Cheap Homes for Rent in Miracle Mile Neighborhood of Los Angeles, CA from $1,100 (79 Rentals)

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Search the lowest-cost Homes 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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property at 835 S Oxford Ave

835 S Oxford Ave

Los AngelesCA90005
property at 535 S Gramercy Pl

535 S Gramercy Pl

Los AngelesCA90020

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 456 S Harvard Blvd

456 S Harvard Blvd

Los AngelesCA90020
property at 634 S Gramercy Pl

634 S Gramercy Pl

Los AngelesCA90005
property at 665 Cochran Ave

665 Cochran Ave

Los AngelesCA90036

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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property at 620 S Gramercy Pl

620 S Gramercy Pl

Los AngelesCA90005

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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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
1 & 2 Bedroom Apartment in KoreaTown, Los Beautiful Bachelor ApartmentsStudio,1BA$1,195
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
984 S. Oxford Avenue,0x1Studio,1BA$1,295
Park Gramercy ApartmentsSTUDIOStudio,1BA$1,295
238 South Serrano Ave0BR/1.0BAStudio,1BA$1,325
wil15180BR/1.0BAStudio,1BA$1,350

Best Value Apartments for Rent in Miracle Mile, CA

As of September 19, 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
Burnside ApartmentsTwo Bedroom loft with private roof deck2BR,2BA$1.93
2236 Hauser blvd, Unit 42236 Hauser blvd3BR,2BA$2.14
4702 W 17th StTwo Bed- Two Bath2BR,2BA$1.65
951 S. Oxford2BR/2.0BA2BR,2BA$1.86
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

Frequently Asked Questions about Miracle Mile

What type of rentals are currently available in Miracle Mile?

There are currently 4070 Apartments for Rent in Miracle Mile, CA with pricing that ranges from $900 to $15,000. There are also 503 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miracle Mile ranging from $1,106 to $60,000.

What is the current price range for Rental Homes in Miracle Mile?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Miracle Mile ranges from $1,106 to $60,000 with an average monthly rent of $15,881.

How much are larger Three and Four Bedroom Rentals in Miracle Mile?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Miracle Mile range from $1,124 to $10,623, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $18,995. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $1,329.

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.

decorative image for The 10 Best Affordable Neighborhoods in Los Angeles, CA article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.