Cheap Apartments for Rent in Oakwood, CA from $500 (820 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Oakwood.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Los Angeles's Best Affordable Neighborhoods

Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

Oakwood, CA Local Guide

Cheapest Available Oakwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oakwood, CA is a Studio unit found at Beautiful Dormitory Style Housing Available in the City West neighborhood priced from $695. 1811 Tamarind Apartments in the Griffith Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here is today’s list of the most affordable Oakwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beautiful Dormitory Style Housing Available0BR/1.0BAStudio,1BA$695
1811 Tamarind Apartments0BR/0.5BAStudio,$899
The Rayfield ApartmentsEfficiencyStudio,1BA$1,075
St. Moritz Apartments LLCBachelor w CountertopStudio,1BA$1,095
The Monroe at Virgil VillageBachelorStudio,1BA$1,100
Sunset Wilcox Building0BR/1.0BAStudio,1BA$1,100
4749 ElmwoodUnit PH43BR,2BA$1,150
Park WilshireStudioStudio,1BA$1,150

Best Value Apartments for Rent in Oakwood, CA and Nearby

As of June 29, 2025 the best value apartment in the Oakwood area is the $0.48 price per square foot 2209 W 12th St Model at 2209 W 12th St, Unit Apt A in the in the Westlake neighborhood starting from $1,100. The second greatest value Oakwood apartment is the 6 Bed 4 Bath - B Model at Melrose by Category starting at $1,452 with a $0.69 price per square foot in the Mid Wilshire neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2209 W 12th St, Unit Apt A2209 W 12th St4BR,1.5BA$0.48
Melrose by Category6 Bed 4 Bath - B1BR,1BA$0.69
737 N Harvard Blvd, Unit 737737 N Harvard Blvd2BR,2BA$1.49
Beverly by CategoryPrivate Room in Shared 6 Bed 5 Bath (B)1BR,1BA$0.80
Wilton by Category5 Bed 3 Bath-B1BR,1BA$0.58
4702 W 17th StTwo Bed- Two Bath2BR,2BA$1.65
3976 W 7th St, Unit .53976 W 7th St2BR,1BA$1.64
6315 Primrose Ave, Unit 26315 Primrose Ave2BR,2BA$1.20
4749 ElmwoodUnit 1033BR,2BA$1.36
616 N HobartStudioStudio ,1BA$1.16

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
Oakwood, CA

Ranked #3

Among cities in California for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Oakwood, CA Rentals by Map

View MapOakwood, CA Apartments MapView MapOakwood, CA Rental Homes Map

Frequently Asked Questions about Cheap Oakwood Apartments

What is the Cheapest Studio apartment in Oakwood?

Currently the most affordable Cheap Studio Apartment in Oakwood is at Beautiful Dormitory Style Housing Available listed at $695.

How much is rent for a Cheap One Bedroom Oakwood Apartment?

The lowest price for a Cheap One Bedroom Oakwood Apartment is $1,350 at EBA.

What is the lowest price for a Cheap Two Bedroom Oakwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oakwood is starting from $1,450 at Orion 1037 Dewey.

What is the most affordable Oakwood Three Bedroom Apartment?

The best deal on a cheap Oakwood Three Bedroom Apartment rental is at 4749 Elmwood and starts from $1,150.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.