
Cheap Apartments for Rent in San Pedro, CA from $800 (140 Rentals)
Search the lowest-cost Apartments available for rent right now in San Pedro.


1324 W 35th St

Harbor Terrace

City View Apartments

Bayside Terrace 55 Senior Apartments

Total Monthly Price
527 1/2 W 19th St

3828 Carolina St.

740 W 24th St.

657 W Oliver St
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.

Total Monthly Price
732 Shepard St, Unit 732

Thrive on 5th

629-633 W 8th St

Portside Studio Apartments

805 S Centre St

1024-1032 W 1st St

Vista Del Puerto Apartments

Samoan Sea Apartments

626 W 7th St

527 W 15th St
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.

Harbor Villas

The Cabrillo (shared restroom)

643 W 7th St

Marina View Apartments

1318 S Pacific Ave

322-330 w 9th St

685 W 23rd St

685 W 4th St

Villa Terrasini

823-831 W 25th St
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.

La Corona Del Mar Apartments

1111 W 14th St

626 W 6th St

1144 S. Palos Verdes St.

654 W 12th St

240-268 W Santa Cruz St

El Descanso

Ocean View Apartments

1244 W 9th St

1057 W 14th St
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.

927 W 9th

469 W Oliver St

Harbor Riviera

755 W 30th St

San Pedro Apartments

2424 S. Leland St.

MC W 25th Street, LLC

404 W 4th St

2315 S Grand Ave

805 S Centre St, Unit 4
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.
San Pedro, CA Local Guide

How much does it cost to rent an apartment in San Pedro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap San Pedro Studio Apartments | $1,890 | $1,325 | $2,900 |
| Cheap San Pedro 1 Bedroom Apartments | $2,540 | $1,295 | $3,720 |
| Cheap San Pedro 2 Bedroom Apartments | $3,394 | $1,890 | $4,554 |
| Cheap San Pedro 3 Bedroom Apartments | $4,628 | $2,495 | $5,079 |
| Cheap San Pedro 4 Bedroom Apartments | $5,108 | $3,600 | $5,529 |
Browse Top Apartments in San Pedro
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San Pedro, CA Local Guide

- San Pedro Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in San Pedro, CA
Pricing Updated: 07/23/2026Current 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 | $2,887 | $1,325 | 21 |
| Central San Pedro | $3,895 | $1,325 | 65 |
| Vinegar Hill | $3,895 | $1,325 | 71 |
| Northwest San pedro | $5,529 | $1,325 | 138 |
Cheapest Available San Pedro Apartments for Rent
 The cheapest available apartment rental in San Pedro, CA is a Studio unit found at 516 Bay View Ave in the Wilmington neighborhood priced from $1,000. 805 S Centre St in the Vinegar Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,045. Here is today’s list of the most affordable San Pedro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 516 Bay View Ave | Studio | Studio,1BA | $1,000 |
| 805 S Centre St | 0 Beds, 1 Baths | Studio,1BA | $1,045 |
| 527 W 15th St | 0 Beds, 1 Baths | Studio,1BA | $1,187 |
| Marina View Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,350 |
| 916-918 Watson Ave | Studio, 1 bath | Studio,1BA | $1,395 |
| McDonald | 0 bed, 1 bath - Studio | Studio,1BA | $1,415 |
| 1147 Broad Ave. (El Portal) | STUDIOS | Studio,1BA | $1,450 |
| Avalon Place | Studio | Studio,1BA | $1,495 |
| BAYVIEW | Deluxe Studio | Studio,1BA | $1,499 |
Best Value Apartments for Rent in San Pedro, CA
As of July 23, 2026 the best value apartment in the San Pedro 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 San Pedro apartment is the 1 Bed, 2 Bath Penthouse A3 Model at Thrive on 7th starting at $2,999 with a $2.69 price per square foot in the Vinegar Hill 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 | $1.94 |
| Thrive on 7th | 1 Bed, 2 Bath Penthouse A3 | 1BR,2BA | $2.69 |
| 740 W 24th St. | 2 Bed 1 bath | 2BR,1BA | $2.62 |
| 25846 Oak Street, Lomita | Unit #13 | 2BR,1BA | $2.52 |
| 1107 S Gaffey St, Unit 1107 | 1107 S Gaffey St | 1BR,1BA | $1.95 |
| 1253 W 24th St, Unit 3 | 1253 W 24th St | 2BR,1BA | $2.64 |
| 322-330 w 9th St | 2/1 | 2BR,1BA | $2.64 |
| City View Apartments | 1x1 | 1BR,1BA | $2.40 |
| Park Mesa Apartments | 1 | 2BR,1BA | $2.70 |
| BAYVIEW | Deluxe Studio | Studio ,1BA | $2.73 |
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.
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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.
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
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 $1,499.
What is the price of a cheap apartment in San Pedro?
The cheapest apartment in San Pedro is Lomita Terrace which is listed at $1,649, while the average apartment in San Pedro costs $4,051.
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 7 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 $235 which is $3,816 cheaper than the average rent for all rentals in San Pedro.
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

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.

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.

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.

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.
