Cheap Homes for Rent in McArthur Park Neighborhood of Los Angeles, CA from $1,000 (7 Rentals)

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Search the lowest-cost Homes 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.

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

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.

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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
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

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Frequently Asked Questions about McArthur Park

What type of rentals are currently available in McArthur Park?

There are currently 517 Apartments for Rent in McArthur Park, CA with pricing that ranges from $832 to $5,357. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in McArthur Park ranging from $1,001 to $3,599.

What is the current price range for Rental Homes in McArthur Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in McArthur Park ranges from $1,001 to $3,599 with an average monthly rent of $2,283.

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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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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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.

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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.

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The LA Price Check: Separating Cost of Living Myth from Reality

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Articles, How-To's, and Tips

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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.

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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.

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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.

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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.