Most Affordable Neighborhoods in Los Angeles, CA
Some of the cheapest neighborhoods in Los Angeles are South Central LA, West Adams, and Koreatown. These neighborhoods offer some of the lowest rent prices in Los Angeles, making them ideal for renters on a budget. As of March 14, 2025, the average rent in Los Angeles is $2,163, which is 0.2% 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
$1,479/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
62/100
Units Available
505 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
$2,168/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
70/100
Units Available
426 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.
Koreatown
Average Rent
$2,437/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
73/100
Units Available
1,171 Rentals
If you’re looking for a great, affordable neighborhood in Los Angeles, Koreatown might be the perfect place! It has an average rent price of $2,437, while the city’s average stands at $2,163. In the last year, prices have decreased by 0.7%. Koreatown is near Exposition Park Rose Garden, Koreatown Plaza, and Westlake/Macarthur Park Station.
East Hollywood
Average Rent
$2,453/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
64/100
Units Available
717 Rentals
East Hollywood is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Hollywood is $2,453 while the city average is $2,163. This is a 0.1% difference from last year. Residents enjoy convenient access to Marsh Park, Vermont/Santa Monica Station, and Los Angeles International. The neighborhood is considered walkable with a WalkScore® of 88.
Westlake
Average Rent
$2,569/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
78/100
Units Available
663 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
$2,630/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
55/100
Units Available
572 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.
Hollywood Hills
Average Rent
$2,793/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
55/100
Units Available
631 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
$2,840/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
64/100
Units Available
352 Rentals
When you’re looking for a great Los Angeles neighborhood on a budget, check out Miracle Mile. The average rent is $2,840, compared to the city average of $2,163. Rent prices have decreased by 0.8%. Miracle Mile is convenient to Southwestern Law School, Los Angeles Film School, and 5001 Wilshire Blvd. The community is walkable with a WalkScore® of 89.
Fashion District
Average Rent
$2,882/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
90/100
Units Available
451 Rentals
Fashion District is an affordable neighborhood in Los Angeles with an average rent price of $2,882. Compare this to the city average of $2,163. In the past year, rent prices have increased by 1.1%. Fashion District provides easy access to San Pedro Station, Hollenbeck Lake, and Mount St. Mary's Coll, Doheny. It’s a walkable neighborhood with a WalkScore® of 82.
Mid-Wilshire
Average Rent
$2,887/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
59/100
Units Available
1,138 Rentals
If you’re looking for a great, affordable neighborhood in Los Angeles, Mid-Wilshire might be the perfect place! It has an average rent price of $2,887, while the city’s average stands at $2,163. In the last year, prices have increased by 0.2%. Mid-Wilshire is near Bob Hope, 6th & La Brea, and Leonardo's Plaza.
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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.