Cheap Apartments for Rent in the Lafayette Park Neighborhood of Los Angeles, CA from $500 (393 Rentals)

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

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Lafayette Park, Los Angeles, CA Local Guide

Cheapest Available Lafayette Park Apartments for Rent

 

The cheapest available apartment rental in the Lafayette Park area of Los Angeles, CA is a Studio unit found at 2765 Francis Ave priced from $699. The Sinclair LA has the second lowest priced unit, which is a Studio apartment currently listed from $832. Here are the most affordable Lafayette Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
2765 Francis AveSharedStudio,1BA$699
The Sinclair LAModel DStudio,1BA$832
Olympic HotelModel AStudio,1BA$832
The Charleston Apartments0 Bed/1 Bath BStudio,1BA$995
1110 S Lake St0 Beds, 1 BathsStudio,1BA$1,001
Ansonia Apartmentsbachelor/ no kitchenStudio,1BA$1,075
409 S Union Ave0 Beds, 1 BathsStudio,1BA$1,089
The Asbury ApartmentsMarket BachelorStudio,1BA$1,095
Lake Valley ApartmentsStudioStudio,1BA$1,100
1024 Menlo Ave0 Beds, 1 BathsStudio,1BA$1,141

Best Value Apartments for Rent in Lafayette Park, CA

As of August 03, 2026 the best value apartment in the Lafayette Park area is the $2.00 price per square foot Penthouse Model at Chateau Nob Hill Apartments in the in the McArthur Park neighborhood starting from $4,999. The second greatest value Lafayette Park apartment is the Lofts Bigger Model at 1725 W. 6th St starting at $2,145 with a $1.80 price per square foot in the City West neighborhood. Here is today’s list of the best values for Lafayette Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chateau Nob Hill ApartmentsPenthouse2BR,2BA$2.00
1725 W. 6th StLofts BiggerStudio ,1BA$1.80
311 South New Hampshire Avenue2BR/2.0BA2BR,2BA$1.73
442 S Lake St2 Bedroom 2 Bathroom2BR,2BA$2.12
Lakeview Apartments2 bedroom 2 bath2BR,2BA$2.10
Normandie 11 Bedroom1BR,1BA$2.05
Crystal House Apartments1 BD/ 1BA1BR,1BA$2.00
310 South Virgil Ave1BR/1.0BA1BR,1BA$2.06
700 S. Berendo Ave1BR/1.0BA1BR,1BA$2.14
1110 S Lake St0 Beds, 1 BathsStudio ,1BA$2.00

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

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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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Pet Friendly Lifestyle
Lafayette Park, 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
Lafayette Park, Los Angeles, CA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across California and customized analysis for Los Angeles, California. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Lafayette Park Apartments

What is a cheap apartment in Lafayette Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lafayette Park is under $1,141.

What is the price of a cheap apartment in Lafayette Park?

The cheapest apartment in Lafayette Park is Commonwealth Apartments which is listed at $1,200, while the average apartment in Lafayette Park costs $2,250.

What types of apartments are the cheapest in Lafayette Park?

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 27 regular apartments in Lafayette Park 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 Lafayette Park?

Cheap apartments in Lafayette Park have an average cost of $101 which is $2,149 cheaper than the average rent for all rentals in Lafayette Park.

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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