Cheap Apartments for Rent in the Palms Neighborhood of Los Angeles, CA from $1,200 (337 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Palms area of Los Angeles.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Palms, Los Angeles, CA Local Guide

Cheapest Available Palms Apartments for Rent

 

The cheapest available apartment rental in the Palms area of Los Angeles, CA is a Studio unit found at Palms Caribbean Apartments priced from $1,295. 3721 Midvale Ave has the second lowest priced unit, which is a Studio apartment currently listed from $1,495. Here are the most affordable Palms apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Palms Caribbean ApartmentsEfficiency With No Kitchen Or ParkingStudio,1BA$1,295
3721 Midvale AveStudioStudio,1BA$1,495
3330 ApartmentsStudioStudio,1BA$1,550
Casa SerranaLayout "C"Studio,1BA$1,600
3747 Sepulveda BlvdStudioStudio,1BA$1,650
3509 Mentone AveGuest houseStudio,1BA$1,650
WA0BR/1.0BAStudio,1BA$1,690
sep3730BR/1.0BAStudio,1BA$1,750

Best Value Apartments for Rent in Palms, CA

As of April 09, 2026 the best value apartment in the Palms area is the $2.64 price per square foot 4 bed + Loft Model at 3640 Westwood Blvd in the in the Culver Crest neighborhood starting from $4,495. The second greatest value Palms apartment is the 4Bed/3Bath + Loft Model at 3670 Midvale Ave starting at $4,495 with a $2.64 price per square foot in the Culver Crest neighborhood. Here is today’s list of the best values for Palms apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3640 Westwood Blvd4 bed + Loft4BR,3BA$2.64
3670 Midvale Ave4Bed/3Bath + Loft4BR,3BA$2.64
Hughes Towers Apartments2 bed 2 bath2BR,2BA$2.59
10856 Rose Avenue,2x22BR,2BA$2.44
10250 Palms Blvd.2BR/1.0BA2BR,1BA$2.20
10920 Palms BlvdOne Bedroom1BR,1BA$2.58
10122 Palms1 Bed/1 Bath1BR,1BA$2.74
3117 Bagley Ave, Unit 3717-23117 Bagley Ave1BR,1BA$2.74
10961 Palms Blvd1 Bedroom and 1 Bath1BR,1BA$2.73
3519 Clarington Ave1 Bed/1 Bath1BR,1BA$2.69

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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
Palms, Los Angeles, CA

Ranked #26

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Palms, Los Angeles, CA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States and customized analysis for South Los Angeles, CA. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, apartment complexes for the kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Palms Apartments

What is a cheap apartment in Palms?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Palms is under $1,750.

What is the price of a cheap apartment in Palms?

The cheapest apartment in Palms is 10300 National Blvd which is listed at $1,795, while the average apartment in Palms costs $4,980.

What types of apartments are the cheapest in Palms?

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 36 regular apartments in Palms 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 Palms?

Cheap apartments in Palms have an average cost of $356 which is $4,624 cheaper than the average rent for all rentals in Palms.

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.

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