Cheap Apartments for Rent in the McArthur Park Neighborhood of Los Angeles, CA from $500 (90 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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816 S Carondelet St
2 to 3 Bedroom Apartments

816 S Carondelet St

816 S Carondelet StLos Angeles, CA 90057
Senior Living
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Bryson Legacy
Studio to 1 Bedroom Apartments

Bryson Legacy

2721 Wilshire BlvdLos Angeles, CA 90057
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926 S Lake St
1 Bedroom Apartments

926 S Lake St

926 S Lake StLos Angeles, CA 90006
  • Utilities Included
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1723 James M Wood Blvd
Studio to 1 Bedroom Apartments

1723 James M Wood Blvd

1723 James M Wood BlvdLos Angeles, CA 90015
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733 S Coronado St
Studio to 2 Bedroom Apartments

733 S Coronado St

733 S Coronado StLos Angeles, CA 90057
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847 S Alvarado St
Studio to 1 Bedroom Apartments

847 S Alvarado St

847 S Alvarado StLos Angeles, CA 90057
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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The Sinclair LA
Studio Apartments

The Sinclair LA

2208 W 8th StLos Angeles, CA 90057
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2325 W 6th St
Studio Apartments

2325 W 6th St

2325 W 6th StLos Angeles, CA 90057
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822 S Park View
Studio Apartments

822 S Park View

822 S Park View StLos Angeles, CA 90057
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Grand View Apartments
Studio to 1 Bedroom Apartments

Grand View Apartments

416 S Grand View StLos Angeles, CA 90057
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676 S. Rampart Blvd.
Studio to 1 Bedroom Apartments

676 S. Rampart Blvd.

676 S Rampart BlvdLos Angeles, CA 90057
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534 S Coronado St
1 Bedroom Apartments

534 S Coronado St

534 S Coronado StLos Angeles, CA 90057
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Westlake Apartments
Studio to 1 Bedroom Apartments

Westlake Apartments

345 S Westlake AveLos Angeles, CA 90057
  • Utilities Included

Los Angeles's Best Affordable Neighborhoods

Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

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415 S Westlake Ave
Studio to 1 Bedroom Apartments

415 S Westlake Ave

415 S Westlake AveLos Angeles, CA 90057
  • Utilities Included

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 1 Bed unit found at 926 S Lake St priced from $950. 1723 James M Wood Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable McArthur Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
926 S Lake St1 Bed, 1 bath1BR,1BA$950
1723 James M Wood BlvdStudioStudio,1BA$950
Wicklow CommonStudio1BR,1BA$1,000
Park WilshireStudioStudio,1BA$1,150
Westland @ ReginaStudioStudio,1BA$1,175
The President ApartmentsBachelorStudio,1BA$1,195
The Eleanor Apartments0 Beds, 1 BathsStudio,1BA$1,215
Landmark TowersEffeciency UnitStudio,1BA$1,233

Best Value Apartments for Rent in McArthur Park, CA

As of June 18, 2025 the best value apartment in the McArthur Park area is the $2.58 price per square foot 324 S Coronado St Model at 324 S Coronado St, Unit 324 in the in the McArthur Park neighborhood starting from $3,875. The second greatest value McArthur Park apartment is the 1 bedroom Model at Chateau Nob Hill Apartments starting at $1,816 with a $1.65 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.
324 S Coronado St, Unit 324324 S Coronado St3BR,1BA$2.58
Chateau Nob Hill Apartments1 bedroom1BR,1BA$1.65
B & B ApartmentsTwo Bedroom Two Bath2BR,2BA$2.63
420 S Occidental Blvd402-LOFT1BR,1.5BA$2.56
Park WilshireClassic Finish One Bedroom1BR,1BA$2.35
Lakeview Apartments1 bedroom 1 bath1BR,1BA$1.99
422 South Lake1 Bedroom, 1 Bath 746-750 SF1BR,1BA$2.66
La Fayette Marquis1 Bed 1 Bath1BR,1BA$2.64
Asbury60% TCACStudio ,1BA$2.66
Wicklow CommonStudioStudio ,1BA$1.74

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Mcarthur Park, Los Angeles, CA

Ranked #70

Among neighborhoods in Los Angeles, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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!

Getting Around the McArthur Park Neighborhood in Los Angeles, CA

Walk Score®

94 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

83 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap McArthur Park Apartments

What is a cheap apartment in McArthur Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in McArthur Park is under $1,233.

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

The cheapest apartment in McArthur Park is 926 S Lake St which is listed at $950, while the average apartment in McArthur Park costs $20,500.

What types of apartments are the cheapest in McArthur 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 18 regular apartments in McArthur 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 McArthur Park?

Cheap apartments in McArthur Park have an average cost of $152 which is $20,348 cheaper than the average rent for all rentals in McArthur 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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

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.