
Cheap Homes for Rent in San Pedro, CA from $1,000 (18 Rentals)
Search the lowest-cost Homes available for rent right now in San Pedro.


1316 S Pacific Ave

346 -348 1/2 W Sepulveda Street, Unit 348 Sepulveda Street

1318 S Pacific Ave

25502 Cypress St

25925 Narbonne Ave
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.

1138 1/2 N Blinn Ave

426-430 W 22nd St

426-430 W 22nd St

359 W Amar St

105 N Centre St

664 W 3rd St
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.

654 W 21st St

664 W 3rd St

917 S Averill Ave

1209 S Grand Ave

511 S Harbor Blvd

657 W Oliver St
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.
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 | $2,859 | $2,280 | $4,995 |
| San Pedro 3 Bedroom Homes for Rent | $4,317 | $3,100 | $5,500 |
| San Pedro 4 Bedroom Homes for Rent | $6,081 | $3,595 | $10,000+ |
Browse Top Homes for Rent in San Pedro
Explore San Pedro
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: 04/03/2026Current 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 | $4,028 | $1,400 | 92 |
| Coastal San Pedro | $4,575 | $1,400 | 29 |
| Vinegar Hill | $4,575 | $1,400 | 102 |
| Northwest San pedro | $5,024 | $1,400 | 155 |
Cheapest Available San Pedro Apartments for Rent
 The cheapest available apartment rental in San Pedro, CA is a Studio unit found at 254th Street in the Lomita Pines neighborhood priced from $1,295. 916-918 Watson Ave in the Watson 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 |
|---|---|---|---|
| 254th Street | Cozy single | Studio,1BA | $1,295 |
| 916-918 Watson Ave | Studio, 1 bath | Studio,1BA | $1,395 |
| 633 Broad Ave. | Studio | Studio,1BA | $1,595 |
| 1601-1611 W Lomita | Studio | Studio,1BA | $1,595 |
| Bridgeport View Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,600 |
Best Value Apartments for Rent in San Pedro, CA
As of April 03, 2026 the best value apartment in the San Pedro area is the $1.65 price per square foot 985 W 9th St Model at 985 W 9th St, Unit Unit 1 in the in the East Rancho Palos Verdes neighborhood starting from $3,900. The second greatest value San Pedro apartment is the 1x2 Model at San Pedro Bank Lofts starting at $3,391 with a $2.10 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. |
|---|---|---|---|
| 985 W 9th St, Unit Unit 1 | 985 W 9th St | 4BR,2BA | $1.65 |
| San Pedro Bank Lofts | 1x2 | 1BR,2BA | $2.10 |
| Harborview | Newport | 2BR,2BA | $2.56 |
| Portofino Townhomes | 2x1.5_1152 | 2BR,1.5BA | $2.65 |
| Anchor Point | 2+1 | 2BR,1BA | $2.09 |
| 740 W 24th St. | 2 Bed 1 Bath | 2BR,1BA | $2.56 |
| Wilmington Place Apartments | 2 Bed 2 Bath | 2BR,2BA | $2.33 |
| City View Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.40 |
| Bridgeport View Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.19 |
| South Frampton Apartments | 1 Bed, 1 Bath | 1BR,1BA | $2.61 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 1142 Apartments for Rent in San Pedro, CA with pricing that ranges from $1,395 to $5,539. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Pedro ranging from $1,095 to $11,500.
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 $1,095 to $11,500 with an average monthly rent of $3,327.
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 $5,509, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,100 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,595 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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.