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Apartments for Rent in Los Angeles, CA under $500

Apartments for Rent in Los Angeles, CA under $500. 10 Rentals Available
10 Rentals Available

Quick filters
  • Only 2 units left
    Studio $1,999
    Base rent
    Verified Listing

    3.0 (1)
    2221 S Western Ave, Los Angeles, CA 90018
    Apply online • Pet friendly • Fitness center
  • Ask for pricing
    5.0 (2)
    4280 Lindblade Dr, Los Angeles, CA 90066
    Pet friendly • Parking • Patio/Balcony
  • Studio $100
    Base rent
    538 South Saint Louis Street, Los Angeles, CA 90033
    Pet friendly • In unit laundry • Public Transportation
  • Studio $325
    Base rent
    Verified Listing

    5.0 (1)
    4909 S Gramercy Place, Los Angeles, CA 90062
  • 1 bd $109+
    Base rent
    Verified Listing

    3.5 (2)
    1121 N. Kings Rd, West Hollywood, CA 90069
    Pet friendly
  • 99 bd $345
    Base rent
    10859 FRUITLAND DRIVE (Fru), STUDIO CITY, CA 91604
    Pet friendly • In unit laundry
  • Studio $387+
    Base rent
    5.0 (1)
    7025-7037 Laurel Canyon Boulevard, North Hollywood, CA 91605
  • Studio $66+
    Base rent
    Verified Listing

    3009-3015 Wabash Ave, Los Angeles, CA 90063
    Pet friendly
  • Studio $120+
    Base rent
    Verified Listing

    1917 Palmerston, Los Angeles, CA 90027
    Pet friendly
9-0-city

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Frequently asked questions

When were prices and availability in Los Angeles, CA last updated?

Prices and availability in Los Angeles, CA were last updated on 24 Jun 2026.

What are the best apartments in Los Angeles, CA?
What type of rental buildings are in Los Angeles, CA?

In Los Angeles, 64% of the residents are renting compared to 36% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 23% of Los Angeles's rentals, 63% are small-scale complexes with under 50 units, and 14% are single-family rentals.

Renting apartments in Los Angeles, CA under $500

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 10 apartments for rent in Los Angeles, CA from 9 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $500, and make the most out of your budget.

Finding the best rental near you

Los Angeles, CA is an amazing place to call home, with several rentals under $500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $109 in Los Angeles, CA, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.