Cheap Apartments for Rent in the Miracle Mile Neighborhood of Los Angeles, CA from $700 (301 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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property at 1351 Cochran Ave
$1,450 - $1,980
Studio To 1 Bedroom Rentals
Available Now
Affordability

1351 Cochran Ave

Los AngelesCA90019

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Ancelle
Rent Specials
$1,518 - $1,744

Total Monthly Price

Base Rent$1,518 - $1,744

Total Monthly Price$1,518 - $1,744
Studio Apartments Available Now

Ancelle

701 S Gramercy DrLos Angeles, CA 90005
Affordability
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2119 S West View St, Unit A2
$1,550

Total Monthly Price

Base Rent$1,550

Total Monthly Price$1,550
1 Bedroom Apartment Available Now

2119 S West View St, Unit A2

2119 S West View StLos Angeles, CA 90016
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Astor Arms
Rent Specials
$1,561 - $2,395

Total Monthly Price

Base Rent$1,561 - $2,395

Total Monthly Price$1,561 - $2,395
Studio to 2 Bedroom Apartments Available Now

Astor Arms

801 S Gramercy DrLos Angeles, CA 90005
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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 1 Bed unit found at Wilton by Category priced from $881. 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 Category204 304 404 504 Private Bedroom 6 Bed 4 Bath D1BR,1BA$881
St. Andrews Place ApartmentsBachelorStudio,1BA$900
Beverly by CategoryPrivate Room in Shared 6 Bed 4 Bath (A)1BR,1BA$1,031
919 S. Manhattan PlStudio A4Studio,1BA$1,195
Park Gramercy Apartments0BR/1.0BAStudio,1BA$1,225
Affordable and Charming StudiosSpecial StudioStudio,1BA$1,295
3900 Ingrahm St.StudioStudio,1BA$1,295
Oxford IStudioStudio,1BA$1,295
1565 S Hobart0BR/1.0BAStudio,1BA$1,295
Wilton Way ApartmentsSTUDIOStudio,1BA$1,325

Best Value Apartments for Rent in Miracle Mile, CA

As of September 03, 2026 the best value apartment in the Miracle Mile area is the $0.60 price per square foot 2119 S West View St Model at 2119 S West View St, Unit A2 in the in the Mid Wilshire neighborhood starting from $1,550. The second greatest value Miracle Mile apartment is the 305 Private Bedroom 6 Bed 4 Bath F Model at Wilton by Category starting at $1,428 with a $0.77 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.
2119 S West View St, Unit A22119 S West View St1BR,1BA$0.60
Wilton by Category305 Private Bedroom 6 Bed 4 Bath F1BR,1BA$0.77
921 1/2 S Hobart Blvd, Unit 921 1/2 S.Hobart Blvd921 1/2 S Hobart Blvd2BR,1.5BA$1.78
6124 Alcott StThreeBedroom3BR,2BA$2.00
2002 S Palm Grove Ave2002 S Palm Grove Ave2BR,1BA$1.88
1246 S Sycamore Ave, Unit Sycamore1246 S Sycamore Ave2BR,1BA$1.92
4702 W 17th StTwo Bed- Two Bath2BR,2BA$1.84
3530 W 7th St2 Bed 2 Bath2BR,2BA$2.08
1920 5th Ave, Unit 1920 19221920 5th Ave2BR,1BA$2.00
400 Gramercy1 Bedroom1BR,1BA$1.99

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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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Pet Friendly Lifestyle
Miracle Mile, Los Angeles, CA

Ranked #10

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,325.

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

The cheapest apartment in Miracle Mile is Wilton by Category which is listed at $881, while the average apartment in Miracle Mile costs $2,995.

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 41 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 $1,012 which is $1,983 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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