Cheap Homes for Rent in Koreatown Neighborhood of Los Angeles, CA from $700 (51 Rentals)

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

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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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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Los Angeles Essential Guide: Finding Rentals Near LA's Biggest Job Hubs

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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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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. Beverly by Category has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,039. Here are the most affordable Koreatown apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
St. Andrews Place ApartmentsBachelorStudio,1BA$900
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (A)1BR,1BA$1,039
New Hampshire ManorLarge SingleStudio,1BA$1,095
3169 - 319 S. New Hampshire Av0 Beds, 1 BathsStudio,1BA$1,150
Wilton by Category505 Private Bedroom 6 BR 4 BA J1BR,1BA$1,158
The Gaylord ApartmentsBachelor ( No Kitchen) Refrigerator IncludedStudio,1BA$1,175
Edgemont ApartmentsBachelorStudio,1BA$1,195

Best Value Apartments for Rent in Koreatown, CA

As of April 20, 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 1349 W 23rd St Model at 1349 W 23rd St, Unit 2 starting at $1,250 with a $0.51 price per square foot in the Koreatown 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
1349 W 23rd St, Unit 21349 W 23rd St5BR,5.5BA$0.51
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (B)1BR,1BA$0.60
335 N Mariposa Ave, Unit #4335 N Mariposa Ave2BR,2BA$1.80
1370 W 24th St, Unit 13701370 W 24th St3BR,1BA$1.82
3976 W 7th St, Unit .53976 W 7th St2BR,1BA$1.35
310 South Virgil Ave2BR/2.0BA2BR,2BA$1.80
951 S. Oxford2BR/2.0BA2BR,2BA$1.77
845 S. Kingsley2BR/2.0BA2BR,2BA$1.91
3900 Ingraham ApartmentStudio1BR,1BA$1.87

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 4159 Apartments for Rent in Koreatown, CA with pricing that ranges from $700 to $21,007. There are also 202 Single Family Homes for rent, Condos, and Townhome rentals currently available in Koreatown ranging from $700 to $46,500.

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 $46,500 with an average monthly rent of $10,004.

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 $3,390 and Four Bedroom Apartments start at $3,208.

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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