
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.


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

14917-14925 Downey Ave
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.

14500-14508 Orange Ave

16603-16613 Indiana Ave

8020 Rose St

8544 Elburg St

7219 Exeter St

15338 Gundry Ave

14508-14514 Texaco Ave

Feodor Apartments

crest apartments

15121-15125 Gundry Ave
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.

8044 Rose St

16832 Verdura Ave

14709-14719 Orange Ave

16849 Passage Ave

7238-7242 1/2 Exeter St

15911 Orizaba Ave

7337-7341 1/2 Motz St.

7308 Richfield 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

7301 Motz St

Stonewood Paramount Apartments

Petrol West

Petrol East

Yona Apartments

15116 Orange Ave

8439 Adams St.

Richfield Terrace

7222 Petrol 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.

15704 - 15724 Orange Avenue

Town Center Terrace

8700 Rosecrans Ave

15302 Gundry Ave

Orange Plaza

El Presidio

15560 Orange Avenue

15320 Gundry Ave

Twin Towers Apartments

15339 California Ave
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.
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 | $1,990 | $1,675 | $2,265 |
| Downtown Paramount 2 Bedroom Apartments | $2,343 | $2,000 | $2,735 |
| Downtown Paramount 3 Bedroom Apartments | $2,796 | $2,640 | $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.
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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 7800 Madison St priced from $1,675. Town Center Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,703. Here are the most affordable Downtown Paramount apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 7800 Madison St | 1 Bed, 1 bath | 1BR,1BA | $1,675 |
| Town Center Terrace | One Bedroom One Bath | 1BR,1BA | $1,703 |
| Indiana Avenue Apartments | 1x1 | 1BR,1BA | $1,795 |
| San Marcos Village Apartments | The Balboa | 1BR,1BA | $1,925 |
| The Exotic Isle | 2 bedroom | 2BR,1BA | $2,350 |
Best Value Apartments for Rent in Downtown Paramount, CA
As of May 27, 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 1x1 Model at Indiana Avenue Apartments starting at $1,795 with a $2.44 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 |
| Indiana Avenue Apartments | 1x1 | 1BR,1BA | $2.44 |
| 7800 Madison St | 1 Bed, 1 bath | 1BR,1BA | $2.37 |
| Town Center Terrace | One Bedroom One Bath | 1BR,1BA | $3.28 |
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 $1,675 at 7800 Madison St.
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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