
Cheap Homes for Rent in New Downtown Neighborhood of Los Angeles, CA from $900 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the New Downtown area of Los Angeles.


927 W College St

933 Grattan St

692 Valencia St

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.

341 S Alvarado St

744 Beacon Ave

341 S Alvarado St

744 Beacon Ave

744 Beacon Ave

744 Beacon Ave

1026 Ingraham 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.

1416 W Olympic Blvd

412 S Lake St

250 Loma Dr

734 Valencia St

913 Grattan St

227 S Bonnie Brae St

1019 Albany St
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.

1216 W Court St

744 Beacon Ave

1911 W 2nd St

428 S Grand View St

255 Loma Dr

430 S Broadway

460 S Spring St, Unit 1207
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.

316 Columbia Ave
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 | $3,244 | $2,103 | $8,790 |
| New Downtown 3 Bedroom Homes for Rent | $3,568 | $2,490 | $5,700 |
| New Downtown 4 Bedroom Homes for Rent | $3,850 | $3,850 | $3,850 |
Browse Homes for Rent in this Neighborhood
There are currently 29 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
- Nearby Los Angeles neighborhoods
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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. New Genesis Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. 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 |
| New Genesis Apartments | Studio | Studio,1BA | $795 |
| Huntington Apartments | Bachelor Studio | Studio,1BA | $800 |
| Alexandria Apartments | Alexandria Apartments 35% | Studio,1BA | $927 |
| 729 S. Union Ave. | Great Studio apartment home for rent near Downt... | Studio,1BA | $995 |
| Commodore Regency Apartments | Studio | Studio,1BA | $1,095 |
| Royal Viking | Studio 2 | Studio,1BA | $1,095 |
| Broadway Flats | Studio | Studio,1BA | $1,119 |
| Waldorf Apartments | Studio | Studio,1BA | $1,150 |
Best Value Apartments for Rent in New Downtown, CA
As of February 26, 2026 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 5 bedroom / 2 bath Plan P Model at Tailor Lofts starting at $3,900 with a $1.98 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. |
|---|---|---|---|
| 621 S Broadway, Unit 3 | 621 S Broadway | 2BR,1BA | $1.34 |
| Tailor Lofts | 5 bedroom / 2 bath Plan P | 5BR,2BA | $1.98 |
| Hellman Lofts | 0BR/1.0BA | Studio ,1BA | $2.24 |
| Gas Company Lofts | Open One Bedroom Loft | 1BR,1BA | $2.20 |
| City Lofts | Studio | Studio ,1BA | $2.16 |
| Lakeview Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.99 |
| 807 S Flower St | 1B/1B | 1BR,1BA | $0.81 |
| Wicklow Common | Studio | Studio ,1BA | $2.17 |
| 1927 6th W St, Unit 405 | 1927 6th W St | Studio ,1BA | $1.83 |
| 415 S Grand View St, Unit Grand View | 415 S Grand View St | Studio ,1BA | $2.28 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleA 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
Read ArticleQuick 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.
Pet Friendly LifestyleNew Downtown, Los Angeles, CA
Ranked #19
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 1029 Apartments for Rent in New Downtown, CA with pricing that ranges from $645 to $43,550. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Downtown ranging from $900 to $8,790.
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 $900 to $8,790 with an average monthly rent of $3,017.
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 $2,375 to $43,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,490 to $5,700. Four Bedroom Single-Family rentals are also available starting from $3,850 and Four Bedroom Apartments start at $2,800.
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.
Articles, How-To's, and Tips

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.

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.