Los Angeles/ Real Estate & Development
Published on September 26, 2019
The cheapest apartments for rent in Downtown, Los Angeles655 S. Hope St. | Photo: Zumper

According to rental site Zumper, median rents for a one bedroom in Downtown are hovering around $2,876, compared to a $2,000 one-bedroom median for Los Angeles as a whole.

So how does the low-end pricing on a Downtown rental look these days — and what might you get for your money?

We took a look at local listings from Zumper and Apartment Guide to find out what price-conscious apartment seekers can expect to find in the neighborhood, which, according to Walk Score ratings, is a "walker's paradise," is very bikeable and has excellent transit.

Read on for the cheapest listings available right now. (Note: Prices and availability are subject to change.)

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312 W. Fifth St.

Photo: Zumper

Listed at $1,900/month, this 845-square-foot one-bedroom, one-bathroom condo, located at 312 W. Fifth St., is 33.9 percent less than the $2,876/month median rent for a one bedroom in Downtown.

Building amenities include garage parking and secured entry. Also, expect a dishwasher and hardwood flooring in the unit. For those with furry friends in tow, this property is pet-friendly. There isn't a leasing fee associated with this rental.

(See the complete listing here.)

1243 S. Olive St.

Photo: Apartment Guide
Photo: Apartment Guide

Here's a studio apartment at 1243 S. Olive St., which, at 501 square feet, is going for $2,062/month.

Amenities offered in the building include garage parking and on-site laundry. The apartment comes furnished and has a dishwasher and hardwood flooring. Good news for pet lovers: This property is both dog-friendly and cat-friendly.

(See the full listing here.)

655 S. Hope St.

Photo: Zumper
Photo: Zumper

Then there's this 600-square-foot apartment at 655 S. Hope St., listed at $2,200/month.

In the unit, you're promised both air conditioning and central heating, a dishwasher and a walk-in closet. Pet owners, inquire elsewhere: This spot doesn't allow cats or dogs. The building features garage parking and a gym.

(See the listing here.)

232 E. Second St.

Photo: Apartment Guide
Photo: Apartment Guide

Last but not least, check out this 714-square-foot one-bedroom, one-bathroom apartment at 232 E. Second St., listed at $2,296/month.

When it comes to building amenities, expect secured entry. In the unit, anticipate a mix of hardwood floors and carpeting and a dishwasher. For those with furry friends in tow, this property is pet-friendly.

(Here's the listing.)


This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.