Cheap Homes for Rent in New Downtown Neighborhood of Los Angeles, CA from $1,000 (41 Rentals)
Search the lowest-cost Homes available for rent right now in the New Downtown area of Los Angeles.

625 S Burlington Ave

744 Beacon Ave

744 Beacon Ave

744 Beacon Ave

744 Beacon Ave
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.

915 Grattan St

507 Loma Dr

415 S Westlake Ave

341 S Alvarado St
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.

734 S Valencia St

1913 W 2nd St

1911 W 2nd St

1915 W 2nd St

927 Beacon Ave

412 S Burlington Ave

430 S Broadway

432 S Broadway
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.

326 S Westlake Ave

326 S Westlake Ave

432 S Broadway

430 S Broadway

430 S Broadway

460 S Spring St, Unit 1207

1249 S Grand Ave
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.

312 W 5th St

1119 Albany St

907 S Broadway

907 S Broadway

275 Lucas Ave

215 W 7th St
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.

125 4th St
New Downtown, Los Angeles, CA Local Guide

How much does it cost to rent a home in New Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Downtown 2 Bedroom Homes for Rent | $4,489 | $2,300 | $10,000+ |
New Downtown 3 Bedroom Homes for Rent | $5,342 | $3,695 | $6,990 |
Browse Homes for Rent in this Neighborhood
There are currently 41 rentals with your search options within a 1 mile radius of the New Downtown Neighborhood of Los Angeles, CA.
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New Downtown, Los Angeles, CA Local Guide
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Cheapest Available New Downtown Apartments for Rent
 The cheapest available apartment rental in the New Downtown area of Los Angeles, CA is a 1 Bed unit found at 807 S Flower St priced from $645. Lake Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable New Downtown apartments for rent in Los Angeles, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
807 S Flower St | 1B/1B | 1BR,1BA | $645 |
Lake Valley Apartments | Studio | Studio,1BA | $1,050 |
Westland @ Regina | Studio | Studio,1BA | $1,175 |
427 S Alvarado St | Studio + 1 Bath | Studio,1BA | $1,195 |
Waldorf Apartments | Studio | Studio,1BA | $1,200 |
Landmark Towers | Efficiency Unit | Studio,1BA | $1,205 |
San Lucas Apartments Age 62+ | Studio | Studio,1BA | $1,225 |
Wicklow Common | Studio | Studio,1BA | $1,250 |
Commodore Regency Apartments | Studio | Studio,1BA | $1,295 |
Best Value Apartments for Rent in New Downtown, CA
As of September 18, 2025 the best value apartment in the New Downtown area is the $0.90 price per square foot 1711 Miramar St Model at 1711 Miramar St in the in the City West neighborhood starting from $2,200. The second greatest value New Downtown apartment is the 621 S Broadway Model at 621 S Broadway, Unit 3 starting at $2,950 with a $1.34 price per square foot in the City West neighborhood. Here is today’s list of the best values for New Downtown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1711 Miramar St | 1711 Miramar St | 1BR,1BA | $0.90 |
621 S Broadway, Unit 3 | 621 S Broadway | 2BR,1BA | $1.34 |
Spring Tower Lofts | 3 Beds 1 Bath | 3BR,1BA | $1.90 |
Tailor Lofts | Studio/1 Bed 1Bath | Studio ,1BA | $1.83 |
Marley Lofts | 2 Bedroom 2 Bath | 2BR,2BA | $2.15 |
1154 Bellevue Ave | One Bedroom Loft | 1BR,1BA | $2.11 |
City Lofts | Studio | Studio ,1BA | $2.16 |
Crystal House Apartments | 1 BD/ 1BA | 1BR,1BA | $2.06 |
Lakeview Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.99 |
807 S Flower St | 1B/1B | 1BR,1BA | $0.81 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNew Downtown, Los Angeles, CA
Ranked #20
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about New Downtown
What type of rentals are currently available in New Downtown?
There are currently 1019 Apartments for Rent in New Downtown, CA with pricing that ranges from $645 to $43,550. There are also 141 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Downtown ranging from $1,056 to $14,999.
What is the current price range for Rental Homes in New Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Downtown ranges from $1,056 to $14,999 with an average monthly rent of $3,583.
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.

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.

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.