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$2,025 - $2,9951 to 3 Bedroom Apartments Available Now
Union Plaza
16818 Downey AveParamount, CA 90723
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.
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$1,850Studio Apartments Contact Us For Availability
15704 - 15724 Orange Avenue
15704 Orange AveParamount, CA 90723
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$2,070 - $2,7801 to 2 Bedroom Apartments Available Now
Four Seasons Apartments
15940 Indiana AveParamount, CA 90723
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$1,695 - $2,2951 to 2 Bedroom Apartments Contact Us For Availability
Somerset Village
8635 Somerset BlvdParamount, CA 90723
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Rent Specials
$1,7031 Bedroom Apartments Available Now
Town Center Terrace
16200 Vermont AveParamount, CA 90723
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$1,7951 Bedroom Apartments Available Now
Indiana Avenue Apartments
15134 Indiana AveParamount, CA 90723
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$1,900 - $2,3501 to 2 Bedroom Apartments Available Now
San Marcos Village Apartments
15328 Orange AveParamount, CA 90723
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Studio Apartments
14809-14819 Downey Ave
14809-14819 Downey AveParamount, CA 90723
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2 to 4 Bedroom Apartments
7253 Richfield St
7253 Richfield StParamount, CA 90723
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2 to 3 Bedroom Apartments
8219 2nd St
8219 2nd StParamount, CA 90723
Los Angeles's Best Affordable Neighborhoods
Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser
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Studio Apartments
14917-14925 Downey Ave
14917-14925 Downey AveParamount, CA 90723
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1 to 2 Bedroom Apartments
14500-14508 Orange Ave
14500-14508 Orange AveParamount, CA 90723
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3 Bedroom Apartments
8544 Elburg St
8544 Elburg StParamount, CA 90723
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Studio Apartments
16603-16613 Indiana Ave
16603-16613 Indiana AveParamount, CA 90723
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1 to 2 Bedroom Apartments
8020 Rose St
8020 Rose StParamount, CA 90723
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2 Bedroom Apartments
7219 Exeter St
7219 Exeter StParamount, CA 90723
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Studio Apartments
15338 Gundry Ave
15338 Gundry AveParamount, CA 90723
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2 to 3 Bedroom Apartments
14508-14514 Texaco Ave
14508-14514 Texaco AveParamount, CA 90723
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2 Bedroom Apartments
Feodor Apartments
14117 Anderson StParamount, CA 90723
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1 Bedroom Apartments
crest apartments
14908 Orange AveParamount, CA 90723
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Studio to 2 Bedroom Apartments
8044 Rose St
8044 Rose StParamount, CA 90723
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Studio Apartments
16832 Verdura Ave
16832 Verdura AveParamount, CA 90723
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2 Bedroom Apartments
15121-15125 Gundry Ave
15121-15125 Gundry AveParamount, CA 90723
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Studio Apartments
14709-14719 Orange Ave
14709-14719 Orange AveParamount, CA 90723
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2 Bedroom Apartments
16849 Passage Ave
16849 Passage AveParamount, CA 90723
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2 to 3 Bedroom Apartments
7238-7242 1/2 Exeter St
7238-7242 1/2 Exeter StParamount, CA 90723
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2 to 3 Bedroom Apartments
7308 Richfield St
7308 Richfield StParamount, CA 90723
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2 Bedroom Apartments
7301 Motz St
7301 Motz StParamount, CA 90723
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Studio Apartments
Paramount Village
16511 Garfield AveParamount, CA 90723
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Studio Apartments
16862 Passage Ave
16862 Passage AveParamount, CA 90723
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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2 to 3 Bedroom Apartments
7226-7230 Exeter St
7226-7230 Exeter StParamount, CA 90723
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Studio to 2 Bedroom Apartments
15911 Orizaba Ave
15911 Orizaba AveParamount, CA 90723
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1 to 3 Bedroom Apartments
7337-7341 1/2 Motz St.
