Home to top universities and the heart of the American film industry, Los Angeles has a lot to offer – even for those who aren’t aspiring actors and musicians. From Disneyland to the Santa Monica pier, there is something for everyone in this great city.
But the glitz and glamour comes at a (not so) fair price, as many would say! According to Yardi Matrix, average rent prices in The City of Angels sit around $1,998/month, which is significantly above the national average. At these high rates, many people can’t afford to live here. Still, it’s more than viable to find great apartments that rent for a lot less while offering all the conveniences renters need.
To help you save big bucks, we’ve put together a list of 5 budget-friendly apartments for rent in L.A. under $1,500/month. Choose between studios, 1-bedrooms, and even 2-bedroom apartments around town and close-by:
Ladera Apartments, Ladera Heights – South L.A.: $1,310/month for a 1-bed apartment, 675 sq. ft.
The vintage lovers will adore the 1-bedroom apartments in the charming gated community at Ladera Apartments. Convenient to downtown Los Angeles and 2 miles from the beach, Ladera is near it all: shopping, entertainment, parks, and malls. The rental apartments in this restored 1950s building feature double ceramic sinks, large closets, plush carpets, lots of windows, and separate dining areas. The community takes pride in its award winning maintenance service, available 24/7. While at home, tenants can benefit of a sparkling pool, a fitness center, reserved parking, convenient public transportation nearby, and killer mountain views.
Living at NoHo, North Hollywood: $1,385/month for a studio apartment, 562 sq. ft.
If you want to live at an epicenter of American arts and culture, look no further than Living at NoHo. A bustling arts district provides ample excitement and diversity. Conveniently close to the 101, 170, and 5 freeways, you’re only minutes away from Universal City, the Hollywood Hills, and Griffith Park. Complete with full exercise room and pool, and sundeck, living at NoHo will help you stay fit and tan. You are also free to bring your pet along. Studios are pre-wired for high-speed internet access and boast washer/dryer combos, large closets and amazing mountain views.
DelMor Lofts, Echo Park: $1,450/month for a 1-bed apartment, 526 sq. ft.
Nestled in the artsy Echo Park neighborhood, DelMor Lofts epitomizes the area’s up-and-coming spirit. Located on Echo Park Avenue, this four-story brick building contains 44 apartments above 9 retail stores. You’ll love the amazing views, refurbished hardwood floors, and modern kitchens. With trendy restaurants and boutiques within walking distance, you’ll always have plenty to do around home. And with quick access to the 101 and 5, you’re a quick drive away to Silver Lake, Downtown, and Hollywood. Don’t miss out on this unique opportunity for small neighborhood living in the city.
The Lido Apartments, Hollywood: $1,390/month for a studio apartment, 575 sq. ft.
Located just two blocks from the Walk of Fame, The Lido historic building is minutes from the best Hollywood nightlife and restaurants. The Lido community comes complete with a large gym, Zen garden, and lots of personality. The apartments are fully renovated and offer amazing views of the Hollywood Hills. Many units are equipped with enviable exposed brick and all come with hardwood floors, high ceilings, and walk-in closets. For the aspiring actor or filmmaker, The Lido is just a short distance from the Los Angeles Film School, American Film Institute, New York Film Academy and the American Academy of Dramatic Arts. Most importantly, everybody at the Lido gets to live in a piece of music history– The Eagles famously penned “Hotel California” here.
The Gloria Homes Apartments, South L.A.: from $1,450 / month for a 2-bedroom apartment, 810 sq. ft.
The Gloria Homes Apartments is a gated community situated near Culver City and the 10 freeway. These spacious 2-bedroom apartments include hardwood flooring, gas stoves, and ceiling fans, and upgraded cabinets and countertops. This wonderful community comes complete with 20 acres of tree lined streets, well-kept landscaping, and a 24-hour security patrol. There’s on-site parking, laundry, and maintenance for maximum convenience. What you sacrifice in terms of proximity to nightlife, you more than make up for in square footage and easy access to LAX and popular beaches.
Regardless of where you choose to settle down in L.A. – close to the numerous art scenes or away from the hustle and bustle of downtown – you’ll be sure to find plenty of great apartments for rent for $1,500 or even less. If your budget can stretch up to $2,000/month, also check out these 5 handpicked options.