
Cheap Apartments for Rent in the McArthur Park Neighborhood of Los Angeles, CA from $500 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the McArthur Park area of Los Angeles.


Olympic Hotel

The Charleston Apartments

822 S Park View St, Unit 202

816 S Park View St, Unit 110

Ansonia Apartments

Union Apartments

692 Valencia St, Unit 208

692 Valencia St, Unit 303
744 Beacon Ave, Unit 314
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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.
744 Beacon Ave, Unit 604

2529 4th St

727 S Coronado St, Unit 204

Waldorf Apartments

727 S Coronado St, Unit 102

120
744 Beacon Ave, Unit 411
744 Beacon Ave, Unit 516
744 Beacon Ave, Unit 204
744 Beacon Ave, Unit 414
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.

Beacon Apartments

Wicklow Common

341 S Alvarado St, Unit 504

Bonnie Brae Apartments

Wilshire Royale

758 S Carondelet St, Unit 108

844 S Westlake Ave, Unit 104

743 S Burlington Ave, Unit 4

815 S Lake St, Unit 205

425 S Grand View St, Unit 5209
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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.

915 S Carondelet St, Unit 306

Carondelet Court

631 S Bonnie Brae St

Villas Del Lago

926 S Lake St - Room for Rent w/ Private Bath

733 S Coronado St

847 S Alvarado St

Tropic Crest Apartments

Lake Valley Apartments

2121 W. 11th St. Apartments
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2325 W 6th St

1130 S Hoover St

Westland @ Regina

Alvarado Apartments

822 S Park View

1723 James M Wood Blvd

Grand View Apartments

427 S Alvarado St

415 S Westlake Ave

The Grand View Collection
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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.
McArthur Park, Los Angeles, CA Local Guide

How much does it cost to rent an apartment in McArthur Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| McArthur Park Studio Apartments | $1,498 | $832 | $2,581 |
| McArthur Park 1 Bedroom Apartments | $2,148 | $1,250 | $5,357 |
| McArthur Park 2 Bedroom Apartments | $2,546 | $1,895 | $3,937 |
| McArthur Park 3 Bedroom Apartments | $3,155 | $2,895 | $3,950 |
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 1 mile radius of the McArthur Park Neighborhood of Los Angeles, CA.
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McArthur Park, Los Angeles, CA Local Guide
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Cheapest Available McArthur Park Apartments for Rent
 The cheapest available apartment rental in the McArthur 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 McArthur Park apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Sinclair LA | Model D | Studio,1BA | $832 |
| Olympic Hotel | Model A | Studio,1BA | $832 |
| The Charleston Apartments | 0 Bed/1 Bath B | Studio,1BA | $995 |
| Ansonia Apartments | bachelor/ no kitchen | Studio,1BA | $1,075 |
| Union Apartments | 0+1 | Studio,1BA | $1,095 |
| Tropic Crest Apartments | 0BR/1.0BA | Studio,1BA | $1,099 |
| Lake Valley Apartments | Studio | Studio,1BA | $1,100 |
| Westland @ Regina | Studio | Studio,1BA | $1,129 |
| Waldorf Apartments | Studio | Studio,1BA | $1,150 |
| 1723 James M Wood Blvd | Studio | Studio,1BA | $1,150 |
Best Value Apartments for Rent in McArthur Park, CA
As of June 11, 2026 the best value apartment in the McArthur Park area is the $2.34 price per square foot 3 Bedroom, 2 Bath Model at Grand View Towers in the in the McArthur Park neighborhood starting from $2,923. The second greatest value McArthur Park apartment is the 316 S Coronado St Model at 316 S Coronado St, Unit 316 S Coronado St starting at $2,750 with a $2.35 price per square foot in the McArthur Park neighborhood. Here is today’s list of the best values for McArthur Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grand View Towers | 3 Bedroom, 2 Bath | 3BR,2BA | $2.34 |
| 316 S Coronado St, Unit 316 S Coronado St | 316 S Coronado St | 2BR,1.5BA | $2.35 |
| Chateau Nob Hill Apartments | 1 bedroom | 1BR,1BA | $1.68 |
| 442 S Lake St | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.12 |
| Lakeview Apartments | 2 bedroom 2 bath | 2BR,2BA | $2.10 |
| Rampart Village Villas | 2 Bed 2 Bath | 2BR,2BA | $2.40 |
| B & B Apartments | Two Bedroom Two Bath | 2BR,2BA | $2.40 |
| La Fayette Marquis | 1 Bed 1 Bath | 1BR,1BA | $2.19 |
| Wicklow Common | Studio | Studio ,1BA | $2.17 |
| 415 S Westlake Ave | 0BR/1.0BA | Studio ,1BA | $2.40 |
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.
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleMcarthur Park, Los Angeles, CA
Ranked #82
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States 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 our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap McArthur Park Apartments
What is the Cheapest Studio apartment in McArthur Park?
Currently the most affordable Cheap Studio Apartment in McArthur Park is at The Sinclair LA listed at $832.
How much is rent for a Cheap One Bedroom McArthur Park Apartment?
The lowest price for a Cheap One Bedroom McArthur Park Apartment is $1,250 at The Charleston Apartments.
What is the lowest price for a Cheap Two Bedroom McArthur Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in McArthur Park is starting from $1,895 at Lakeview Mansion.
What is the most affordable McArthur Park Three Bedroom Apartment?
The best deal on a cheap McArthur 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

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.

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Written by: Rachel Presser
When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

More Than Just Hollywood: A Local Experts Deep Dive into LA Living
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

The LA Price Check: Separating Cost of Living Myth from Reality
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
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.