
Cheap Homes for Rent in San Pedro, CA from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in San Pedro.


426-430 W 22nd St

1316 S Pacific Ave, Unit 15

1318 S Pacific Ave, Unit 15

718 1/2-718 W 40th St

706 McDonald Ave, Unit 205
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.

25502 Cypress St

867 W 9th St

867 W 9th St

105 N Centre St

1002 Island Ave

1054 W 23rd St
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.

137 N Marshall Ct, Unit 1
San Pedro, CA Local Guide

How much does it cost to rent a home in San Pedro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| San Pedro 2 Bedroom Homes for Rent | $2,974 | $1,999 | $4,350 |
| San Pedro 3 Bedroom Homes for Rent | $4,231 | $2,995 | $5,995 |
| San Pedro 4 Bedroom Homes for Rent | $5,875 | $4,500 | $7,250 |
| San Pedro 5 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
| San Pedro 6 Bedroom Homes for Rent | $12,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in San Pedro
Explore San Pedro
San Pedro, CA Local Guide
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Cheapest Neighborhoods for Apartments in San Pedro, CA
Pricing Updated: 05/23/2026Current 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 |
|---|---|---|---|
| Central San Pedro | $4,000 | $1,350 | 77 |
| Coastal San Pedro | $4,495 | $1,350 | 22 |
| Vinegar Hill | $4,495 | $1,350 | 82 |
| Northwest San pedro | $5,529 | $1,350 | 152 |
Cheapest Available San Pedro Apartments for Rent
 The cheapest available apartment rental in San Pedro, CA is a Studio unit found at 916-918 Watson Ave in the Watson neighborhood priced from $1,395. 322-330 w 9th St in the Vinegar Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here is today’s list of the most affordable San Pedro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 916-918 Watson Ave | Studio, 1 bath | Studio,1BA | $1,395 |
| 322-330 w 9th St | 0BR/1.0BA | Studio,1BA | $1,500 |
| BAYVIEW | Deluxe Studio | Studio,1BA | $1,525 |
| Please visit our beautiful, Newly Renovated Spacious Studio Apartment | Studio | Studio,1BA | $1,550 |
| 685 W 4th St | Studio | Studio,1BA | $1,550 |
Best Value Apartments for Rent in San Pedro, CA
As of May 24, 2026 the best value apartment in the San Pedro area is the $1.50 price per square foot Studio Model at San Pedro Bank Lofts in the in the Vinegar Hill neighborhood starting from $2,590. The second greatest value San Pedro apartment is the 2x1.5D_1395 Model at Portofino Townhomes starting at $3,675 with a $2.63 price per square foot in the Northwest San pedro 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 | Studio | Studio ,1BA | $1.50 |
| Portofino Townhomes | 2x1.5D_1395 | 2BR,1.5BA | $2.63 |
| 740 W 24th St. | 2 Bed 1 Bath | 2BR,1BA | $2.56 |
| 1522 Lomita Blvd. | 2 Bed 1 1/2 Bath Small | 2BR,1.5BA | $2.37 |
| 529 W 21st St, Unit #3 | 529 W 21st St | 2BR,1BA | $2.50 |
| City View Apartments | 1x1 | 1BR,1BA | $2.40 |
| Bridgeport View Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.19 |
| Please visit our beautiful, Newly Renovated Spacious Studio Apartment | Studio | Studio ,1BA | $2.21 |
| Bayside Terrace 55 Senior Apartments | 1x1 | 1BR,1BA | $2.61 |
| South Frampton Apartments | 1 Bed, 1 Bath | 1BR,1BA | $2.61 |
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.
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.
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 San Pedro
What type of rentals are currently available in San Pedro?
There are currently 1137 Apartments for Rent in San Pedro, CA with pricing that ranges from $1,350 to $5,529. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Pedro ranging from $1,100 to $12,000.
What is the current price range for Rental Homes in San Pedro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in San Pedro ranges from $1,100 to $12,000 with an average monthly rent of $4,466.
How much are larger Three and Four Bedroom Rentals in San Pedro?
For those who are looking for larger living arrangements, Three Bedroom Apartments in San Pedro range from $3,300 to $5,079, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,995 to $5,995. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $3,800.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.