Cheap Apartments for Rent in Rancho Palos Verdes, CA from $800 (130 Rentals)

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Search the lowest-cost Apartments available for rent right now in Rancho Palos Verdes.

property at 22 Cayuse Ln

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

22 Cayuse Ln, Unit Suite C

22 Cayuse Ln
Rancho Palos VerdesCA90275
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Palos Verdes Terrace
Studio to 3 Bedroom Apartments

Palos Verdes Terrace

5762 Ravenspur DrRancho Palos Verdes, CA 90275
  • Utilities Included
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Peninsula Apartments
Studio to 3 Bedroom Apartments

Peninsula Apartments

5727 Ravenspur DrRancho Palos Verdes, CA 90275
  • Utilities Included
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Island View Terrace
2 Bedroom Apartments

Island View Terrace

29600 Island View DrRancho Palos Verdes, CA 90275

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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property at 1324 W 35th St

$1,690

Total Monthly Price

Total Monthly Price

Base Rent
$1,690
Total Monthly Price
$1,690

Studio, 1 Bath Home for Rent

Available Aug 1

1324 W 35th St

San PedroCA90731

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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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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property at 657 W Oliver St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

657 W Oliver St

San PedroCA90731
property at 35 Silver Saddle Ln

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195
Total Monthly Price
$2,195

Studio, 1 Bath Home for Rent

Available Aug 1

35 Silver Saddle Ln, Unit B

35 Silver Saddle Ln
Rolling Hills EstatesCA90274

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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629-633 W 8th St
1 Bedroom Apartments

629-633 W 8th St

629-633 W 8th StSan Pedro, CA 90731
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2065 255th St
Studio to 3 Bedroom Apartments

2065 255th St

2065 255th StLomita, CA 90717
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805 S Centre St
Studio Apartments

805 S Centre St

805 S Centre StSan Pedro, CA 90731
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Samoan Sea Apartments
Studio to 3 Bedroom Apartments

Samoan Sea Apartments

661 N Harbor BlvdSan Pedro, CA 90731
  • Utilities Included

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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Rancho Palos Verdes, CA Local Guide

Cheapest Neighborhoods for Apartments in Rancho Palos Verdes, CA

Pricing Updated: 07/26/2026

Current apartment rentals in the Rancho Palos Verdes, CA area range in price from $1,600 to $17,610 with an overall median price of $5,423. The three Rancho Palos Verdes neighborhoods with the lowest median rent pricing are East Rancho Palos Verdes at $1,700, Coastal Zone at $1,895, and Monaco at $1,895. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Rancho Palos Verdes Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Rancho Palos Verdes$4,288$1,70012
Coastal Zone$4,674$1,89516
Monaco$4,674$1,89516
Miraleste$5,529$1,60079
Silver Spur$7,950$1,71869

Cheapest Available Rancho Palos Verdes Apartments for Rent

 

The cheapest available apartment rental in Rancho Palos Verdes, CA is a Studio unit found at 805 S Centre St in the Vinegar Hill neighborhood priced from $1,001. 527 W 15th St in the Miraleste neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,187. Here is today’s list of the most affordable Rancho Palos Verdes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
805 S Centre St0 Beds, 1 BathsStudio,1BA$1,001
527 W 15th St0 Beds, 1 BathsStudio,1BA$1,187
322-330 w 9th St0/1Studio,1BA$1,500
685 W 4th StStudioStudio,1BA$1,550
NARBONNE 2 (Miramar)studioStudio,1BA$1,595
Lomita Terrace1 bed, 1 bath1BR,1BA$1,649
Harbor TerraceSingle/1 BathStudio,1BA$1,751
La Villa Mesa1 Bedroom1BR,1BA$1,795

Best Value Apartments for Rent in Rancho Palos Verdes, CA

As of July 26, 2026 the best value apartment in the Rancho Palos Verdes area is the $1.94 price per square foot 1x2 Model at San Pedro Bank Lofts in the in the Vinegar Hill neighborhood starting from $3,130. The second greatest value Rancho Palos Verdes apartment is the Two Bedroom + Two Bath Model at San Marcos Apartments starting at $3,200 with a $2.56 price per square foot in the Redondo Beach neighborhood. Here is today’s list of the best values for Rancho Palos Verdes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
San Pedro Bank Lofts1x21BR,2BA$1.94
San Marcos ApartmentsTwo Bedroom + Two Bath2BR,2BA$2.56
Camino De Oro2 bedroom Plan C2BR,2BA$2.40
Villa AntiguaUnit 92BR,2BA$2.30
740 W 24th St.2 Bed 1 Bath2BR,1BA$2.56
PV Victoria Apartments1 Bed 1 Bath1BR,1BA$2.66
1253 W 24th St, Unit 31253 W 24th St2BR,1BA$2.64
322-330 w 9th St2/12BR,1BA$2.64
City View Apartments1x11BR,1BA$2.40
1322 W 8th St1322 W 8th St1BR,1BA$2.64

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Rancho Palos Verdes, CA Rentals by Map

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Frequently Asked Questions about Cheap Rancho Palos Verdes Apartments

What is the Cheapest Studio apartment in Rancho Palos Verdes?

Currently the most affordable Cheap Studio Apartment in Rancho Palos Verdes is at 805 S Centre St listed at $1,001.

How much is rent for a Cheap One Bedroom Rancho Palos Verdes Apartment?

The lowest price for a Cheap One Bedroom Rancho Palos Verdes Apartment is $1,649 at Lomita Terrace.

What is the lowest price for a Cheap Two Bedroom Rancho Palos Verdes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rancho Palos Verdes is starting from $1,890 at Park Mesa Apartments.

What is the most affordable Rancho Palos Verdes Three Bedroom Apartment?

The best deal on a cheap Rancho Palos Verdes Three Bedroom Apartment rental is at The Grecian Terrace Apartments and starts from $2,895.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.