Cheap Apartments for Rent in the Wilshire Neighborhood of Los Angeles, CA from $500 (187 Rentals)

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

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property at 238 Serrano Ave

$1,325 - $1,498

Studio Rentals

Available Now

238 Serrano Ave

Los AngelesCA90004

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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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Wilshire, Los Angeles, CA Local Guide

Cheapest Available Wilshire Apartments for Rent

 

The cheapest available apartment rental in the Wilshire area of Los Angeles, CA is a Studio unit found at St. Andrews Place Apartments priced from $900. Wilton by Category has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,031. Here are the most affordable Wilshire apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
St. Andrews Place ApartmentsBachelorStudio,1BA$900
Wilton by Category601 Private Bedroom 4 Bed 2 Bath K1BR,1BA$1,031
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (A)1BR,1BA$1,082
Oxford Avenue ApartmentsStudioStudio,1BA$1,095
Edgemont ApartmentsBachelorStudio,1BA$1,195
919 S. Manhattan PlApartment D1Studio,1BA$1,249
Kipling ApartmentsA1LStudio,1BA$1,250
Gramercy Tower LLCBACHELORStudio,1BA$1,279
IRO - Irolo ApartmentsStudio - VLIStudio,1BA$1,290
Park Gramercy ApartmentsSTUDIOStudio,1BA$1,295

Best Value Apartments for Rent in Wilshire, CA

As of December 31, 2025 the best value apartment in the Wilshire area is the $2.33 price per square foot 3 Beds, 3 baths Model at 4327 Francis Ave in the in the Mid Wilshire neighborhood starting from $7,000. The second greatest value Wilshire apartment is the Private Room in Shared 6 Bed 5 Bath (A) Model at Beverly by Category starting at $1,082 with a $0.58 price per square foot in the Wilshire Center neighborhood. Here is today’s list of the best values for Wilshire apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4327 Francis Ave3 Beds, 3 baths3BR,3BA$2.33
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (A)1BR,1BA$0.58
335 N Mariposa Ave, Unit #4335 N Mariposa Ave2BR,2BA$1.93
Modern & Stylish 2-Bedroom Apartment... Great Location!2 bedroom 1 bath2BR,1BA$2.40
512 S. Hobart Blvd.One Bed One Bath1BR,1BA$2.17
Victoria Apartments1 Bedroom1BR,1BA$2.35
123 S St Andrews Pl, Unit #12123 S St Andrews Pl1BR,1BA$2.40
Regency Palm CourtPlan 1A1BR,1BA$2.42
616 N HobartStudioStudio ,1BA$1.16
238 South Serrano Ave0BR/1.0BAStudio ,1BA$2.41

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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
Wilshire, Los Angeles, CA

Ranked #31

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Los Angeles. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Wilshire Apartments

What is a cheap apartment in Wilshire?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wilshire is under $1,295.

What is the price of a cheap apartment in Wilshire?

The cheapest apartment in Wilshire is Wilton by Category which is listed at $1,031, while the average apartment in Wilshire costs $4,650.

What types of apartments are the cheapest in Wilshire?

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 10 regular apartments in Wilshire 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 Wilshire?

Cheap apartments in Wilshire have an average cost of $1,139 which is $3,511 cheaper than the average rent for all rentals in Wilshire.

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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