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Apartments under $500 for Rent in Los Angeles, CA

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Living & Renting in Los Angeles

Los Angeles at a Glance

Average Rent

$2,172
(All bedrooms and property types)
Learn more about
Average Rent in Los Angeles
9

School Rating

out of 10 Rating
Learn more about
Schools in Los Angeles
63

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Los Angeles
66

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Los Angeles

Los Angeles, CA Apartments for Rent

Los Angeles is California's most populous city and Southern California's commercial, financial, and cultural powerhouse, with nearly 3.9 million residents calling it home. If you're searching for apartments for rent in Los Angeles, you'll discover a sprawling metropolis stretching from rugged mountains to sandy coastlines, featuring everything from historic Spanish-style architecture to modern high-rise living across 474 square miles.

Renting in Los Angeles works well for budget-conscious renters thanks to diverse neighborhoods and housing options—from affordable studio apartments in Koreatown starting around $1,698 to beachside communities in Venice and Santa Monica. The city offers excellent employment opportunities in entertainment, technology, and education, with major universities like UCLA and USC nearby. You'll enjoy year-round mild weather averaging 70 degrees, extensive public transportation through Metro rail and bus systems, and easy freeway access connecting you to all of Southern California. With world-class dining, iconic attractions like the Hollywood Walk of Fame and Griffith Observatory, plus beaches and hiking trails minutes away, Los Angeles apartment communities deliver an unbeatable lifestyle.

Why Los Angeles?

  • Movies, movie stars, the Kodak Theatre, and Universal Studios Hollywood.
  • Luxury — Rodeo Drive, five-star restaurants, spas, and the Beverly Wilshire.
  • Art — amazing architecture, sculpture gardens, galleries, and film-making.
  • Nature — Hiking at Topanga State Park and in the Santa Monica Mountains.
  • Sports at the STAPLES Center — the NBA LA Lakers and the NHL LA Kings.
  • LA Live — featuring five-star restaurants, bars, shopping, and live entertainment.

Renting in Los Angeles

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Los Angeles

(For 1 bedroom apartments)

Getting Around Los Angeles

Transportation

83

Very Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
66

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
63

Good Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

GreatSchools Rating
Harbor Teacher Preparation Academy

Public High School

Public
Grades 9-12
452 Students
GreatSchools Rating
Middle College High

Public High School

Public
Grades 9-12
361 Students
GreatSchools Rating
Math Science & Technology Magnet Academy At Roosevelt High

Public High School

Public
Grades 9-12
534 Students
GreatSchools Rating
Oliver Wendell Holmes Middle

Public Middle School

Public
Grades 6-8
870 Students
GreatSchools Rating
George K. Porter Middle

Public Middle School

Public
Grades 6-8
1,009 Students
GreatSchools Rating
Third Street Elementary

Public Elementary School

Public
Grades K-5
717 Students
GreatSchools Rating
Park Western Place Elementary

Public Elementary School

Public
Grades K-5
528 Students
GreatSchools Rating
Overland Avenue Elementary

Public Elementary School

Public
Grades K-5
485 Students
GreatSchools Rating
Mayall Street Elementary

Public Elementary School

Public
Grades K-5
471 Students
GreatSchools Rating
Roscomare Road Elementary

Public Elementary School

Public
Grades K-5
438 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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