Most Affordable Neighborhoods in Los Angeles, CA
Some of the cheapest neighborhoods in Los Angeles are South Central LA, West Adams, and East Hollywood. These neighborhoods offer some of the lowest rent prices in Los Angeles, making them ideal for renters on a budget. As of February 9, 2025, the average rent in Los Angeles is $2,161, which is 0% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
South Central LA
Average Rent
$1,450/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
62/100
Units Available
494 Rentals
South Central offers affordable housing options with easy access to public transportation, making commuting a breeze. Local parks and community centers provide ample recreational activities for residents. An array of eateries and shops line the streets, ensuring daily conveniences are within reach.
West Adams
Average Rent
$2,135/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
70/100
Units Available
376 Rentals
West Adams is noted for its historic architecture and close proximity to major freeways, aiding in effortless travel throughout Los Angeles. Quaint coffee shops and local markets create a welcoming atmosphere. Art galleries and performance spaces add cultural flair to the area.
East Hollywood
Average Rent
$2,419/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
64/100
Units Available
764 Rentals
If you’re looking for a great, affordable neighborhood in Los Angeles, East Hollywood might be the perfect place! It has an average rent price of $2,419, while the city’s average stands at $2,161. In the last year, prices have increased by 0.1%. East Hollywood is near Musicians Institute, Vermont/Sunset Station, and Los Angeles Zoo.
Koreatown
Average Rent
$2,483/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
73/100
Units Available
1,138 Rentals
Koreatown is a top choice for budget-conscious renters for a variety of reasons. The average rent in Koreatown is $2,483 while the city average is $2,161. This is a -0.8% difference from last year. Residents enjoy convenient access to Natural History Museum of LA County, Vermont/Beverly Station, and Mount St. Mary's Coll, Doheny. The neighborhood is considered walkable with a WalkScore® of 92.
Westlake
Average Rent
$2,585/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
78/100
Units Available
571 Rentals
Westlake combines affordability with central location benefits, offering quick commutes to downtown LA. Scenic parks and lakeside paths invite leisurely strolls and outdoor enjoyment. Shopping options range from local boutiques to larger retail stores, providing variety.
Northeast Los Angeles
Average Rent
$2,676/Month
TransitScore® Rating
55/100
Units Available
548 Rentals
Northeast Los Angeles boasts lower rental costs while maintaining a charming, eclectic feel with its local art studios and indie shops. Green spaces and hiking trails attract nature enthusiasts. Community events and farmers' markets foster a tight-knit atmosphere.
Hancock Park
Average Rent
$2,767/Month
Year-Over-Year Rent Change
4.1%
TransitScore® Rating
59/100
Units Available
233 Rentals
Hancock Park, though known for its historic mansions, also offers more affordable rentals within picturesque surroundings. Tree-lined streets and manicured lawns create a serene environment. Proximity to museums and theaters enriches the cultural experience.
Mid-Wilshire
Average Rent
$2,904/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
59/100
Units Available
1,078 Rentals
When you’re looking for a great Los Angeles neighborhood on a budget, check out Mid-Wilshire. The average rent is $2,904, compared to the city average of $2,161. Rent prices have increased by 0.6%. Mid-Wilshire is convenient to Farmdale, Los Angeles International, and Musicians Institute. The community is walkable with a WalkScore® of 89.
Hollywood Hills
Average Rent
$2,945/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
55/100
Units Available
623 Rentals
Hollywood Hills provides stunning views and more affordable rentals than many might expect, especially in lower sections. Hiking trails and scenic overlooks offer outdoor adventure close to home. The area's proximity to entertainment hubs adds allure for renters.
Miracle Mile
Average Rent
$2,946/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
64/100
Units Available
334 Rentals
Miracle Mile is an affordable neighborhood in Los Angeles with an average rent price of $2,946. Compare this to the city average of $2,161. In the past year, rent prices have decreased by 0.3%. Miracle Mile provides easy access to Expo/Crenshaw, Kenneth Hahn State Recreation Area, and Runyon Canyon. It’s a walkable neighborhood with a WalkScore® of 89.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.