Cheap Apartments for Rent in the Central San Pedro Neighborhood of San Pedro, CA from $1,000 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central San Pedro area of San Pedro.

property at 657 W Oliver St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200
Total Monthly Price
$2,200

1 Bedroom, 1 Bath Home for Rent

Available Now

657 W Oliver St

San PedroCA90731

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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626 W 7th St
Studio to 1 Bedroom Apartments

626 W 7th St

626 W 7th StSan Pedro, CA 90731
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Harbor Villas
Studio to 1 Bedroom Apartments

Harbor Villas

653 W 13th StSan Pedro, CA 90731
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643 W 7th St
1 Bedroom Apartments

643 W 7th St

643 W 7th 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
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1318 S Pacific Ave
Studio Apartments

1318 S Pacific Ave

1318 S Pacific AveSan 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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322-330 w 9th St
Studio to 3 Bedroom Apartments

322-330 w 9th St

322-330 W 9th StSan Pedro, CA 90731
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685 W 23rd St
1 to 2 Bedroom Apartments

685 W 23rd St

685 W 23rd StSan Pedro, CA 90731
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Villa Terrasini
1 Bedroom Apartments

Villa Terrasini

1527 S Beacon StSan Pedro, CA 90731
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685 W 4th St
Studio to 1 Bedroom Apartments

685 W 4th St

685 W 4th StSan Pedro, CA 90731
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1111 W 14th St
Studio to 2 Bedroom Apartments

1111 W 14th St

1111 W 14th StSan Pedro, CA 90731
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626 W 6th St
Studio to 1 Bedroom Apartments

626 W 6th St

626 W 6th StSan Pedro, CA 90731
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654 W 12th St
Studio to 1 Bedroom Apartments

654 W 12th St

654 W 12th StSan Pedro, CA 90731
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240-268 W Santa Cruz St
2 to 3 Bedroom Apartments

240-268 W Santa Cruz St

240-268 W Santa Cruz StSan Pedro, CA 90731
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El Descanso
1 Bedroom Apartments

El Descanso

630 W Sepulveda StSan Pedro, CA 90731

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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927 W 9th
1 to 2 Bedroom Apartments

927 W 9th

927 W 9th StSan Pedro, CA 90731
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1057 W 14th St
Studio to 3 Bedroom Apartments

1057 W 14th St

1057 W 14th StSan Pedro, CA 90731
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469 W Oliver St
1 to 3 Bedroom Apartments

469 W Oliver St

469 W Oliver StSan Pedro, CA 90731
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Harbor Riviera
1 to 2 Bedroom Apartments

Harbor Riviera

222 S Cabrillo AveSan Pedro, CA 90731
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San Pedro Apartments
1 to 3 Bedroom Apartments

San Pedro Apartments

966 West 11th StreetSan Pedro, CA 90731
  • Utilities Included
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404 W 4th St
2 Bedroom Apartments

404 W 4th St

404 W 4th StSan Pedro, CA 90731

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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property at 400 S Gaffey St

$1,600 - $2,495

Studio To 2 Bedroom Rentals

Available Now

400 S Gaffey St

Los AngelesCA90731

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.

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Showing Results 1-47, Page 1 of 1

Central San Pedro, San Pedro, CA Local Guide

Cheapest Available Central San Pedro Apartments for Rent

 

The cheapest available apartment rental in the Central San Pedro area of San Pedro, CA is a Studio unit found at The Cabrillo (shared restroom) priced from $1,199. 322-330 w 9th St has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here are the most affordable Central San Pedro apartments for rent in San Pedro, CA:

Apartment ListingModel NameBed/BathPriced From
The Cabrillo (shared restroom)Studio with Shared RestroomStudio,$1,199
322-330 w 9th St0BR/1.0BAStudio,1BA$1,500
685 W 4th StStudioStudio,1BA$1,550
Bridgeport View Apartments1 Bedroom 1 Bathroom1BR,1BA$1,600
Harbor TerraceSingle/1 BathStudio,1BA$1,682
La Villa Mesa1 Bedroom1BR,1BA$1,795
City View Apartments1 Bed, 1 bath1BR,1BA$1,800
Bayside Terrace 55 Senior Apartments1x11BR,1BA$1,825
Ocean View Apartments0BR/1.0BAStudio,1BA$1,999

Best Value Apartments for Rent in Central San Pedro, CA

As of April 24, 2026 the best value apartment in the Central San Pedro area is the $2.16 price per square foot 1031 W 12th St Model at 1031 W 12th St, Unit 1031 in the in the East Rancho Palos Verdes neighborhood starting from $3,500. The second greatest value Central San Pedro apartment is the Studio Model at San Pedro Bank Lofts starting at $2,325 with a $1.74 price per square foot in the Vinegar Hill neighborhood. Here is today’s list of the best values for Central San Pedro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1031 W 12th St, Unit 10311031 W 12th St3BR,3.5BA$2.16
San Pedro Bank LoftsStudioStudio ,1BA$1.74
561 W 17th St, Unit 561561 W 17th St2BR,1BA$2.35
555 W 20th St.2 Bed 2 Bath2BR,2BA$2.57
1107 W 23rd St, Unit B1107 W 23rd St2BR,1BA$2.78
1838 S Grand Ave2BR/2.0BA2BR,2BA$2.58
City View Apartments1 Bed, 1 bath1BR,1BA$2.40
Bridgeport View Apartments1 Bedroom 1 Bathroom1BR,1BA$2.19
572 W 1st St, Unit 572572 W 1st St1BR,1BA$2.69
Bayside Terrace 55 Senior Apartments1x11BR,1BA$2.81

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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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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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Quick 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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Pet Friendly Lifestyle
Central San Pedro, San Pedro, CA

Ranked #2

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Central San Pedro, San Pedro, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap Central San Pedro Apartments

What is the Cheapest Studio apartment in Central San Pedro?

Currently the most affordable Cheap Studio Apartment in Central San Pedro is at The Cabrillo (shared restroom) listed at $1,199.

How much is rent for a Cheap One Bedroom Central San Pedro Apartment?

The lowest price for a Cheap One Bedroom Central San Pedro Apartment is $1,600 at Bridgeport View Apartments.

What is the lowest price for a Cheap Two Bedroom Central San Pedro Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Central San Pedro is starting from $2,295 at 914 Alma Street.

What is the most affordable Central San Pedro Three Bedroom Apartment?

The best deal on a cheap Central San Pedro Three Bedroom Apartment rental is at Thrive on 5th and starts from $3,795.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.