
Cheap Apartments for Rent in the New Downtown Neighborhood of Los Angeles, CA from $300 (167 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the New Downtown area of Los Angeles.


463 South Hartford Ave.

The President Apartments

The Collective

The Flat

1019 Albany St, Unit 6

416 S Burlington Ave, Unit 1/2

1517 W 12th Pl

465 1/2 N Boylston St, Unit 463 1.4

Santa Fe Lofts
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.

734 Valencia St, Unit 205

Lakeview Mansion

Total Monthly Price
1411 W 3rd St, Unit #1, Unit #1

Total Monthly Price
201 Toluca N St, Unit 12, Unit 12

1243 W 6th St

Avant

The Lofts at the Security Building Apartments

Pegasus

152 S Alvarado St

316 Columbia Ave
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.

Total Monthly Price
258 Witmer St, Unit 258, Unit 258

The Jeffries

Crystal House Apartments

Pacific Electric Lofts

430 S Broadway, Unit 307

The Broadway Lofts

430 S Broadway, Unit 511

Total Monthly Price
255 Grand

The Chapman Flats

Belmont Station
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Tuscani Villas

Bixel at Fifth

460 S Spring St, Unit 1207, Unit 1207

460 S Spring St

OLiVE DTLA

Jewelry Trades Building

Tailor Lofts

Marion Hotel Apartments

King Edward

Ballington Plaza
Los Angeles's Best Affordable Neighborhoods
Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

1511 W 4th

553 Ceres Ave

631 S Bonnie Brae St

Bristol Apartments

1220 S Olive St

Bonnie Brae Village

1329 W. 5th St.

Royal Viking

225 S Burlington Ave Apartments

Lake Valley Apartments
New Downtown, Los Angeles, CA Local Guide

How much does it cost to rent an apartment in New Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Downtown Studio Apartments | $2,170 | $745 | $5,000 |
| New Downtown 1 Bedroom Apartments | $2,829 | $645 | $6,192 |
| New Downtown 2 Bedroom Apartments | $3,960 | $1,925 | $10,000+ |
| New Downtown 3 Bedroom Apartments | $8,420 | $2,350 | $10,000+ |
| New Downtown 4 Bedroom Apartments | $15,290 | $2,800 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 167 rentals with your search options within a 1 mile radius of the New Downtown Neighborhood of Los Angeles, CA.
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Frequently Asked Questions about Cheap New Downtown Apartments
What is a cheap apartment in New Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New Downtown is under $1,150.
What is the price of a cheap apartment in New Downtown?
The cheapest apartment in New Downtown is 807 S Flower St which is listed at $645, while the average apartment in New Downtown costs $14,180.
What types of apartments are the cheapest in New Downtown?
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 48 regular apartments in New Downtown 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 New Downtown?
Cheap apartments in New Downtown have an average cost of $103 which is $14,077 cheaper than the average rent for all rentals in New Downtown.
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

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.

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Written by: Rachel Presser
When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

More Than Just Hollywood: A Local Experts Deep Dive into LA Living
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

The LA Price Check: Separating Cost of Living Myth from Reality
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.