Cheap Apartments for Rent in the Pico-Union Neighborhood of Los Angeles, CA from $500 (138 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 729 S Union Ave

$995

Studio To 1 Bedroom Rentals

Available Now

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
2975 Leeward Apartments
Studio to 1 Bedroom Apartments

2975 Leeward Apartments

2975 Leeward AveLos Angeles, CA 90005
  • Utilities Included
close
View Me
Carondelet Court
2 to 3 Bedroom Apartments

Carondelet Court

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

The Sinclair LA

2208 W 8th StLos Angeles, CA 90057
  • Utilities Included
close
View Me
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

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.

Read Article
Showing Results 1-50, Page 1 of 3

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 2 Beds unit found at 30Sixty priced from $215. 647 18th St has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Pico-Union apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
30Sixty2 Bed 2 Bath - 958 sqft2BR,2BA$215
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
car9460BR/1.0BAStudio,1BA$999
Toberman0BR/1.0BAStudio,1BA$1,000
EBA0BR/1.0BAStudio,1BA$1,140
Alvarado ApartmentsStudio 6Studio,1BA$1,145
Waldorf ApartmentsStudioStudio,1BA$1,150

Best Value Apartments for Rent in Pico-Union, CA

As of February 05, 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 1135 S Lake St Model at 1135 S Lake St, Unit 1135 Lake starting at $2,350 with a $1.57 price per square foot in the Westlake 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
1135 S Lake St, Unit 1135 Lake1135 S Lake St2BR,1.5BA$1.57
1370 W 24th St, Unit 13701370 W 24th St3BR,1BA$1.93
922 W 23rd St3b2b (201)3BR,2BA$2.20
1248 W 24th St, Unit 11248 W 24th St5BR,4BA$0.96
Heritage 23534BR/2BA4BR,2BA$1.31
1414 W 25th St, Unit 14261414 W 25th St2BR,1BA$2.30
1667 S Westmoreland Blvd, Unit 16691667 S Westmoreland Blvd1BR,1BA$2.21
Magnolia City Lights Apartments2 Bedroom2BR,1.5BA$2.23
Wicklow CommonStudioStudio ,1BA$2.17

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Pico-Union, Los Angeles, CA

Ranked #75

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 $1,150.

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

The cheapest apartment in Pico-Union is 1288 23rd St which is listed at $1,495, while the average apartment in Pico-Union costs $8,400.

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 50 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 $1,177 which is $7,223 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.

Helpful Local Expert Guides

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.

decorative image for A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles article

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles

Written by: Rachel Presser

When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

decorative image for More Than Just Hollywood: A Local Experts Deep Dive into LA Living article

More Than Just Hollywood: A Local Experts Deep Dive into LA Living

Written by: Rachel Presser

Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

Articles, How-To's, and Tips

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.