Cheap Homes for Rent in Palms Neighborhood of Los Angeles, CA from $1,300 (20 Rentals)

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

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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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 11133 Rose Ave

11133 Rose Ave

Los AngelesCA90034

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.

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property at 3657 Motor

3657 Motor

Los AngelesCA90034
property at 3688 Overland Ave

3688 Overland Ave

Los AngelesCA90034
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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 Sepulveda Court priced from $1,295. 3659 Overland Ave has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable Palms apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Sepulveda CourtBachelor Efficiency NO KITCHENStudio,1BA$1,295
3659 Overland AveZEROStudio,1BA$1,395
MV Coliving by CLGPrivate suite/Shared Bath/Shared apartment1BR,1BA$1,495
3685 Jasmine AveUnit 3Studio,1BA$1,700
Overland ApartmentsStudioStudio,1BA$1,750

Best Value Apartments for Rent in Palms, CA

As of June 20, 2025 the best value apartment in the Palms area is the $2.50 price per square foot 8637 Olin St Model at 8637 Olin St, Unit 3 in the in the Mid Wilshire neighborhood starting from $5,500. The second greatest value Palms apartment is the 6024 Ernest Ave Model at 6024 Ernest Ave, Unit 6024 starting at $2,400 with a $1.92 price per square foot in the Mid Wilshire 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.
8637 Olin St, Unit 38637 Olin St3BR,3.5BA$2.50
6024 Ernest Ave, Unit 60246024 Ernest Ave1BR,1BA$1.92
10571 National Blvd, Unit D10571 National Blvd2BR,1BA$2.21
2820 Sawtelle Blvd2BR/2.0BA2BR,2BA$2.58
3813 Prospect Ave2 BR2BR,1BA$2.42
10856 Rose Avenue,2x22BR,2BA$2.63
CHPN2BR/1.0BA2BR,1BA$2.52
3719 Sawtelle Blvd, Unit atinaproperties@gmail.com3719 Sawtelle Blvd2BR,1BA$2.63
3674 Empire Dr2BR2BR,1.5BA$2.71
Hughes Avenue Apartments1 Bedroom, 1 Bath1BR,1BA$2.53

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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Frequently Asked Questions about Palms

What type of rentals are currently available in Palms?

There are currently 1655 Apartments for Rent in Palms, CA with pricing that ranges from $1,295 to $6,950. There are also 117 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palms ranging from $1,350 to $34,000.

What is the current price range for Rental Homes in Palms?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palms ranges from $1,350 to $34,000 with an average monthly rent of $8,448.

How much are larger Three and Four Bedroom Rentals in Palms?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palms range from $3,400 to $6,389, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,275 to $11,000. Four Bedroom Single-Family rentals are also available starting from $5,885 and Four Bedroom Apartments start at $4,995.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.