of Los Angeles, CA from $700 (85 Rentals)

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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.

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property at 634 S Gramercy Pl

$1,199 - $2,515

Studio To 2 Bedroom Rentals

Available Now

634 S Gramercy Pl

Los AngelesCA90005

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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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.

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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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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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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. Oxford Avenue Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here are the most affordable Koreatown apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
St. Andrews Place ApartmentsBachelorStudio,1BA$900
Oxford Avenue ApartmentsStudioStudio,1BA$1,095
car9460BR/1.0BAStudio,1BA$1,099
Oxford SuitesStudio 5Studio,1BA$1,145
The Gaylord ApartmentsBachelor ( No Kitchen) Refrigerator IncludedStudio,1BA$1,175
Casas on Cordova StreetStudio 2Studio,1BA$1,187
Edgemont ApartmentsBachelorStudio,1BA$1,195
2850 Leeward AveStudioStudio,1BA$1,200

Best Value Apartments for Rent in Koreatown, CA

As of January 15, 2026 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 (A) Model at Beverly by Category starting at $1,281 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 (A)1BR,1BA$0.69
335 N Mariposa Ave, Unit #4335 N Mariposa Ave2BR,2BA$1.93
2418 W 23rd St, Unit 24182418 W 23rd St3BR,1BA$2.20
1370 W 24th St, Unit 13701370 W 24th St3BR,1BA$1.93
1248 W 24th St, Unit Unit 11248 W 24th St5BR,4BA$0.96
1667 S Westmoreland Blvd, Unit 16691667 S Westmoreland Blvd1BR,1BA$2.21
512 S. Hobart Blvd.One Bed One Bath1BR,1BA$2.17
681 Shatto Pl.StudioStudio ,1BA$1.94
Wilshire Villas North1 Bedroom1BR,1BA$2.12

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.

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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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A 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

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Quick 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.

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Best Local Schools in
Koreatown, Los Angeles, CA

School data provided by Great Schools

Frequently Asked Questions about Koreatown

What type of rentals are currently available in Koreatown?

There are currently 4189 Apartments for Rent in Koreatown, CA with pricing that ranges from $700 to $20,995. There are also 260 Single Family Homes for rent, Condos, and Townhome rentals currently available in Koreatown ranging from $700 to $11,499.

What is the current price range for Rental Homes in Koreatown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Koreatown ranges from $700 to $11,499 with an average monthly rent of $3,625.

How much are larger Three and Four Bedroom Rentals in Koreatown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Koreatown range from $700 to $20,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $7,995. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $3,758.

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.

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