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$749 - $1,199Studio Apartments Available Now
The Cabrillo (shared restroom)
615-619 S Centre StSan Pedro, CA 90731
Cheap Apartments for Rent in San Pedro, CA from $700 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in San Pedro.
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$1,395Studio Apartments Contact Us For Availability
4016 S. Pacific Ave.
4016 S Pacific AveSan Pedro, CA 90731
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$1,5001 Bedroom Apartment Available Now
934 W 9th St, Unit 934 W. 9th St.
934 W 9th StSan Pedro, CA 90731
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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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Rent Specials
$1,395Studio Apartments Available Now
916-918 Watson Ave
916-918 Watson AveWilmington, CA 90744
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.
258 W 11th St
Los AngelesCA90731
782-786 W 18th St
Los AngelesCA90731
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$1,550Studio Apartment Available Now
1107 W Pacific Coast Hwy, Unit 5
1107 W Pacific Coast HwyWilmington, CA 90744
25126 Belle Porte Ave
Los AngelesCA90710
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$1,595 - $1,675Studio to 1 Bedroom Apartments Available Now
McDonald Apartments
706-713 McDonald AveWilmington, CA 90744
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$1,6901 Bedroom Apartment Available Now
2049 Jaybrook Dr, Unit 2
2049 Jaybrook DrRancho Palos Verdes, CA 90275
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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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.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
San Pedro, CA Local Guide
Grass and ocean at Coastal San Pedro by Sergei Gussev is licensed under CC BY 2.0
How much does it cost to rent an apartment in San Pedro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap San Pedro Studio Apartments | $1,924 | $749 | $2,825 |
| Cheap San Pedro 1 Bedroom Apartments | $2,500 | $1,500 | $4,320 |
| Cheap San Pedro 2 Bedroom Apartments | $3,334 | $1,995 | $5,012 |
| Cheap San Pedro 3 Bedroom Apartments | $4,292 | $2,400 | $5,380 |
| Cheap San Pedro 4 Bedroom Apartments | $5,148 | $3,895 | $5,676 |
Browse Top Apartments in San Pedro
See all Apartments in San PedroExplore San Pedro
San Pedro, CA Local Guide
Written By:
Justin HabersaatEditing Staff
- San Pedro Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in San Pedro, CA
Pricing Updated: 11/08/2025Current apartment rentals in the San Pedro, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for San Pedro Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Coastal San Pedro | $3,595 | $1,395 | 22 |
| Central San Pedro | $4,345 | $749 | 101 |
| Vinegar Hill | $4,345 | $749 | 102 |
| Northwest San pedro | $5,495 | $749 | 154 |
Cheapest Available San Pedro Apartments for Rent
The cheapest available apartment rental in San Pedro, CA is a Studio unit found at The Cabrillo (shared restroom) in the Vinegar Hill neighborhood priced from $749. Furnished on Flint in the Watson neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $939. Here is today’s list of the most affordable San Pedro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Cabrillo (shared restroom) | Studio with Shared Restroom | Studio, | $749 |
| Furnished on Flint | Studio 2 | Studio, | $939 |
| 916-918 Watson Ave | Studio, 1 bath | Studio,1BA | $1,395 |
| Ocean View Apartments | 0BR/1.0BA | Studio,1BA | $1,440 |
| 1318 S Pacific Ave | Studio | Studio,1BA | $1,495 |
| McDonald Apartments | Studio | Studio,1BA | $1,595 |
Best Value Apartments for Rent in San Pedro, CA
As of November 09, 2025 the best value apartment in the San Pedro area is the $1.92 price per square foot 1x2 Model at San Pedro Bank Lofts in the in the Vinegar Hill neighborhood starting from $3,103. The second greatest value San Pedro apartment is the 2234 Lomita Blvd Model at 2234 Lomita Blvd, Unit 2234 Lomita Blvd starting at $3,200 with a $2.29 price per square foot in the Central Area neighborhood. Here is today’s list of the best values for San Pedro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| San Pedro Bank Lofts | 1x2 | 1BR,2BA | $1.92 |
| 2234 Lomita Blvd, Unit 2234 Lomita Blvd | 2234 Lomita Blvd | 2BR,2BA | $2.29 |
| Portofino Townhomes | 2x1.5_1260 | 2BR,1.5BA | $2.41 |
| 1417 S Gaffey St, Unit 1417 | 1417 S Gaffey St | 2BR,1BA | $2.59 |
| 961 W 18th St, Unit 3 | 961 W 18th St | 1BR,1BA | $2.40 |
| Bayside Terrace 55 Senior Apartments | 1x1 | 1BR,1BA | $2.68 |
| 1532 W. 257th St. | 1 Bed 1 Bath | 1BR,1BA | $2.67 |
| 934 W 9th St, Unit 934 W. 9th St. | 934 W 9th St | 1BR,1BA | $2.50 |
| McDonald Apartments | Studio | Studio ,1BA | $2.66 |
| 401 W 3rd St, Unit 312 | 401 W 3rd St | 1BR,1BA | $2.58 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe 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.
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.
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San Pedro Overview
A consolidation with the larger municipality of Los Angeles, San Pedro is a working class city that has much to offer. Located near the famous Port of Los Angeles and long a hub for commercial fishing, this blue collar town is an excellent place to raise a family or pursue a career in the great state of California.
Why live in San Pedro, CA?
Offering stunning ocean-side views, a tough-to-beat working class ambiance, and plenty of amenities in the way of museums, eateries and shopping, San Pedro is an excellent choice for those in the market for a new home in California. Local schools are consistently given strong marks, and the relaxed way of life seems to radiate from the very streets themselves in this charming port city.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore San Pedro, CA Rentals by Map
See the most popular apartments and homes in San Pedro, CA
Getting Around San Pedro, CA
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
71 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
42 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap San Pedro Apartments
What is a cheap apartment in San Pedro?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in San Pedro is under $1,595.
What is the price of a cheap apartment in San Pedro?
The cheapest apartment in San Pedro is McDonald Apartments which is listed at $1,675, while the average apartment in San Pedro costs $4,445.
What types of apartments are the cheapest in San Pedro?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in San Pedro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in San Pedro?
Cheap apartments in San Pedro have an average cost of $223 which is $4,222 cheaper than the average rent for all rentals in San Pedro.
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.
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.
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.