Cheap Apartments for Rent in the Miracle Mile Neighborhood of Los Angeles, CA from $700 (272 Rentals)

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

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4542 W 17th St, Unit 1
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
Studio Apartment Available Now

4542 W 17th St, Unit 1

4542 W 17th StLos Angeles, CA 90019
Affordability

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5438 W Washington Blvd, Unit 1
$1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395
Studio Apartment Available Now

5438 W Washington Blvd, Unit 1

5438 W Washington BlvdLos Angeles, CA 90016
Affordability
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Ancelle
Rent Specials
$1,529 - $2,754
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,650
Required Monthly Fees
$104
Total Monthly Price
$1,529 - $2,754
Studio to 1 Bedroom Apartments Available Now

Ancelle

701 S Gramercy DrLos Angeles, CA 90005
Affordability
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1513 S Arlington Ave
$1,595 - $2,087
Total Monthly Price

Total Monthly Price

Base Rent
$1,588 - $2,080
Required Monthly Fees
$7
Total Monthly Price
$1,595 - $2,087
Studio to 1 Bedroom Apartments Available Now

1513 S Arlington Ave

1513 S Arlington AveLos Angeles, CA 90019
Affordability
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Miracle Mile, Los Angeles, CA Local Guide

Cheapest Available Miracle Mile Apartments for Rent

 

The cheapest available apartment rental in the Miracle Mile area of Los Angeles, CA is a 6 Beds unit found at Wilton by Category priced from $818. St. Andrews Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Miracle Mile apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Wilton by Category201 301 Private Bedroom 6 Bed 4 Bath A6BR,4BA$818
St. Andrews Place ApartmentsBachelorStudio,1BA$900
Park Gramercy ApartmentsSTUDIOStudio,1BA$1,245
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (A)1BR,1BA$1,281
Urban Living at its BestStudio BasementStudio,1BA$1,295
Oxford IIISpecial StudioStudio,1BA$1,295
Valdamour ApartmentsBachelor PremiumStudio,1BA$1,295
984 S. Oxford Avenue,0x1Studio,1BA$1,295
919 S. Manhattan PlStudio C5Studio,1BA$1,299

Best Value Apartments for Rent in Miracle Mile, CA

As of April 05, 2026 the best value apartment in the Miracle Mile area is the $1.92 price per square foot 3 Bedroom, 2 Bath Model at Gramercy Apartments in the in the Wilshire Center neighborhood starting from $3,749. The second greatest value Miracle Mile apartment is the Private Room in Shared 6 Bed 5 Bath (B) Model at Beverly by Category starting at $1,305 with a $0.71 price per square foot in the Wilshire Center neighborhood. Here is today’s list of the best values for Miracle Mile apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gramercy Apartments3 Bedroom, 2 Bath3BR,2BA$1.92
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (B)1BR,1BA$0.71
325 S Cochran Ave1 Bed 1 Bath1BR,1BA$1.87
333 N Sycamore Ave1 Bed 1 Bath1BR,1BA$1.87
4702 W 17th StTwo Bed- Two Bath2BR,2BA$1.65
3976 W 7th St, Unit .53976 W 7th St2BR,1BA$1.35
4521-4523 Saturn St2 Bed 1 Bath2BR,1BA$1.34
1826 S Rimpau Blvd1 Bed 1 Bath1BR,1BA$1.20
951 S. Oxford2BR/2.0BA2BR,2BA$1.80
3900 Ingraham ApartmentStudio1BR,1BA$1.87

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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Pet Friendly Lifestyle
Miracle Mile, Los Angeles, CA

Ranked #14

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
Miracle Mile, Los Angeles, CA

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across California, including Los Angeles. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Miracle Mile Apartments

What is a cheap apartment in Miracle Mile?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Miracle Mile is under $1,299.

What is the price of a cheap apartment in Miracle Mile?

The cheapest apartment in Miracle Mile is Beverly by Category which is listed at $1,281, while the average apartment in Miracle Mile costs $4,380.

What types of apartments are the cheapest in Miracle Mile?

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 90 regular apartments in Miracle Mile 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 Miracle Mile?

Cheap apartments in Miracle Mile have an average cost of $529 which is $3,851 cheaper than the average rent for all rentals in Miracle Mile.

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.

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