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Rent Specials
$2,075 - $2,4251 to 2 Bedroom Apartments Available Now
Union Plaza
16818 Downey AveParamount, CA 90723
Cheap Apartments for Rent in the Downtown Paramount Neighborhood of Paramount, CA from $1,200 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Paramount area of Paramount.
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Rent Specials
$1,760 - $2,5851 Bedroom Apartments Available Now
Town Center Terrace
16200 Vermont AveParamount, CA 90723
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$1,955 - $2,7251 to 2 Bedroom Apartments Available Now
Four Seasons Apartments
15940 Indiana AveParamount, CA 90723
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$1,8951 Bedroom Apartments Contact Us For Availability
Indiana Avenue Apartments
15134 Indiana AveParamount, CA 90723
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$1,795 - $2,2951 to 2 Bedroom Apartments Contact Us For Availability
Somerset Village
8635 Somerset BlvdParamount, CA 90723
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Rent Specials
$2,3502 Bedroom Apartments Available Now
The Exotic Isle
8600 Rosecrans AveParamount, CA 90723
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$1,925 - $2,3201 to 2 Bedroom Apartments Available Now
San Marcos Village Apartments
15328 Orange AveParamount, CA 90723
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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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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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.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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.
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Downtown Paramount, Paramount, CA Local Guide
Zamboni Ice Resurfacing Machine as Zomboni is home in Paramount by Mark6mauno is licensed under CC BY 2.0
How much does it cost to rent an apartment in Downtown Paramount?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Paramount 1 Bedroom Apartments | $1,937 | $1,695 | $2,265 |
| Downtown Paramount 2 Bedroom Apartments | $2,463 | $2,100 | $2,750 |
| 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.
See all Apartments in ParamountExplore Paramount
Downtown Paramount, Paramount, CA Local Guide
- Nearby Paramount neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Paramount Apartments for Rent
The cheapest available apartment rental in the Downtown Paramount area of Los Angeles, CA is a Studio unit found at 7001 Orange Ave priced from $1,525. Town Center Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable Downtown Paramount apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 7001 Orange Ave | ZERO | Studio,1BA | $1,525 |
| Town Center Terrace | One Bedroom One Bath | 1BR,1BA | $1,750 |
| San Marcos Village Apartments | The Balboa | 1BR,1BA | $1,925 |
| Four Seasons Apartments | 11A | 1BR,1BA | $1,960 |
| Richfield Apartments | Two Bedroom | 2BR,1BA | $2,100 |
| The Exotic Isle | 2 bedroom | 2BR,1BA | $2,350 |
| Union Plaza | 2 Bed 1 Bath Downstairs | 2BR,1BA | $2,425 |
Best Value Apartments for Rent in Downtown Paramount, CA
As of October 09, 2025 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 2 Bed 1 Bath Downstairs Model at Union Plaza starting at $2,425 with a $2.65 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 |
| Union Plaza | 2 Bed 1 Bath Downstairs | 2BR,1BA | $2.65 |
| Richfield Apartments | Two Bedroom | 2BR,1BA | $2.51 |
| Town Center Terrace | One Bedroom One Bath | 1BR,1BA | $3.37 |
| Four Seasons Apartments | 11A | 1BR,1BA | $3.87 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Paramount, Paramount, CA
Ranked #2
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,625 at 7001 Orange Ave.
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
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.