7337-7341 1/2 Motz St.Paramount, CA 90723
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1 to 2 Bedroom Apartments
Richfield Terrace
7227 Richfield StParamount, CA 90723
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1 Bedroom Apartments
Stonewood Paramount Apartments
16850 Downey AveParamount, CA 90723
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1 to 2 Bedroom Apartments
Petrol West
7214-7218 Petrol StParamount, CA 90723
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1 to 3 Bedroom Apartments
Petrol East
7309-7315 Petrol StParamount, CA 90723
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Studio to 2 Bedroom Apartments
Yona Apartments
15528 Orange AveParamount, CA 90723
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2 Bedroom Apartments
15116 Orange Ave
15116 Orange AveParamount, CA 90723
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1 to 3 Bedroom Apartments
8439 Adams St.
8439 Adams StParamount, CA 90723
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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2 Bedroom Apartments
7222 Petrol St
7222 Petrol StParamount, CA 90723
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Studio Apartments
8700 Rosecrans Ave
8700 Rosecrans AveParamount, CA 90723
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2 to 3 Bedroom Apartments
15302 Gundry Ave
15302 Gundry AveParamount, CA 90723
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1 to 2 Bedroom Apartments
Orange Plaza
15522 Orange AveParamount, CA 90723
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1 Bedroom Apartments
El Presidio
15921-15953 Downey AveParamount, CA 90723
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1 Bedroom Apartments
15560 Orange Avenue
15560 Orange AveParamount, CA 90723
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Studio to 2 Bedroom Apartments
The Exotic Isle
8600 Rosecrans AveParamount, CA 90723
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2 Bedroom Apartments
15320 Gundry Ave
15320 Gundry AveParamount, CA 90723
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1 to 2 Bedroom Apartments
Twin Towers Apartments
15909 Vermont AveParamount, CA 90723
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1 Bedroom Apartments
15339 California Ave
15339 California AveParamount, CA 90723
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.
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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 | $1,831 | $1,695 | $2,265 |
| Downtown Paramount 2 Bedroom Apartments | $2,497 | $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 6759 Cherry Ave priced from $1,695. 6769 Cherry Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,695. Here are the most affordable Downtown Paramount apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 6759 Cherry Ave | 1 Beds, 1 Baths | 1BR,1BA | $1,695 |
| 6769 Cherry Ave | 2 Beds, 1 Baths | 2BR,1BA | $1,695 |
| Town Center Terrace | 1 Bed 1 Bath | 1BR,1BA | $1,703 |
| Indiana Avenue Apartments | 1x1 | 1BR,1BA | $1,795 |
| Petrol West | Two Bedroom Apartment | 2BR,1BA | $2,025 |
| Union Plaza | 1 Bed 1 Bath Upstairs | 1BR,1BA | $2,025 |
| San Marcos Village Apartments | The Avalon | 2BR,2BA | $2,350 |
| Sierra Garden Apartments | Two Bedroom | 2BR,1BA | $2,365 |
| 7314 Richfield | 2 bed, 1 bath | 2BR,1BA | $2,495 |
| Four Seasons Apartments | 21B | 2BR,1BA | $2,730 |
Best Value Apartments for Rent in Downtown Paramount, CA
As of August 26, 2026 the best value apartment in the Downtown Paramount area is the $2.05 price per square foot 2 bed, 1 bath Model at 7314 Richfield in the in the Southeast Los Angeles neighborhood starting from $2,495. The second greatest value Downtown Paramount apartment is the The Avalon Model at San Marcos Village Apartments starting at $2,350 with a $2.35 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. |
|---|---|---|---|
| 7314 Richfield | 2 bed, 1 bath | 2BR,1BA | $2.05 |
| San Marcos Village Apartments | The Avalon | 2BR,2BA | $2.35 |
| Sierra Garden Apartments | Two Bedroom | 2BR,1BA | $2.45 |
| Union Plaza | 1 Bed 1 Bath Upstairs | 1BR,1BA | $2.64 |
| Petrol West | Two Bedroom Apartment | 2BR,1BA | $2.65 |
| Four Seasons Apartments | 21B | 2BR,1BA | $3.57 |
| Indiana Avenue Apartments | 1x1 | 1BR,1BA | $2.44 |
| 6769 Cherry Ave | 2 Beds, 1 Baths | 2BR,1BA | $2.61 |
| 6759 Cherry Ave | 1 Beds, 1 Baths | 1BR,1BA | $2.78 |
| Town Center Terrace | 1 Bed 1 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.
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Real 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.
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Best Local Schools in Downtown Paramount, Paramount, CA
Paramount Park Middle School
Paramount Unified School District
Public School - Grades 6-8 (551)
6 out of 10
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 $1,695 at 6759 Cherry 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 $1,695 at 6769 Cherry Ave.
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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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.