Cheap Apartments for Rent in the Pico-Union Neighborhood of Los Angeles, CA from $500 (235 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 1819 Arapahoe St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

3 Bedroom, 3 Bath Townhome for Rent

Available Now

1819 Arapahoe St, Unit 1

1819 Arapahoe St
Los AngelesCA90006

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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property at 2679 Menlo Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 2 Bath Home for Rent

Available Now

2679 Menlo Ave

Los AngelesCA90007
property at 2121 James M Wood Blvd

$1,089

Studio, 1 Bath Rentals

Available Now

120

2121 James M Wood Blvd
Los AngelesCA90006

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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property at 1513 W 12th Pl

$1,190

1 Bedroom, 1 Bath Rentals

Available Now

3

1513 W 12th Pl
Los AngelesCA90015

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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property at 1726 W 22nd St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 2 Bath Home for Rent

Available Now

1726 W 22nd St

Los AngelesCA90007

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 5

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. The Sinclair LA has the second lowest priced unit, which is a Studio apartment currently listed from $832. Here are the most affordable Pico-Union apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
647 18th StStudio Shared BathroomsStudio,6BA$695
The Sinclair LAModel DStudio,1BA$832
Olympic HotelModel AStudio,1BA$832
The Charleston Apartments0 Bed/1 Bath BStudio,1BA$995
Heritage 23531BR/1BA1BR,1BA$1,050
526 S Union Avenue0+1Studio,1BA$1,095
car9460BR/1.0BAStudio,1BA$1,099
2600 S Catalina StPRIVATE BEDROOM - SHARED UNIT1BR,1BA$1,100
Haddon HallBachelorStudio,1BA$1,145

Best Value Apartments for Rent in Pico-Union, CA

As of June 22, 2026 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 3b2b (201) Model at 922 W 23rd St starting at $2,990 with a $2.20 price per square foot in the Southeast Los Angeles 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
922 W 23rd St3b2b (201)3BR,2BA$2.20
1145 1/2 S Kenmore Ave, Unit 1145 1/21145 1/2 S Kenmore Ave2BR,1.5BA$1.90
845 S. Kingsley3BR/1.5BA3BR,1.5BA$2.25
Francis Bliss2bed townhome2BR,2.5BA$2.31
Premium Phoenix ApartmentsOrion 1421 Adams Floorplan C13 (No balcony) (50...3BR,2BA$1.06
2637 S Catalina St, Unit 12637 S Catalina St1BR,1BA$2.25
Grattan GatesStudioStudio ,1BA$2.33
The Ritz ApartmentsStudioStudio ,1BA$2.20
Heritage 23531BR/1BA1BR,1BA$1.91

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #70

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Pico-Union, Los Angeles, CA

School data provided by Great Schools

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 $1,145.

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

The cheapest apartment in Pico-Union is Heritage 2353 which is listed at $1,050, while the average apartment in Pico-Union costs $2,990.

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 52 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 $848 which is $2,142 cheaper than the average rent for all rentals in Pico-Union.

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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