2023 W 3rd St
Los AngelesCA90057
Cheap Homes for Rent in New Downtown Neighborhood of Los Angeles, CA from $1,500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the New Downtown area of Los Angeles.
115 1/2 N Westlake Ave
Los AngelesCA90026
close
View Me
from $1,8251 Bedroom Apartments Available Now
273 S Bonnie Brae St
273 S Bonnie Brae StLos Angeles, CA 90057
1119 Albany St
Los AngelesCA90015
315 W 5th St
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.
312 W 5th St
Los AngelesCA90013
312 W 5th St
Los AngelesCA90013
125 4th St
Los AngelesCA90013
460 S Spring St
Los AngelesCA90013
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.
901 S Broadway
Los AngelesCA90015
108 W 2nd St, Unit 204
108 W 2nd St
Los AngelesCA90012
312 W 5th St
Los AngelesCA90013
738 Los Angeles St
Los AngelesCA90014
312 W 5th St
Los AngelesCA90013
630 W 6th St
Los AngelesCA90017
146 Witmer St
Los AngelesCA90026
146 Witmer St
Los AngelesCA90026
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.
308 E 9th St
Los AngelesCA90015
Showing Results 1-18, Page 1 of 1
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 | $5,054 | $2,300 | $10,000+ |
| New Downtown 3 Bedroom Homes for Rent | $11,313 | $6,990 | $10,000+ |
| New Downtown 4 Bedroom Homes for Rent | $15,750 | $7,500 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the New Downtown Neighborhood of Los Angeles, CA.
Explore Los Angeles
New Downtown, Los Angeles, CA Local Guide
- Nearby Los Angeles neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. 1723 James M Wood Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $950. 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 |
| 1723 James M Wood Blvd | Studio | Studio,1BA | $950 |
| Lake Valley Apartments | Studio | Studio,1BA | $995 |
| Grand Plaza Senior Apartments | Studio | Studio,1BA | $1,122 |
| Westland @ Regina | Studio | Studio,1BA | $1,175 |
Best Value Apartments for Rent in New Downtown, CA
As of May 25, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 621 S Broadway, Unit 3 | 621 S Broadway | 2BR,1BA | $1.34 |
| Spring Tower Lofts | 3 Beds 1 Bath | 3BR,1BA | $1.90 |
| 800 New Depot St, Unit 1 | 800 New Depot St | 3BR,2BA | $2.20 |
| The Mercantile Lofts | 1 Bedroom Loft - Plan 3 | 1BR,1BA | $1.73 |
| City Lofts | Studio | Studio ,1BA | $1.95 |
| HB | 0BR/1.0BA | Studio ,1BA | $1.91 |
| 448 S Lake St, Unit 13 | 448 S Lake St | Studio ,1BA | $1.76 |
| Randolph Lofts | 1 Bedroom 1 Bath | 1BR,1BA | $2.14 |
| Lakeview Apartments | 1 bedroom 1 bath | 1BR,1BA | $2.06 |
| 807 S Flower St | 1B/1B | 1BR,1BA | $0.81 |
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.
Let everyone know!
Do you know the New Downtown area?
If you’re an expert on all things New Downtown, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about New Downtown
What type of rentals are currently available in New Downtown?
There are currently 1020 Apartments for Rent in New Downtown, CA with pricing that ranges from $645 to $43,550. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Downtown ranging from $1,595 to $24,000.
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 $1,595 to $24,000 with an average monthly rent of $7,533.
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 $2,595 to $43,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $6,990 to $16,500. Four Bedroom Single-Family rentals are also available starting from $7,500 and Four Bedroom Apartments start at $3,850.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.