Cheap Apartments for Rent in the Pico-Union Neighborhood of Los Angeles, CA from $500 (129 Rentals)

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

property at 729 S Union Ave

729 S Union Ave

Los AngelesCA90017

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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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.

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2975 Leeward Apartments
Studio to 1 Bedroom Apartments

2975 Leeward Apartments

2975 Leeward AveLos Angeles, CA 90005
  • Utilities Included

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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Carondelet Court
2 to 3 Bedroom Apartments

Carondelet Court

816 S Carondelet StLos Angeles, CA 90057
Senior Living
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The Sinclair LA
Studio Apartments

The Sinclair LA

2208 W 8th StLos Angeles, CA 90057
  • Utilities Included
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2110 Bonsallo Ave
Studio Apartments

2110 Bonsallo Ave

2110 Bonsallo AveLos Angeles, CA 90007
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631 S Bonnie Brae St
Studio to 2 Bedroom Apartments

631 S Bonnie Brae St

631 S Bonnie Brae StLos Angeles, CA 90057
  • Utilities Included
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Mosaic Apartments
1 to 3 Bedroom Apartments

Mosaic Apartments

1521 W Pico BlvdLos Angeles, CA 90015
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san2749
Studio to 1 Bedroom Apartments

san2749

2749 San Marino StLos Angeles, CA 90006
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1723 James M Wood Blvd
Studio to 1 Bedroom Apartments

1723 James M Wood Blvd

1723 James M Wood BlvdLos Angeles, CA 90015
  • Utilities Included
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2350-2352 Portland St
1 Bedroom Apartments

2350-2352 Portland St

2350-2352 Portland StLos Angeles, CA 90007
Student Housing
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733 S Coronado St
Studio to 2 Bedroom Apartments

733 S Coronado St

733 S Coronado StLos Angeles, CA 90057
  • Utilities Included

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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Pico-Union, Los Angeles, CA Local Guide

Cheapest Available Pico-Union Apartments for Rent

 

The cheapest available apartment rental in the Pico-Union area of Los Angeles, CA is a Studio unit found at 647 18th St priced from $695. Arthur Emery Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $994. Here are the most affordable Pico-Union apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
647 18th StStudio Private BathStudio,1BA$695
Arthur Emery ApartmentsStudioStudio,1BA$994
729 S. Union Ave.Great Studio apartment home for rent near Downt...Studio,1BA$995
Toberman0BR/1.0BAStudio,1BA$1,100
Alvarado ApartmentsStudio 6Studio,1BA$1,145
Waldorf ApartmentsStudioStudio,1BA$1,150
Casas on Cordova StreetStudio 2Studio,1BA$1,187
Heritage 2353One Bedroom Shared Apartment1BR,1BA$1,200
2850 Leeward AveStudioStudio,1BA$1,200

Best Value Apartments for Rent in Pico-Union, CA

As of December 04, 2025 the best value apartment in the Pico-Union area is the $0.23 price per square foot 1500 Arapahoe St Model at 1500 Arapahoe St, Unit 1 in the in the Westlake neighborhood starting from $700. The second greatest value Pico-Union apartment is the 1370 W 24th St Model at 1370 W 24th St, Unit 1370 starting at $2,695 with a $1.93 price per square foot in the Koreatown neighborhood. Here is today’s list of the best values for Pico-Union apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1500 Arapahoe St, Unit 11500 Arapahoe St3BR,3BA$0.23
1370 W 24th St, Unit 13701370 W 24th St3BR,1BA$1.93
1223 Elden Ave, Unit C1223 Elden Ave2BR,2BA$2.24
Magnolia City Lights Apartments2 Bedroom2BR,1.5BA$2.23
916 Carondelet1BR/1BA1BR,1BA$2.27
1288 23rd St1BR/1.0BA1BR,1BA$2.13
1423 Magnolia Ave (Hart Properties, LLC)Studio Apt. w/full kitchen and full bathStudio ,1BA$2.08
bon9210BR/1.0BAStudio ,1BA$2.17
Wicklow CommonStudioStudio ,1BA$2.17
Heritage 2353One Bedroom Shared Apartment1BR,1BA$2.19

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
Pico-Union, Los Angeles, CA

Ranked #71

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
Pico-Union, Los Angeles, CA

School data provided by Great Schools

Getting Around the Pico-Union Neighborhood in Los Angeles, CA

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

81 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Pico-Union Apartments

What is a cheap apartment in Pico-Union?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pico-Union is under $1,200.

What is the price of a cheap apartment in Pico-Union?

The cheapest apartment in Pico-Union is Heritage 2353 which is listed at $1,200, while the average apartment in Pico-Union costs $11,750.

What types of apartments are the cheapest in Pico-Union?

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 46 regular apartments in Pico-Union 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 Pico-Union?

Cheap apartments in Pico-Union have an average cost of $2,373 which is $9,377 cheaper than the average rent for all rentals in Pico-Union.

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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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.

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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!