Cheap Homes for Rent in Malaga Cove Neighborhood of Palos Verdes Peninsula, CA from $2,200 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Malaga Cove area of Palos Verdes Peninsula.

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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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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property at 5518 Riviera Way

$4,900

Total Monthly Price

Total Monthly Price

Base Rent
$4,900
Total Monthly Price
$4,900

3 Bedroom, 1.5 Bath Home for Rent

Available Now

5518 Riviera Way

TorranceCA90505
Showing Results 1-9, Page 1 of 1

Malaga Cove, Palos Verdes Peninsula, CA Local Guide

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. Kona Kai Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,692. Here are the most affordable Malaga Cove apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Kona Kai WestStudioStudio,1BA$1,682
Kona Kai ApartmentsStudioStudio,1BA$1,692
Riviera ApartmentsStudioStudio,1BA$1,895

Best Value Apartments for Rent in Malaga Cove, CA

As of May 25, 2026 the best value apartment in the Malaga Cove area is the $2.90 price per square foot 00733 Model at Highridge in the in the Silver Spur neighborhood starting from $4,500. The second greatest value Malaga Cove apartment is the 3 Bedroom, 2 Bath Model at Commodore Apartments starting at $3,600 with a $2.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Highridge007333BR,2BA$2.90
Commodore Apartments3 Bedroom, 2 Bath3BR,2BA$2.57
La Linda Apartments3 Bedroom3BR,2BA$2.67
Copa LadeeneTwo bedrooms2BR,2BA$2.72
Ocean West Apartments2 Bed 1 Bath2BR,1BA$2.81
23930 Copa Pacific Apts LLC1+1 - 2021BR,1BA$2.88
Willow Tree1 Bedroom1BR,1BA$2.95
Camino De OroPlan B 1 bdrm1BR,1BA$2.97
Casa De Oro Apartments1 Bedroom 1 Bath1BR,1BA$3.01
Palms Garden Apartments - the Tropical Gem of the South Torrance1x11BR,1BA$2.92

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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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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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
Malaga Cove, Palos Verdes Peninsula, CA

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Frequently Asked Questions about Malaga Cove

What type of rentals are currently available in Malaga Cove?

There are currently 216 Apartments for Rent in Malaga Cove, CA with pricing that ranges from $1,682 to $6,900. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Malaga Cove ranging from $2,200 to $26,500.

What is the current price range for Rental Homes in Malaga Cove?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Malaga Cove ranges from $2,200 to $26,500 with an average monthly rent of $6,272.

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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