Cheap Homes for Rent in San Pedro, CA from $1,700 (26 Rentals)

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Search the lowest-cost Homes available for rent right now in San Pedro.

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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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.

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Navigating 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.

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San Pedro, CA Local Guide

Cheapest Neighborhoods for Apartments in San Pedro, CA

Pricing Updated: 06/19/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Coastal San Pedro$5,104$1,450145
Vinegar Hill$5,104$879151
Central San Pedro$5,510$879155
Northwest San pedro$5,510$879166

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 $879. Furnished on Flint in the Watson neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $893. Here is today’s list of the most affordable San Pedro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Cabrillo (shared restroom)Studio with SHARED RESTROOMSStudio,$879
Furnished on Flint0BR/0.5BAStudio,$893
Portside Studio Apartments0BR/0.5BAStudio,$1,026
Ocean View Apartments0BR/1.0BAStudio,1BA$1,450
1001-1007 Banning Blvd.StudioStudio,1BA$1,575
808 W Anaheim St1x11BR,1BA$1,595
Bayside Terrace 55 Senior Apartments1x11BR,1BA$1,695

Best Value Apartments for Rent in San Pedro, CA

As of June 19, 2025 the best value apartment in the San Pedro area is the $2.59 price per square foot 3 bed 2 bath Model at 847 Millmark Grove St. in the in the East Rancho Palos Verdes neighborhood starting from $4,650. The second greatest value San Pedro apartment is the 3 bed 2 bath Model at LaSalle Lofts starting at $3,600 with a $2.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
847 Millmark Grove St.3 bed 2 bath3BR,2BA$2.59
LaSalle Lofts3 bed 2 bath3BR,2BA$2.57
San Pedro Bank LoftsStudioStudio ,1BA$2.35
328 W 17th St, Unit 328 w. 17th328 W 17th St2BR,1.5BA$2.46
750 W Hamilton Ave, Unit A750 W Hamilton Ave2BR,2BA$2.60
25846 Oak StreetTwo Bedroom Oak2BR,1BA$2.52
Narbonne ApartmentsOne Bedroom1BR,1BA$2.28
Twin Oaks Apartments1 bed 1 bath1BR,1BA$2.67
Bayside Terrace 55 Senior Apartments1x11BR,1BA$2.61
401 W 3rd St, Unit 418401 W 3rd St1BR,1BA$2.46

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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Frequently Asked Questions about San Pedro

What type of rentals are currently available in San Pedro?

There are currently 1115 Apartments for Rent in San Pedro, CA with pricing that ranges from $879 to $5,996. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Pedro ranging from $1,795 to $14,000.

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 $1,795 to $14,000 with an average monthly rent of $5,890.

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 $2,950 to $5,601, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $6,600. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $4,984.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.