Cheap Homes for Rent in Koreatown Neighborhood of Los Angeles, CA from $700 (72 Rentals)

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

property at 1819 Arapahoe St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

3 Bedroom, 3 Bath Townhome for Rent

Available Now

1819 Arapahoe St, Unit 1

1819 Arapahoe St
Los AngelesCA90006
property at 1334 W 22nd St

$950 - $1,025

Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,025
Total Monthly Price
$950 - $1,025

5 Bedroom, 5 Bath Condo for Rent

Available Now

1334 W 22nd St

Los AngelesCA90007

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.

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property at 1726 W 22nd St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 2 Bath Home for Rent

Available Now

1726 W 22nd St

Los AngelesCA90007

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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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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property at 2084 W 24th St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 2 Bath Home for Rent

Available Now

2084 W 24th St

Los AngelesCA90018

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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LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area

Get more breathing room without compromising proximity to LA. Our Los Angeles local expert breaks down the best neighboring cities for renting more affordable apartments with easier commutes.

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Showing Results 1-50, Page 1 of 2

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. The Rayfield Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,015. Here are the most affordable Koreatown apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
St. Andrews Place ApartmentsBachelorStudio,1BA$900
The Rayfield ApartmentsEfficiencyStudio,1BA$1,015
La MarquiseBachelor w CountertopStudio,1BA$1,055
car9460BR/1.0BAStudio,1BA$1,099
Haddon HallBachelorStudio,1BA$1,145
Miles at Harvard | Live Simply ||Co-Living0BR/1.0BAStudio,1BA$1,150
Wilton by Category204 304 404 504 Private Bedroom 6 Bed 4 Bath D1BR,1BA$1,152

Best Value Apartments for Rent in Koreatown, CA

As of June 05, 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 Shared 4 bed / 3 bath Model at 216 S Orange Dr. starting at $1,300 with a $0.67 price per square foot in the Mid Wilshire 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
216 S Orange Dr.Shared 4 bed / 3 bath4BR,3BA$0.67
2412 5th Ave1 Bed 2 Bath1BR,2BA$1.67
1129 4th Ave, Unit 1129½1129 4th Ave2BR,1.5BA$1.93
1370 W 24th St, Unit 13701370 W 24th St3BR,1BA$1.82
3976 W 7th St, Unit .53976 W 7th St2BR,1BA$1.27
1145 1/2 S Kenmore Ave, Unit 1145 1/21145 1/2 S Kenmore Ave2BR,1.5BA$1.90
845 S. Kingsley2BR/2.0BA2BR,2BA$1.95
314 South Manhattan Place1BR/1.0BA1BR,1BA$1.82
3900 Ingraham ApartmentStudio1BR,1BA$1.62

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 4165 Apartments for Rent in Koreatown, CA with pricing that ranges from $700 to $25,000. There are also 213 Single Family Homes for rent, Condos, and Townhome rentals currently available in Koreatown ranging from $700 to $30,000.

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 $30,000 with an average monthly rent of $4,955.

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 $21,007, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $18,000. Four Bedroom Single-Family rentals are also available starting from $3,950 and Four Bedroom Apartments start at $1,300.

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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