Cheap Apartments for Rent in the Lafayette Park Neighborhood of Los Angeles, CA from $500 (376 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lafayette Park 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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 The Sinclair LA priced from $832. Olympic Hotel 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
The Sinclair LAModel DStudio,1BA$832
Olympic HotelModel AStudio,1BA$832
The Charleston Apartments0 Bed/1 Bath BStudio,1BA$995
The Rayfield ApartmentsEfficiencyStudio,1BA$1,015
Ansonia Apartmentsbachelor/ no kitchenStudio,1BA$1,075
526 S Union Avenue0+1Studio,1BA$1,095
car9460BR/1.0BAStudio,1BA$1,099
Lake Valley ApartmentsStudioStudio,1BA$1,100
Westland @ ReginaStudioStudio,1BA$1,129
Haddon HallBachelorStudio,1BA$1,145

Best Value Apartments for Rent in Lafayette Park, CA

As of June 16, 2026 the best value apartment in the Lafayette Park area is the $0.35 price per square foot 1 Bedroom and 1 Bath Model at 2765 Francis Ave in the in the Westlake neighborhood starting from $1,400. The second greatest value Lafayette Park apartment is the 1145 1/2 S Kenmore Ave Model at 1145 1/2 S Kenmore Ave, Unit 1145 1/2 starting at $2,500 with a $1.90 price per square foot in the Koreatown 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.
2765 Francis Ave1 Bedroom and 1 Bath1BR,1BA$0.35
1145 1/2 S Kenmore Ave, Unit 1145 1/21145 1/2 S Kenmore Ave2BR,1.5BA$1.90
310 South Virgil Ave2BR/2.0BA2BR,2BA$1.84
Chateau Nob Hill Apartments1 bedroom1BR,1BA$1.68
311 South New Hampshire Avenue2BR/2.0BA2BR,2BA$1.92
442 S Lake St2 Bedroom 2 Bathroom2BR,2BA$2.12
Lakeview Apartments2 bedroom 2 bath2BR,2BA$2.10
700 S. Berendo Ave2BR/2.0BA2BR,2BA$2.10
200 S Vendome St2001BR,1BA$2.06
Wilshire Villas North1 Bedroom1BR,1BA$2.12

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

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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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 the Cheapest Studio apartment in Lafayette Park?

Currently the most affordable Cheap Studio Apartment in Lafayette Park is at The Sinclair LA listed at $832.

How much is rent for a Cheap One Bedroom Lafayette Park Apartment?

The lowest price for a Cheap One Bedroom Lafayette Park Apartment is $1,250 at The Charleston Apartments.

What is the lowest price for a Cheap Two Bedroom Lafayette Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lafayette Park is starting from $1,895 at Lakeview Mansion.

What is the most affordable Lafayette Park Three Bedroom Apartment?

The best deal on a cheap Lafayette Park Three Bedroom Apartment rental is at Manali Residence and starts from $2,895.

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.

Helpful Local Expert Guides

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

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When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

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Articles, How-To's, and Tips

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.