Cheap Apartments for Rent in the Miracle Mile Neighborhood of Los Angeles, CA from $700 (321 Rentals)

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

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

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.

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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.

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property at 426 Serrano Ave

426 Serrano Ave

Los AngelesCA90020
property at 920 S Hobart Blvd

920 S Hobart Blvd

Los AngelesCA90006
property at 238 Serrano Ave

238 Serrano Ave

Los AngelesCA90004

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Showing Results 1-50, Page 1 of 7

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 Studio unit found at St. Andrews Place Apartments priced from $900. 1101 S Norton Ave has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Miracle Mile apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
St. Andrews Place ApartmentsBachelorStudio,1BA$900
1101 S Norton AveStudioStudio,1BA$950
817 S. St. Andrews Pl0BR/1.0BAStudio,1BA$1,225
919 S. Manhattan PlStudio B1Studio,1BA$1,249
Beverly by CategoryPrivate Room in Shared 6 Bed 4 Bath (B)1BR,1BA$1,289
Park Gramercy ApartmentsSTUDIOStudio,1BA$1,295
984 S. Oxford Avenue,0x1Studio,1BA$1,295
Oxford Avenue ApartmentsStudioStudio,1BA$1,295
wil15180BR/1.0BAStudio,1BA$1,350
WSP 1310 Wilton LLCSTUDIOStudio,1BA$1,370

Best Value Apartments for Rent in Miracle Mile, CA

As of October 01, 2025 the best value apartment in the Miracle Mile area is the $1.75 price per square foot 1 Bed, 1 bath Model at 3520 W 12th St in the in the Mid Wilshire neighborhood starting from $3,500. The second greatest value Miracle Mile apartment is the ThreeBedroom Model at 6124 Alcott St starting at $3,500 with a $2.00 price per square foot in the Mid Wilshire 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.
3520 W 12th St1 Bed, 1 bath1BR,1BA$1.75
6124 Alcott StThreeBedroom3BR,2BA$2.00
1824 S Highland Ave, Unit 1826 and half1824 S Highland Ave3BR,2BA$2.13
1329 S Highland Ave, Unit 13291329 S Highland Ave2BR,1BA$1.93
Burnside ApartmentsTwo Bedroom loft with private roof deck2BR,2BA$1.93
4702 W 17th StTwo Bed- Two Bath2BR,2BA$1.65
2301 S Ridgeley Dr2 Bed + 1 Bath2BR,1BA$2.04
512 S. Hobart Blvd.One Bedroom1BR,1BA$1.70
5937 Burchard Ave, Unit 59375937 Burchard Ave2BR,1BA$2.08
1101 S Norton AveStudioStudio ,1BA$1.90

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Miracle Mile, Los Angeles, CA

Ranked #12

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!

Getting Around the Miracle Mile Neighborhood in Los Angeles, CA

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

64 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,370.

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 $1,289, while the average apartment in Miracle Mile costs $8,505.

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 87 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 $405 which is $8,100 cheaper than the average rent for all rentals in Miracle Mile.

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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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.