Cheap Homes for Rent in Miracle Mile Neighborhood of Los Angeles, CA from $800 (87 Rentals)

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

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.

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.

property at 835 S Oxford Ave

835 S Oxford Ave

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.

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.

property at 665 Cochran Ave

665 Cochran Ave

Los AngelesCA90036
property at 603 Cochran Ave

603 Cochran Ave

Los AngelesCA90036

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.

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. Gramercy Tower LLC has the second lowest priced unit, which is a Studio apartment currently listed from $1,188. 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
Gramercy Tower LLCBACHELORStudio,1BA$1,188
Oxford Avenue ApartmentsStudioStudio,1BA$1,195
919 S. Manhattan PlStudio B2Studio,1BA$1,249
Park Gramercy ApartmentsSTUDIOStudio,1BA$1,295
St. Andrews Manor Apartments - Charming ApartmentsStudioStudio,1BA$1,295
Beverly BoulevardStudioStudio,1BA$1,295
984 S. Oxford Avenue,0x1Studio,1BA$1,295
Affordable and Charming StudiosiSpecial StudioStudio,1BA$1,295

Best Value Apartments for Rent in Miracle Mile, CA

As of November 14, 2025 the best value apartment in the Miracle Mile area is the $0.33 price per square foot 407 N Sycamore Ave Model at 407 N Sycamore Ave, Unit Beautiful Two Bedroom in the in the Mid Wilshire neighborhood starting from $3,000. 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 $1,272 with a $0.69 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.
407 N Sycamore Ave, Unit Beautiful Two Bedroom407 N Sycamore Ave1BR,1BA$0.33
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (B)1BR,1BA$0.69
464 N Stanley1 Bed 1 Bath1BR,1BA$1.75
Burnside ApartmentsTwo Bedroom loft with private roof deck2BR,2BA$1.93
5222 W Olympic Blvd, Unit 52225222 W Olympic Blvd2BR,1BA$1.97
4702 W 17th StTwo Bed- Two Bath2BR,2BA$1.65
2111 6th Ave2111 6th Ave1BR,1BA$1.92
1916 S Longwood Ave, Unit 31916 S Longwood Ave1BR,1BA$1.92
2301 S Ridgeley Dr2 Bed + 1 Bath2BR,1BA$2.04
2486 Venice Blvd, Unit 042486 Venice BlvdStudio ,1BA$1.81

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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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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Frequently Asked Questions about Miracle Mile

What type of rentals are currently available in Miracle Mile?

There are currently 4059 Apartments for Rent in Miracle Mile, CA with pricing that ranges from $780 to $16,000. There are also 540 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miracle Mile ranging from $895 to $49,950.

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 $49,950 with an average monthly rent of $10,647.

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 $2,995 to $8,995, 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 $4,115 and Four Bedroom Apartments start at $3,795.

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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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! 

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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.