Cheap Apartments for Rent in the South park Neighborhood of Los Angeles, CA from $400 (178 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South park 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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property at 2113 Oak St

$1,150 - $8,995

1 To 9 Bedroom Rentals

Available Now

2113 Oak St

Los AngelesCA90007

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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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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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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LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area

Get more breathing room without compromising proximity to LA. Our Los Angeles local expert breaks down the best neighboring cities for renting more affordable apartments with easier commutes.

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South park, Los Angeles, CA Local Guide

Cheapest Available South park Apartments for Rent

 

The cheapest available apartment rental in the South park area of Los Angeles, CA is a 1 Bed unit found at 807 S Flower St priced from $645. 647 18th St has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable South park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
807 S Flower St1B/1B1BR,1BA$645
647 18th StStudio Shared BathroomsStudio,6BA$695
New Genesis ApartmentsStudioStudio,1BA$795
Huntington ApartmentsBachelor StudioStudio,1BA$800
The Sinclair LAModel DStudio,1BA$832
Olympic HotelModel AStudio,1BA$832
Alexandria ApartmentsAlexandria Apartments 35%Studio,1BA$927
The Charleston Apartments- Great Studio and One Bedroom Apartment Home for Rent Near Downtown LA!0 Bed/1 Bath BStudio,1BA$995
Villa MetropolitanoStudioStudio,1BA$1,031
Hope ManorStudioStudio,1BA$1,084

Best Value Apartments for Rent in South park, CA

As of May 25, 2026 the best value apartment in the South park area is the $1.20 price per square foot 621 S Broadway Model at 621 S Broadway, Unit 3 in the in the City West neighborhood starting from $2,650. The second greatest value South park apartment is the 2 Beds 1 Bath Model at Spring Tower Lofts starting at $3,800 with a $1.90 price per square foot in the City West neighborhood. Here is today’s list of the best values for South park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
621 S Broadway, Unit 3621 S Broadway2BR,1BA$1.20
Spring Tower Lofts2 Beds 1 Bath2BR,1BA$1.90
922 W 23rd St3b2b (201)3BR,2BA$2.20
725-729 S Spring StLoftsStudio ,1BA$1.66
Close to everything, far from the ordinary! Live near it all!1BR/1.0BA1BR,1BA$2.07
Gas Company LoftsStudio LoftStudio ,1BA$1.89
Pacific Electric LoftsStudio Bed 1 Bath (lb)Studio ,1BA$1.90
807 S Flower St1B/1B1BR,1BA$0.81
Villa MetropolitanoStudioStudio ,1BA$2.06
Hope ManorStudioStudio ,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.

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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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Best Local Schools in
South Park, Los Angeles, CA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States, including Los Angeles. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap South park Apartments

What is a cheap apartment in South park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South park is under $1,084.

What is the price of a cheap apartment in South park?

The cheapest apartment in South park is 807 S Flower St which is listed at $645, while the average apartment in South park costs $15,911.

What types of apartments are the cheapest in South park?

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 66 regular apartments in South park 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 South park?

Cheap apartments in South park have an average cost of $409 which is $15,502 cheaper than the average rent for all rentals in South park.

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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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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