Cheap Apartments for Rent in the McArthur Park Neighborhood of Los Angeles, CA from $500 (60 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the McArthur 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.

property at 2121 James M Wood Blvd

$1,210

Studio, 1 Bath Rentals

Available Now

120

2121 James M Wood Blvd
Los AngelesCA90006

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.

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.

close
View Me
Carondelet Court
2 to 3 Bedroom Apartments

Carondelet Court

816 S Carondelet StLos Angeles, CA 90057
Senior Living
close
View Me
631 S Bonnie Brae St
Studio to 2 Bedroom Apartments

631 S Bonnie Brae St

631 S Bonnie Brae StLos Angeles, CA 90057
  • Utilities Included
close
View Me
Villas Del Lago
1 to 3 Bedroom Apartments

Villas Del Lago

456 S Lake StLos Angeles, CA 90057
close
View Me
733 S Coronado St
Studio to 2 Bedroom Apartments

733 S Coronado St

733 S Coronado StLos Angeles, CA 90057
  • Utilities Included
close
View Me
847 S Alvarado St
Studio to 2 Bedroom Apartments

847 S Alvarado St

847 S Alvarado StLos Angeles, CA 90057
  • Utilities Included
close
View Me
Tropic Crest Apartments
Studio to 1 Bedroom Apartments

Tropic Crest Apartments

946 S Carondelet StLos Angeles, CA 90006
  • Utilities Included

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.

close
View Me
2325 W 6th St
Studio Apartments

2325 W 6th St

2325 W 6th StLos Angeles, CA 90057
  • Utilities Included
close
View Me
Westland @ Regina
Studio to 1 Bedroom Apartments

Westland @ Regina

420 S Westlake AveLos Angeles, CA 90057
  • Utilities Included
close
View Me
Alvarado  Apartments
Studio to 1 Bedroom Apartments

Alvarado Apartments

725 S Alvarado StLos Angeles, CA 90057
Student Housing
close
View Me
822 S Park View
Studio to 1 Bedroom Apartments

822 S Park View

822 S Park View StLos Angeles, CA 90057
close
View Me
1723 James M Wood Blvd
Studio to 1 Bedroom Apartments

1723 James M Wood Blvd

1723 James M Wood BlvdLos Angeles, CA 90015
  • Utilities Included
close
View Me
Grand View Apartments
Studio to 1 Bedroom Apartments

Grand View Apartments

416 S Grand View StLos Angeles, CA 90057
  • Utilities Included
close
View Me
427 S Alvarado St
Studio Apartments

427 S Alvarado St

427 S Alvarado StLos Angeles, CA 90057
close
View Me
415 S Westlake Ave
Studio to 1 Bedroom Apartments

415 S Westlake Ave

415 S Westlake AveLos Angeles, CA 90057
  • Utilities Included
close
View Me
The Grand View Collection
Studio to 1 Bedroom Apartments

The Grand View Collection

447 S Grand View StLos Angeles, CA 90057
  • Utilities Included

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.

McArthur Park, Los Angeles, CA Local Guide

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 ListingModel NameBed/BathPriced From
The Sinclair LAModel DStudio,1BA$832
Olympic HotelModel AStudio,1BA$832
The Charleston Apartments0 Bed/1 Bath BStudio,1BA$995
Ansonia Apartmentsbachelor/ no kitchenStudio,1BA$1,075
Union Apartments0+1Studio,1BA$1,095
Tropic Crest Apartments0BR/1.0BAStudio,1BA$1,099
Lake Valley ApartmentsStudioStudio,1BA$1,100
Westland @ ReginaStudioStudio,1BA$1,129
Waldorf ApartmentsStudioStudio,1BA$1,150
1723 James M Wood BlvdStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Grand View Towers3 Bedroom, 2 Bath3BR,2BA$2.34
316 S Coronado St, Unit 316 S Coronado St316 S Coronado St2BR,1.5BA$2.35
Chateau Nob Hill Apartments1 bedroom1BR,1BA$1.68
442 S Lake St2 Bedroom 2 Bathroom2BR,2BA$2.12
Lakeview Apartments2 bedroom 2 bath2BR,2BA$2.10
Rampart Village Villas2 Bed 2 Bath2BR,2BA$2.40
B & B ApartmentsTwo Bedroom Two Bath2BR,2BA$2.40
La Fayette Marquis1 Bed 1 Bath1BR,1BA$2.19
Wicklow CommonStudioStudio ,1BA$2.17
415 S Westlake Ave0BR/1.0BAStudio ,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 Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Mcarthur Park, Los Angeles, CA

Ranked #82

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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

decorative image for The 10 Best Affordable Neighborhoods in Los Angeles, CA article

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.

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

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.

decorative image for More Than Just Hollywood: A Local Experts Deep Dive into LA Living article

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.

decorative image for The LA Price Check: Separating Cost of Living Myth from Reality article

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

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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.