Cheap Homes for Rent in Koreatown Neighborhood of Los Angeles, CA from $700 (94 Rentals)

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

property at 400 S Kenmore Ave

400 S Kenmore Ave

Los AngelesCA90020
property at 3471 5th St

3471 5th St

Los AngelesCA90020
property at 661 Shatto Pl

661 Shatto Pl

Los AngelesCA90005
property at 687 Shatto Pl

687 Shatto Pl

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 St. Andrews Place Apartments priced from $900. 1101 S Norton Ave has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Koreatown apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
St. Andrews Place ApartmentsBachelorStudio,1BA$900
1101 S Norton AveStudioStudio,1BA$950
The Gaylord ApartmentsBachelor ( No Kitchen) Refrigerator IncludedStudio,1BA$1,065
Kipling ApartmentsA1Studio,1BA$1,110
Magnolia City Lights Apartments3 Bedroom3BR,2BA$1,194
1 & 2 Bedroom Apartment in KoreaTown, Los Beautiful Bachelor ApartmentsStudio,1BA$1,195

Best Value Apartments for Rent in Koreatown, CA

As of September 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 335 N Mariposa Ave Model at 335 N Mariposa Ave, Unit #4 starting at $2,900 with a $1.93 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
335 N Mariposa Ave, Unit #4335 N Mariposa Ave2BR,2BA$1.93
1135 S Lake St, Unit 1135 Lake1135 S Lake St2BR,1.5BA$1.63
2111 6th Ave2111 6th Ave1BR,1BA$2.15
2763 San Marino St.2 Bedroom 1 Bath Remodel2BR,1BA$1.75
951 S. Oxford2BR/2.0BA2BR,2BA$1.86
512 S. Hobart Blvd.One Bedroom1BR,1BA$1.70
Bright & Inviting 1-Bedroom ApartmentBright & Inviting 1-Bedroom Apartment1BR,1BA$2.11
Wilshire Villas North1 Bedroom1BR,1BA$2.12
1101 S Norton AveStudioStudio ,1BA$1.90

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Pet Friendly Lifestyle
Koreatown, Los Angeles, CA

Ranked #15

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

Frequently Asked Questions about Koreatown

What type of rentals are currently available in Koreatown?

There are currently 4187 Apartments for Rent in Koreatown, CA with pricing that ranges from $700 to $20,995. There are also 314 Single Family Homes for rent, Condos, and Townhome rentals currently available in Koreatown ranging from $700 to $60,000.

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 $60,000 with an average monthly rent of $12,483.

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 $9,000. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $3,899.

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 10 Best Affordable Neighborhoods in Los Angeles, CA

Written by: Rachel Presser

Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.