Cheap Homes for Rent in Miracle Mile Neighborhood of Los Angeles, CA from $800 (59 Rentals)

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

property at 634 S Gramercy Pl

$1,199 - $2,515

Studio To 2 Bedroom Rentals

Available Now

634 S Gramercy Pl

Los AngelesCA90005

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 814 S Hobart Blvd

$1,385 - $1,485

Studio To 44 Bedroom Rentals

Available Now

814 S Hobart Blvd

Los AngelesCA90005

More Than Just Hollywood: A Local Expert's Deep Dive into LA Living

Moving to Los Angeles? Get an insider's view on desirable neighborhoods like Koreatown, Los Feliz, and NELA, plus crucial insight on LA's vast sprawl and transit.

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property at 1505 Cochran Ave

$1,650 - $2,800

1 To 3 Bedroom Rentals

Available Now

1505 Cochran Ave

Los AngelesCA90019

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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. Wilton by Category has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,031. 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
Wilton by Category601 Private Bedroom 4 Bed 2 Bath K1BR,1BA$1,031
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (A)1BR,1BA$1,082
Oxford Avenue ApartmentsStudioStudio,1BA$1,095
Oxford SuitesStudio 5Studio,1BA$1,145
919 S. Manhattan PlApartment D1Studio,1BA$1,249
Gramercy Tower LLCBACHELORStudio,1BA$1,279
984 S. Oxford Avenue,0x1Studio,1BA$1,295
Park Gramercy ApartmentsSTUDIOStudio,1BA$1,295
Beverly BoulevardStudioStudio,1BA$1,300

Best Value Apartments for Rent in Miracle Mile, CA

As of December 31, 2025 the best value apartment in the Miracle Mile area is the $0.58 price per square foot Private Room in Shared 6 Bed 5 Bath (A) Model at Beverly by Category in the in the Wilshire Center neighborhood starting from $1,082. The second greatest value Miracle Mile apartment is the 1 Bed 1 Bath Model at 736 S Genesee Ave starting at $2,995 with a $1.87 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.
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (A)1BR,1BA$0.58
736 S Genesee Ave1 Bed 1 Bath1BR,1BA$1.87
Burnside ApartmentsTwo Bedroom loft with private roof deck2BR,2BA$1.93
2236 Hauser blvd, Unit unit 42236 Hauser blvd3BR,2BA$2.14
4702 W 17th StTwo Bed- Two Bath2BR,2BA$1.65
1414 S Orange Grove Ave, Unit 51414 S Orange Grove Ave2BR,1.5BA$2.21
2301 S Ridgeley Dr2 Bed + 1 Bath2BR,1BA$2.04
5968 San Vicente Blvd, Unit 15968 San Vicente Blvd1BR,1BA$2.18
Blackburn ApartmentsLower Level1BR,1BA$2.22
512 S. Hobart Blvd.One Bed One Bath1BR,1BA$2.17

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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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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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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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
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 4036 Apartments for Rent in Miracle Mile, CA with pricing that ranges from $557 to $15,000. There are also 451 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miracle Mile ranging from $895 to $32,000.

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 $895 to $32,000 with an average monthly rent of $9,536.

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 $2,900 to $10,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $15,999. Four Bedroom Single-Family rentals are also available starting from $3,895 and Four Bedroom Apartments start at $3,645.

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

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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

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Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!