Save Search

Apartments for Rent in Los Angeles, CA under $500

Quick filters
  • 1 bd $109+
    Base rent
    Verified Listing

    1121 N Kings Road

    3.5 (2)
    1121 N. Kings Rd, West Hollywood, CA 90069
    Pet friendly
  • 1 bd $350
    Base rent
    Verified Listing

    807 Flower Street, Unit Room 4

    807 Flower Street, Los Angeles, CA 90017
    Dishwasher • Air conditioner • Washer/Dryer
  • 3-0-city
Explore popular searches
By lifestyle & amenities

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 15 Sep 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 housing is rented out compared to 36% of homes are owned, according to the most recent Census Bureau estimates. 23% of Los Angeles's apartments are found in large buildings of 50 units or more, 63% are located in smaller apartment complexes with less than 50 units, and 14% are single-family rentals.

Renting apartments in Los Angeles, CA under $500

Searching for apartments for rent in Los Angeles, CA under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Los Angeles, CA. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Los Angeles, CA going for $109 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.