Cheap Apartments for Rent in the Lafayette Park Neighborhood of Los Angeles, CA from $500 (259 Rentals)

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

property at 729 S Union Ave

$995

Studio To 1 Bedroom Rentals

Available Now

729 S Union Ave

Los AngelesCA90017

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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 $845. 729 S. Union Ave. has the second lowest priced unit, which is a Studio apartment currently listed from $995. 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$845
729 S. Union Ave.Great Studio apartment home for rent near Downt...Studio,1BA$995
526 S Union Avenue0+1Studio,1BA$1,099
san27490BR/1.0BAStudio,1BA$1,099
430 Union Avenue0+1Studio,1BA$1,099
Waldorf ApartmentsStudioStudio,1BA$1,150
San Lucas Apartments Age 62+StudioStudio,1BA$1,150
The Gaylord ApartmentsBachelor ( No Kitchen) Refrigerator IncludedStudio,1BA$1,175
Westland @ ReginaStudioStudio,1BA$1,179

Best Value Apartments for Rent in Lafayette Park, CA

As of March 16, 2026 the best value apartment in the Lafayette Park area is the $1.76 price per square foot 2BR/2.0BA Model at 315 South Virgil Ave in the in the Wilshire Center neighborhood starting from $2,098. The second greatest value Lafayette Park apartment is the 2BR/2.0BA Model at 310 South Virgil Ave starting at $2,098 with a $1.76 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.
315 South Virgil Ave2BR/2.0BA2BR,2BA$1.76
310 South Virgil Ave2BR/2.0BA2BR,2BA$1.76
Berendo Terrace Apartment Homes2 Bedrooms 2 Bathrooms2BR,2BA$2.33
Lakeview Apartments2 bedroom 2 bath2BR,2BA$2.10
Modern & Stylish 2-Bedroom Apartment... Great Location!2 bedroom 1 bath2BR,1BA$2.40
The AbbeyStudioStudio ,1BA$2.27
bon9210BR/1.0BAStudio ,1BA$2.33
Mediterranean Sea Partners, LLC0BR/1.0BAStudio ,1BA$2.26
Wicklow CommonStudioStudio ,1BA$2.17
1927 6th W St, Unit 4051927 6th W StStudio ,1BA$1.83

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A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles

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Pet Friendly Lifestyle
Lafayette Park, Los Angeles, CA

Ranked #18

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 $1,179.

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

The cheapest apartment in Lafayette Park is The Rayfield Apartments which is listed at $1,400, while the average apartment in Lafayette Park costs $4,495.

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 77 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 $273 which is $4,222 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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