Cheap Apartments for Rent in the Malaga Cove Neighborhood of Palos Verdes Peninsula, CA from $1,300 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Malaga Cove area of Palos Verdes Peninsula.

The Grecian Terrace Apartments

The Madrid

23906 Ocean Ave

Kona Kai Apartments

Ocean Villas Apartments

Willow Tree

Camino De Oro
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.

Casa de Oro Apartments

Copa Ladeene

28151 Highridge Rd
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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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Malaga Cove, Palos Verdes Peninsula, CA Local Guide

How much does it cost to rent an apartment in Malaga Cove?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Malaga Cove Studio Apartments | $1,897 | $1,682 | $2,095 |
Malaga Cove 1 Bedroom Apartments | $3,059 | $1,850 | $5,800 |
Malaga Cove 2 Bedroom Apartments | $3,916 | $2,600 | $7,150 |
Malaga Cove 3 Bedroom Apartments | $6,002 | $3,595 | $9,500 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Malaga Cove Neighborhood of Palos Verdes Peninsula, CA.
See all Apartments in Palos Verdes PeninsulaExplore Palos Verdes Peninsula
Malaga Cove, Palos Verdes Peninsula, CA Local Guide
- Nearby Palos Verdes Peninsula neighborhoods
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Cheapest Available Malaga Cove Apartments for Rent
 The cheapest available apartment rental in the Malaga Cove area of Los Angeles, CA is a Studio unit found at Kona Kai West priced from $1,682. The Grecian Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here are the most affordable Malaga Cove apartments for rent in Los Angeles, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kona Kai West | Studio | Studio,1BA | $1,682 |
The Grecian Terrace Apartments | 1 Bedroom | 1BR,1BA | $1,850 |
The Madrid | Studio | Studio,1BA | $2,095 |
Kona Kai Apartments | 1 Bedroom | 1BR,1BA | $2,150 |
Ocean West Apartments | 1 Bed 1 Bath A | 1BR,1BA | $2,175 |
Willow Tree | 1 Bedroom | 1BR,1BA | $2,291 |
Casa de Oro Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2,299 |
23930 Copa Pacific Apts LLC | 1+1 - 274 | 1BR,1BA | $2,495 |
San Remos Apartments | One Bedroom + One Bath | 1BR,1BA | $2,650 |
Highridge | 00711 | 1BR,1BA | $2,699 |
Best Value Apartments for Rent in Malaga Cove, CA
As of October 13, 2025 the best value apartment in the Malaga Cove area is the $2.81 price per square foot Large 3+2 Model at Tournament Patio Apartments in the in the South Torrance neighborhood starting from $3,800. The second greatest value Malaga Cove apartment is the Three bedrooms Model at Copa Ladeene starting at $3,699 with a $2.87 price per square foot in the South Torrance neighborhood. Here is today’s list of the best values for Malaga Cove apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Tournament Patio Apartments | Large 3+2 | 3BR,2BA | $2.81 |
Copa Ladeene | Three bedrooms | 3BR,2BA | $2.87 |
La Linda Apartments | 2 Bedroom | 2BR,2BA | $2.62 |
Camino De Oro | 2 bedroom Plan D | 2BR,2BA | $2.67 |
Casa de Oro Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $2.95 |
Highridge | 00711 | 1BR,1BA | $3.00 |
23930 Copa Pacific Apts LLC | 1+1 - 274 | 1BR,1BA | $3.12 |
San Remos Apartments | One Bedroom + One Bath | 1BR,1BA | $3.31 |
Willow Tree | 1 Bedroom | 1BR,1BA | $3.00 |
Kona Kai Apartments | 1 Bedroom | 1BR,1BA | $3.33 |
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Pet Friendly LifestyleMalaga Cove, Palos Verdes Peninsula, CA
Ranked #1
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Malaga Cove, Palos Verdes Peninsula, CA
Montemalaga Elementary
Palos Verdes Peninsula High
Edward J. Richardson Middle
School data provided by Great Schools
Frequently Asked Questions about Cheap Malaga Cove Apartments
What is the Cheapest Studio apartment in Malaga Cove?
Currently the most affordable Cheap Studio Apartment in Malaga Cove is at Kona Kai West listed at $1,682.
How much is rent for a Cheap One Bedroom Malaga Cove Apartment?
The lowest price for a Cheap One Bedroom Malaga Cove Apartment is $1,850 at The Grecian Terrace Apartments.
What is the lowest price for a Cheap Two Bedroom Malaga Cove Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Malaga Cove is starting from $2,600 at 23930 Copa Pacific Apts LLC.
What is the most affordable Malaga Cove Three Bedroom Apartment?
The best deal on a cheap Malaga Cove Three Bedroom Apartment rental is at The Madrid and starts from $3,595.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.