Cheap Homes for Rent in New Downtown Neighborhood of Los Angeles, CA from $1,100 (31 Rentals)

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Search the lowest-cost Homes available for rent right now in the New Downtown 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.

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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 250 Loma Dr

250 Loma Dr

Los AngelesCA90026
property at 744 Beacon Ave

744 Beacon Ave

Los AngelesCA90017

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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property at 430 S Broadway

430 S Broadway

Los AngelesCA90013

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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property at 312 W 5th St

312 W 5th St

Los AngelesCA90013
property at 312 W 5th St

312 W 5th St

Los AngelesCA90013
property at 312 W 5th St

312 W 5th St

Los AngelesCA90013
Showing Results 1-31, Page 1 of 1

New Downtown, Los Angeles, CA Local Guide

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. Alexandria Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $927. Here are the most affordable New Downtown apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
807 S Flower St1B/1B1BR,1BA$645
Alexandria ApartmentsAlexandria Apartments 35%Studio,1BA$927
729 S. Union Ave.Great Studio apartment home for rent near Downt...Studio,1BA$995
Broadway FlatsStudioStudio,1BA$1,119
EBA0BR/1.0BAStudio,1BA$1,140
Waldorf ApartmentsStudioStudio,1BA$1,150
Westland @ ReginaStudioStudio,1BA$1,175
Royal VikingStudio 7Studio,1BA$1,187
Landmark TowersEfficiency UnitStudio,1BA$1,205

Best Value Apartments for Rent in New Downtown, CA

As of November 13, 2025 the best value apartment in the New Downtown area is the $1.34 price per square foot 621 S Broadway Model at 621 S Broadway, Unit 3 in the in the City West neighborhood starting from $2,950. The second greatest value New Downtown apartment is the 3 Beds 1 Bath Model at Spring Tower Lofts starting at $3,800 with a $1.90 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 ListingModel NameBed/BathPrice Per Sq.Ft.
621 S Broadway, Unit 3621 S Broadway2BR,1BA$1.34
Spring Tower Lofts3 Beds 1 Bath3BR,1BA$1.90
Ames Lofts1 Bed 2 Bath1BR,2BA$1.87
720 Bartlett St2 Bedroom 1 Bath2BR,1BA$1.73
Close to everything, far from the ordinary1BR/1.0BA1BR,1BA$2.07
Rosslyn Lofts ApartmentsLoft GStudio ,1BA$1.88
Lakeview Apartments2 bedroom 2 bath2BR,2BA$2.10
Hellman Lofts0BR/1.0BAStudio ,1BA$2.03
Crystal House Apartments1 BD/ 1BA1BR,1BA$2.00
807 S Flower St1B/1B1BR,1BA$0.81

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
New Downtown, Los Angeles, CA

Ranked #20

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 New Downtown

What type of rentals are currently available in New Downtown?

There are currently 1028 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 $1,187 to $20,500.

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 $1,187 to $20,500 with an average monthly rent of $5,917.

How much are larger Three and Four Bedroom Rentals in New Downtown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Downtown range from $2,699 to $43,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,735 to $9,999. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $2,750.

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.

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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.