
Cheap Apartments for Rent in San Pedro, CA from $1,325 (138 Rentals)
Search the lowest-cost Apartments available for rent right now in San Pedro.


Bridgeport View Apartments

1324 W 35th St

Harbor Terrace

City View Apartments

Bayside Terrace 55 Senior Apartments

Total Monthly Price
527 1/2 W 19th St

657 W Oliver St

740 W 24th St.

550 Harborfront
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

629-633 W 8th St

Portside Studio Apartments

805 S Centre St

1024-1032 W 1st St

Samoan Sea Apartments

Vista Del Puerto Apartments

626 W 7th St

527 W 15th St

Harbor Villas
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.

The Cabrillo (shared restroom)

Marina View Apartments

643 W 7th St

685 W 4th St

341 W Amar St

1350 W 9th St

1318 S Pacific Ave

322-330 w 9th St

685 W 23rd St

Villa Terrasini
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.

Ocean View Apartments

823-831 W 25th St

La Corona Del Mar Apartments

1111 W 14th St

626 W 6th St

654 W 12th St

240-268 W Santa Cruz St

El Descanso

La Villa Mesa

566 W. 17th 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.

3828 Carolina St.

3701 (Pacific)

927 W 9th

1244 W 9th St

1057 W 14th St

469 W Oliver St

Harbor Riviera

929-943 W. 7th Street

755 W 30th St

San Pedro Apartments
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 | $2,021 | $1,325 | $2,825 |
| Cheap San Pedro 1 Bedroom Apartments | $2,597 | $1,495 | $3,720 |
| Cheap San Pedro 2 Bedroom Apartments | $3,281 | $1,895 | $4,504 |
| Cheap San Pedro 3 Bedroom Apartments | $4,439 | $1,405 | $5,079 |
| Cheap San Pedro 4 Bedroom Apartments | $5,303 | $3,500 | $5,529 |
Browse Top Apartments in San Pedro
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San Pedro, CA Local Guide

- San Pedro Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in San Pedro, CA
Pricing Updated: 09/06/2026Current apartment rentals in the San Pedro, CA area range in price from $1,100 to $7,000 with an overall median price of $2,504. Here is today’s list neighborhoods with the lowest median pricing for San Pedro Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Central San Pedro | $2,300 | $1,395 | 15 |
| Vinegar Hill | $2,300 | $1,395 | 15 |
| Northwest San pedro | $2,600 | $1,100 | 27 |
| Coastal San Pedro | $2,800 | $1,690 | 12 |
Cheapest Available San Pedro Apartments for Rent
 The cheapest available apartment rental in San Pedro, CA is a Studio unit found at 805 S Centre St in the Vinegar Hill neighborhood priced from $1,045. 685 W 4th St in the Miraleste neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here is today’s list of the most affordable San Pedro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 805 S Centre St | 0 Beds, 1 Baths | Studio,1BA | $1,045 |
| 685 W 4th St | Studio | Studio,1BA | $1,395 |
| 1736 254th St | 1736 254th St | 3BR,2BA | $1,405 |
| 1147 Broad Ave. (El Portal) | STUDIOS | Studio,1BA | $1,450 |
| 1310 W. D Street | Studio | Studio,1BA | $1,475 |
| 322-330 w 9th St | 0/1 | Studio,1BA | $1,500 |
| BAYVIEW | Deluxe Studio | Studio,1BA | $1,525 |
| 1001-07 Banning Blvd., 339-351 Opp St. | Studio | Studio,1BA | $1,575 |
| 633 Broad Ave. | Studio | Studio,1BA | $1,595 |
Best Value Apartments for Rent in San Pedro, CA
As of September 06, 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 635 W 21st St Model at 635 W 21st St, Unit 635-D starting at $2,400 with a $1.85 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 |
| 635 W 21st St, Unit 635-D | 635 W 21st St | 2BR,2BA | $1.85 |
| 1736 254th St | 1736 254th St | 3BR,2BA | $1.23 |
| 740 W 24th St. | 2 Bed 1 bath | 2BR,1BA | $2.62 |
| 1042 W 9th St | 2BR/2.0BA | 2BR,2BA | $2.55 |
| Cabrillo Ave | 2BR/2.0BA | 2BR,2BA | $2.43 |
| 322-330 w 9th St | 2/1 | 2BR,1BA | $2.64 |
| City View Apartments | 1x1 | 1BR,1BA | $2.40 |
| 26019 Oak Street | 1 bed 1 bath | 1BR,1BA | $2.71 |
| Narbonne Apartments | One Bedroom | 1BR,1BA | $2.70 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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.
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 the Cheapest Studio apartment in San Pedro?
Currently the most affordable Cheap Studio Apartment in San Pedro is at 805 S Centre St listed at $1,045.
How much is rent for a Cheap One Bedroom San Pedro Apartment?
The lowest price for a Cheap One Bedroom San Pedro Apartment is $1,595 at 1152 Broad Ave..
What is the lowest price for a Cheap Two Bedroom San Pedro Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in San Pedro is starting from $2,000 at 915 N. Wilmington Blvd..
What is the most affordable San Pedro Three Bedroom Apartment?
The best deal on a cheap San Pedro Three Bedroom Apartment rental is at 1736 254th St and starts from $1,405.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.