Cheap Homes for Rent in Malaga Cove Neighborhood of Palos Verdes Peninsula, CA from $2,900 (6 Rentals)

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

property at 24260 Ocean Ave

24260 Ocean Ave

TorranceCA90505

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.

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 1 Bed unit found at The Grecian Terrace Apartments priced from $2,195. Casa de Oro Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,235. Here are the most affordable Malaga Cove apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
The Grecian Terrace Apartments1 Bedroom1BR,1BA$2,195
Casa de Oro Apartments1 Bedroom 1 Bath1BR,1BA$2,235
Palms Garden Apartments1x11BR,1BA$2,250

Best Value Apartments for Rent in Malaga Cove, CA

As of July 28, 2025 the best value apartment in the Malaga Cove area is the $2.92 price per square foot Three Bedroom + Two Bath Model at San Remos Apartments in the in the South Redondo Beach neighborhood starting from $3,800. The second greatest value Malaga Cove apartment is the Two Bedroom + Two Bath Model at San Marcos Apartments starting at $3,200 with a $2.56 price per square foot in the South Redondo Beach 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.
San Remos ApartmentsThree Bedroom + Two Bath3BR,2BA$2.92
San Marcos ApartmentsTwo Bedroom + Two Bath2BR,2BA$2.56
23930 Copa Pacific Apts LLC2+2 -2242BR,2BA$2.63
La Linda Apartments2 Bedroom2BR,2BA$2.62
Casa de Oro Apartments2 Bedroom 2 Bath2BR,2BA$2.85
Tournament Patio Apartments2 Bed/2 Bath2BR,2BA$2.83
Ocean Villas Apartments2Bed, 1.5 Bath2BR,1.5BA$2.94
Willow Tree1 Bedroom1BR,1BA$2.96
Camino De OroPlan B 1 bdrm1BR,1BA$3.09
The Grecian Terrace Apartments1 Bedroom1BR,1BA$2.93

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Frequently Asked Questions about Malaga Cove

What type of rentals are currently available in Malaga Cove?

There are currently 218 Apartments for Rent in Malaga Cove, CA with pricing that ranges from $1,682 to $9,500. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Malaga Cove ranging from $2,995 to $25,000.

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 $2,995 to $25,000 with an average monthly rent of $7,367.

How much are larger Three and Four Bedroom Rentals in Malaga Cove?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Malaga Cove range from $3,699 to $9,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,995 to $9,995. Four Bedroom Single-Family rentals are also available starting from $6,500 and Four Bedroom Apartments start at $6,650.

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.

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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.

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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.

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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.

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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.