
Cheap Homes for Rent in San Pedro, CA from $1,000 (19 Rentals)
Search the lowest-cost Homes available for rent right now in San Pedro.


2066 Trudie Dr, Unit RoomforRent

527 W 15th St, Unit 23

441 W Santa Cruz St, Unit C

1316 S Pacific Ave, Unit 11

1318 S Pacific Ave, Unit 11
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.

1132 Wilmington Blvd, Unit 106

867 W 9th St

662 W 12th St, Unit 104

1324 W 35th St

1002 Island Ave

1938 S Grand 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.

28102 Montereina Dr

137 N Marshall Ct, Unit 1

1514 E Young St

22 Cayuse Ln, Unit Suite C

1447 Wilmington Blvd

717 S Meyler St
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.

657 W Oliver St
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 | $2,818 | $1,875 | $4,700 |
| San Pedro 3 Bedroom Homes for Rent | $4,218 | $2,825 | $6,350 |
| San Pedro 4 Bedroom Homes for Rent | $5,264 | $3,875 | $6,750 |
| San Pedro 5 Bedroom Homes for Rent | $12,500 | $10,000 | $10,000+ |
Browse Top Homes for Rent in San Pedro
Explore San Pedro
San Pedro, CA Local Guide
- San Pedro Neighborhoods
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Cheapest Neighborhoods for Apartments in San Pedro, CA
Pricing Updated: 07/10/2026Current 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 |
|---|---|---|---|
| Coastal San Pedro | $3,000 | $1,325 | 18 |
| Central San Pedro | $3,900 | $1,325 | 63 |
| Vinegar Hill | $3,900 | $1,325 | 68 |
| Northwest San pedro | $5,529 | $1,325 | 132 |
Cheapest Available San Pedro Apartments for Rent
 The cheapest available apartment rental in San Pedro, CA is a Studio unit found at 516 Bay View Ave in the Wilmington neighborhood priced from $1,000. Avalon Apartments in the Wilmington neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable San Pedro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 516 Bay View Ave | Studio | Studio,1BA | $1,000 |
| Avalon Apartments | Studio | Studio,1BA | $1,350 |
| Marina View Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,350 |
| 916-918 Watson Ave | Studio, 1 bath | Studio,1BA | $1,395 |
| McDonald | 0 bed, 1 bath - Studio | Studio,1BA | $1,415 |
Best Value Apartments for Rent in San Pedro, CA
As of July 10, 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 1 Bed, 2 Bath Penthouse A3 Model at Thrive on 7th starting at $2,999 with a $2.69 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 |
| Thrive on 7th | 1 Bed, 2 Bath Penthouse A3 | 1BR,2BA | $2.69 |
| 841 W 25th St, Unit 2 | 841 W 25th St | 2BR,1.5BA | $2.43 |
| Seaport Homes Luxury Homes & Townhouses | Residence F | 2BR,2BA | $2.62 |
| 740 W 24th St. | 2 Bed 1 Bath | 2BR,1BA | $2.56 |
| 25846 Oak Street, Lomita | Unit #13 | 2BR,1BA | $2.52 |
| 1107 S Gaffey St, Unit 1107 | 1107 S Gaffey St | 1BR,1BA | $1.95 |
| 322-330 w 9th St | 2BR/1.0BA | 2BR,1BA | $2.64 |
| City View Apartments | 1x1 | 1BR,1BA | $2.40 |
| Avalon Apartments | Studio | Studio ,1BA | $2.34 |
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 1144 Apartments for Rent in San Pedro, CA with pricing that ranges from $1,295 to $5,529. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Pedro ranging from $1,100 to $12,500.
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 $1,100 to $12,500 with an average monthly rent of $4,710.
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 $3,000 to $5,079, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,825 to $6,350. Four Bedroom Single-Family rentals are also available starting from $3,875 and Four Bedroom Apartments start at $3,600.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.