Cheap Homes for Rent in Rancho Palos Verdes, CA from $1,200 (20 Rentals)

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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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property at 959 W 17th St

959 W 17th St

Los AngelesCA90731

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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Rancho Palos Verdes, CA Local Guide

Cheapest Neighborhoods for Apartments in Rancho Palos Verdes, CA

Pricing Updated: 12/06/2025

Current apartment rentals in the Rancho Palos Verdes, CA area range in price from $1,650 to $12,000 with an overall median price of $7,521. The three Rancho Palos Verdes neighborhoods with the lowest median rent pricing are East Rancho Palos Verdes at $1,700, Coastal Zone at $2,000, and Miraleste at $1,700. 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$3,710$1,7008
Coastal Zone$4,400$2,00037
Miraleste$5,495$1,70056
Monaco$12,000$1,82537
Silver Spur$12,000$1,650125

Cheapest Available Rancho Palos Verdes Apartments for Rent

 

The cheapest available apartment rental in Rancho Palos Verdes, CA is a Studio unit found at The Cabrillo (shared restroom) in the Vinegar Hill neighborhood priced from $749. 555 W. 20th St. in the Vinegar Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,695. Here is today’s list of the most affordable Rancho Palos Verdes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Cabrillo (shared restroom)Studio with Shared RestroomStudio,$749
555 W. 20th St.StudioStudio,1BA$1,695
1532 W. 257th St.1 Bed 1 Bath1BR,1BA$1,700
Bayside Terrace 55 Senior Apartments1x11BR,1BA$1,745
La Villa Mesa1 Bedroom1BR,1BA$1,750

Best Value Apartments for Rent in Rancho Palos Verdes, CA

As of December 06, 2025 the best value apartment in the Rancho Palos Verdes area is the $2.29 price per square foot 2234 Lomita Blvd Model at 2234 Lomita Blvd, Unit 2234 Lomita Blvd in the in the Central Area neighborhood starting from $3,200. The second greatest value Rancho Palos Verdes apartment is the 2 bedroom 2 bath Model at The Madrid starting at $3,095 with a $2.48 price per square foot in the Malaga Cove 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.
2234 Lomita Blvd, Unit 2234 Lomita Blvd2234 Lomita Blvd2BR,2BA$2.29
The Madrid2 bedroom 2 bath2BR,2BA$2.48
Vista Catalina at Rancho Palos VerdesSanta Cruz2BR,2BA$2.53
Portofino Townhomes2x1.5_11522BR,1.5BA$2.53
Buena Vida Apartment Homes2-BED2BR,1.5BA$2.33
740 W. 24th St.2 Bed 2 Bath2BR,2BA$2.42
Narbonne2 bed + 1 bath2BR,1BA$2.36
26025 Cypress St, Unit 226025 Cypress St2BR,1BA$2.36
San Pedro Bank Lofts1 bedroom, 1 bath1BR,1BA$2.56
322-330 w 9th St3BR/1.0BA3BR,1BA$2.55

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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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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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.

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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 Rancho Palos Verdes

What type of rentals are currently available in Rancho Palos Verdes?

There are currently 989 Apartments for Rent in Rancho Palos Verdes, CA with pricing that ranges from $749 to $15,000. There are also 114 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Palos Verdes ranging from $1,200 to $14,000.

What is the current price range for Rental Homes in Rancho Palos Verdes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rancho Palos Verdes ranges from $1,200 to $14,000 with an average monthly rent of $6,033.

How much are larger Three and Four Bedroom Rentals in Rancho Palos Verdes?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rancho Palos Verdes range from $3,319 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,875 to $13,000. Four Bedroom Single-Family rentals are also available starting from $3,995 and Four Bedroom Apartments start at $4,200.

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.