
Cheap Apartments for Rent in the Downtown Paramount Neighborhood of Paramount, CA from $600 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Paramount area of Paramount.


Town Center Terrace

Indiana Avenue Apartments

15704 - 15724 Orange Avenue

Four Seasons Apartments

Somerset Village

San Marcos Village Apartments

14809-14819 Downey Ave

7253 Richfield St

8219 2nd St
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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.

14917-14925 Downey Ave

14500-14508 Orange Ave

8544 Elburg St

16603-16613 Indiana Ave

8020 Rose St

7219 Exeter St

15338 Gundry Ave

14508-14514 Texaco Ave

Feodor Apartments

crest apartments
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8044 Rose St

16832 Verdura Ave

15121-15125 Gundry Ave

14709-14719 Orange Ave

16849 Passage Ave

7238-7242 1/2 Exeter St

7308 Richfield St

7301 Motz St

Paramount Village

16862 Passage Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

7226-7230 Exeter St

15911 Orizaba Ave

7337-7341 1/2 Motz St.

Richfield Terrace

Stonewood Paramount Apartments

Petrol West

Petrol East

Yona Apartments

15116 Orange Ave

8439 Adams St.
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.

7222 Petrol St

8700 Rosecrans Ave

15302 Gundry Ave

Orange Plaza

El Presidio

15560 Orange Avenue

The Exotic Isle

15320 Gundry Ave

Twin Towers Apartments

15339 California Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Downtown Paramount, Paramount, CA Local Guide

How much does it cost to rent an apartment in Downtown Paramount?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Paramount Studio Apartments | $1,850 | $1,850 | $1,850 |
| Downtown Paramount 1 Bedroom Apartments | $1,882 | $1,650 | $2,265 |
| Downtown Paramount 2 Bedroom Apartments | $2,514 | $2,195 | $2,800 |
| Downtown Paramount 3 Bedroom Apartments | $2,913 | $2,795 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 67 rentals with your search options within a 1 mile radius of the Downtown Paramount Neighborhood of Paramount, CA.
See all Apartments in ParamountExplore Paramount
Downtown Paramount, Paramount, CA Local Guide
- Nearby Paramount neighborhoods
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Cheapest Available Downtown Paramount Apartments for Rent
 The cheapest available apartment rental in the Downtown Paramount area of Los Angeles, CA is a 1 Bed unit found at Town Center Terrace priced from $1,650. Indiana Avenue Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,795. Here are the most affordable Downtown Paramount apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Town Center Terrace | 1 Bed 1 Bath | 1BR,1BA | $1,650 |
| Indiana Avenue Apartments | 1x1 | 1BR,1BA | $1,795 |
| San Marcos Village Apartments | The Balboa | 1BR,1BA | $1,925 |
| Union Plaza | 1 Bed 1 Bath Upstairs | 1BR,1BA | $1,995 |
| Four Seasons Apartments | 11A | 1BR,1BA | $2,055 |
| Sierra Garden Apartments | Two Bedroom | 2BR,1BA | $2,365 |
Best Value Apartments for Rent in Downtown Paramount, CA
As of July 12, 2026 the best value apartment in the Downtown Paramount area is the $1.93 price per square foot The Balboa Model at San Marcos Village Apartments in the in the Southeast Los Angeles neighborhood starting from $1,925. The second greatest value Downtown Paramount apartment is the Two Bedroom Model at Sierra Garden Apartments starting at $2,365 with a $2.45 price per square foot in the Southeast Los Angeles neighborhood. Here is today’s list of the best values for Downtown Paramount apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| San Marcos Village Apartments | The Balboa | 1BR,1BA | $1.93 |
| Sierra Garden Apartments | Two Bedroom | 2BR,1BA | $2.45 |
| Union Plaza | 1 Bed 1 Bath Downstairs | 1BR,1BA | $2.64 |
| Indiana Avenue Apartments | 1x1 | 1BR,1BA | $2.44 |
| Town Center Terrace | 1 Bed 1 Bath | 1BR,1BA | $3.17 |
| Four Seasons Apartments | 11A | 1BR,1BA | $4.05 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Downtown Paramount, Paramount, CA
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Paramount Apartments
How much is rent for a Cheap One Bedroom Downtown Paramount Apartment?
The lowest price for a Cheap One Bedroom Downtown Paramount Apartment is $1,650 at Town Center Terrace.
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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