Cheap Apartments for Rent in the Lafayette Park Neighborhood of Los Angeles, CA from $500 (225 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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property at 2933 W 8th St

2933 W 8th St

Los AngelesCA90005

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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 Beautiful Dormitory Style Housing Available priced from $695. The Rayfield Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Lafayette Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Beautiful Dormitory Style Housing Available0BR/1.0BAStudio,1BA$695
The Rayfield ApartmentsEfficiencyStudio,1BA$1,075
Park WilshireStudioStudio,1BA$1,150
Westland @ ReginaStudioStudio,1BA$1,175
245 Kenmore Apartments0+1Studio,1BA$1,185
Magnolia City Lights Apartments3 Bedroom3BR,2BA$1,194
The President ApartmentsBachelorStudio,1BA$1,195

Best Value Apartments for Rent in Lafayette Park, CA

As of June 29, 2025 the best value apartment in the Lafayette Park area is the $0.48 price per square foot 2209 W 12th St Model at 2209 W 12th St, Unit Apt A in the in the Westlake neighborhood starting from $1,100. The second greatest value Lafayette Park apartment is the 216 N New Hampshire Ave Model at 216 N New Hampshire Ave, Unit 216NNewHampshire starting at $2,650 with a $2.21 price per square foot in the Wilshire Center 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.
2209 W 12th St, Unit Apt A2209 W 12th St4BR,1.5BA$0.48
216 N New Hampshire Ave, Unit 216NNewHampshire216 N New Hampshire Ave2BR,1.5BA$2.21
215 N Mariposa Ave215 N. Mariposa Ave #3012BR,2BA$2.33
Berendo Terrace Apartment Homes1BR/2.0BA1BR,2BA$2.14
Chateau Nob Hill Apartments1 bedroom1BR,1BA$1.66
Magnolia City Lights Apartments2 Bedroom2BR,1.5BA$2.17
Lakeview Apartments1 bedroom 1 bath1BR,1BA$1.99
310 South Virgil Ave1BR/1.0BA1BR,1BA$2.12
Wilshire Villas North1 Bedroom1BR,1BA$2.12
The Rayfield ApartmentsStudioStudio ,1BA$2.26

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Pet Friendly Lifestyle
Lafayette Park, Los Angeles, CA

Ranked #19

Among neighborhoods in Los Angeles, CA 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 $1,195.

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

The cheapest apartment in Lafayette Park is EBA which is listed at $1,350, while the average apartment in Lafayette Park costs $3,475.

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 29 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 $187 which is $3,288 cheaper than the average rent for all rentals in Lafayette Park.

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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Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.