
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

Four Seasons Apartments

Somerset Village

The Exotic Isle

San Marcos Village Apartments

14809-14819 Downey Ave

7253 Richfield St

8219 2nd St
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14917-14925 Downey Ave

14500-14508 Orange Ave

16603-16613 Indiana Ave

8020 Rose St

8544 Elburg St

15338 Gundry Ave

7219 Exeter St

14508-14514 Texaco Ave

crest apartments

Feodor 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

7301 Motz St

15911 Orizaba Ave

7337-7341 1/2 Motz St.

7308 Richfield St
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Paramount Village

16862 Passage Ave

7226-7230 Exeter St

Stonewood Paramount Apartments

Petrol West

Petrol East

Yona Apartments

15116 Orange Ave

8439 Adams St.

Richfield Terrace
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7222 Petrol St

15704 - 15724 Orange Avenue

8700 Rosecrans Ave

15302 Gundry Ave

Orange Plaza

El Presidio

15560 Orange Avenue

15320 Gundry Ave

Twin Towers Apartments

15339 California Ave
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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 1 Bedroom Apartments | $1,938 | $1,713 | $2,265 |
| Downtown Paramount 2 Bedroom Apartments | $2,364 | $2,100 | $2,650 |
| Downtown Paramount 3 Bedroom Apartments | $2,700 | $2,640 | $2,760 |
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.
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Downtown Paramount, Paramount, CA Local Guide
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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 $1,713. San Marcos Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,925. 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 | One Bedroom One Bath | 1BR,1BA | $1,713 |
| San Marcos Village Apartments | The Balboa | 1BR,1BA | $1,925 |
| Richfield Apartments | Two Bedroom | 2BR,1BA | $2,100 |
| Four Seasons Apartments | 11BL | 1BR,1BA | $2,205 |
| The Exotic Isle | 2 bedroom | 2BR,1BA | $2,350 |
Best Value Apartments for Rent in Downtown Paramount, CA
As of January 11, 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 Richfield Apartments starting at $2,100 with a $2.51 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 |
| Richfield Apartments | Two Bedroom | 2BR,1BA | $2.51 |
| Four Seasons Apartments | 11BL | 1BR,1BA | $3.91 |
| Town Center Terrace | One Bedroom One Bath | 1BR,1BA | $3.29 |
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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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 $1,713 at Town Center Terrace.
What is the lowest price for a Cheap Two Bedroom Downtown Paramount Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Paramount is starting from $2,100 at Richfield Apartments.
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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Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!