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Apartments Under $500 in Los Angeles, CA

1 - 14 of 14 Results
4
$ Ask - 2,895
The Rosenell
433 Rosenell Ter Los Angeles, CA
2 BR | Jun. 1, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
22
$350
807 Flower St Unit Room
Los Angeles, CA
1 BR | Available Now
Contact
Air Conditioning
Dishwasher
$ Ask - 2,450
The Mansfield
1460 N Mansfield Ave Los Angeles, CA
2 BR | Available Now
Contact
Air Conditioning
Covered Parking
Fireplace
1
$ Ask - 5,100
1128 W 39th St
1128-1132 W 39th St Los Angeles, CA
3 BR | Aug. 1, 2026
Contact
Dishwasher
1
$ Ask - 2,780
Spacious 2-bed / 2-bath Apartment In Prime Hollywood Location
6042 Barton Ave Los Angeles, CA
2 BR | Available Now
Contact
North Hollywood
13
$ Ask - 4,380
Villas At Kentwood
7430 Arizona Ave Los Angeles, CA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Balcony/Deck/Patio
26
$ Ask - 3,067
1600 Vine
1600 N. Vine Street Los Angeles, CA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
11
$ Ask - 3,200
M Lofts
3425 Motor Ave Los Angeles, CA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
19
$ Ask - 1,385
Ktown Apartments On Catalina
862 South Catalina Street Los Angeles, CA
Studio | Available Now
Contact
Dishwasher
25
$ Ask - 2,455
Chateau Alto Nido Apartments
1851 North Ivar Road Los Angeles, CA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Storage
Dishwasher
17
$ Ask - 3,485
801 North
801 N. Fairfax Avenue Los Angeles, CA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
8
$ Ask - 4,473
Linea
2435 S Sepulveda Blvd Los Angeles, CA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Fitness Center
14
$ Ask - 2,275
El Greco Lofts
1030 Tiverton Avenue Los Angeles, CA
Studio | Available Now
Contact
Luxury
Section 8
Air Conditioning
Balcony/Deck/Patio
Fitness Center
24
$ Ask - 4,418
Midvale
527 Midvale Ave. Los Angeles, CA
1 - 2 BR | Available Now
Contact
Luxury
Section 8
Covered Parking
Balcony/Deck/Patio
Fitness Center
1 - 14 of 14 Results
  1. Home
  2. Los Angeles
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Los Angeles, CA on Rentable.co?

There are 14 apartments under $500 in Los Angeles currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Los Angeles?

Rentable.co has 216 studio apartments under $500 available for rent in Los Angeles.

How many one-bedroom apartments under $500 are available in Los Angeles?

Rentable.co has 854 one-bedroom apartments under $500 available for rent in Los Angeles.

How many two-bedroom apartments under $500 are available in Los Angeles?

Rentable.co has 874 two-bedroom apartments under $500 available for rent in Los Angeles.

Can I afford a apartment under $500 in Los Angeles, CA?

To comfortably afford a apartment under $500 in Los Angeles based on average rent prices, a household would need an annual income of $14,000.

Which neighborhoods have the most apartments under $500 for rent in Los Angeles, CA?

  1. Downtown Los Angeles
  2. Historic Core
  3. Tri-West
  4. Tropico
  5. Thai Town

Apartments Under $500 in Los Angeles, CA: May Rental Information

Welcome to the May 2026 Los Angeles Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Los Angeles rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Los Angeles and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $500 in Los Angeles.

Stay tuned to learn more about the current state of the rental market in Los Angeles, as well as helpful tips and advice for finding the perfect affordable apartment.
0 77 155 232 310 <$1,500 $1,580 $1,740 $1,900 $2,060 $2,220 $2,380 $2,540 $2,700 $2,860 $3,020 $3,180 $3,340 $3,500 >$3,660

Available Apartments Under $500: Los Angeles vs. Surrounding Areas

Los Angeles, CA
Long Beach, CA
Anaheim, CA
West Hollywood, CA
Beverly Hills, CA
Burbank, CA
Santa Monica, CA
Northridge, CA
45
7
5
5
4
3
3
3
The chart above displays the current number of apartments in the Los Angeles, CA metro area that are available for rent under $500. As of May 2026, there are a total of 117 apartments fitting this criteria. This includes apartments in Los Angeles itself, as well as in the surrounding cities of Maywood, Alhambra, Monrovia, Anaheim, Montebello, Monterey Park, Arcadia, Artesia, Azusa, Baldwin Park, Norwalk, Bell, Bell Gardens, Bellflower, Orange, Beverly Hills, Bradbury, Brea, Palos Verdes Estates, Burbank, Paramount, Pasadena, Pico Rivera, Placentia, Carson, Cerritos, Rancho Palos Verdes, Redondo Beach, Commerce, Compton, Covina, Rolling Hills, Rolling Hills Estates, Cudahy, Culver City, Cypress, San Dimas, Diamond Bar, San Fernando, San Gabriel, Downey, Duarte, San Marino, El Monte, El Segundo, Santa Clarita, Santa Fe Springs, Santa Monica, Seal Beach, Fountain Valley, Signal Hill, Fullerton, Garden Grove, Gardena, Glendale, Glendora, South El Monte, South Gate, South Pasadena, Stanton, Hawaiian Gardens, Hawthorne, Temple City, Hermosa Beach, Torrance, Huntington Park, Industry, Inglewood, Vernon, Villa Park, Irwindale, Walnut, La Canada Flintridge, La Habra, La Habra Heights, West Covina, West Hollywood, La Mirada, La Palma, La Puente, Westminster, Whittier, Lakewood, Yorba Linda, Lawndale, Lomita, Long Beach, Los Alamitos, Lynwood, Manhattan Beach, Acton, Encino, Sunland, Valley Glen, Canyon Country, Reseda, Winnetka, Studio City, Sherman Oaks, San Pedro, Sylmar, Buena Park, Wilmington, Van Nuys, Northridge, North Hills, Panorama City, Rowland Heights, Playa Del Rey, Korea Town, Montrose, Pacific Palisades, Granada Hills, City Terrace, Porter Ranch, Altadena, Westchester, Eagle Rock, Sun Valley, and West Los Angeles. Renters looking for affordable options in this area will find a variety of choices within their budget.

Apartments Under $500 Now vs. Last Month: Los Angeles and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Los Angeles, CA 46 +0.93%
Long Beach, CA 7 +0.87%
Anaheim, CA 6 +1.0%
West Hollywood, CA 6 +1.0%
Beverly Hills, CA 4 +1.0%
Burbank, CA 4 +1.09%
Santa Monica, CA 3 +0.94%
Northridge, CA 3 +1.0%
Van Nuys, CA 2 +1.07%
Sherman Oaks, CA 2 +0.5%

Looking for Apartments Under $500 in Los Angeles?

Available apartments under $500 1,979
Top amenities Fitness Center, Dishwasher, Refrigerator, Range / Oven, Off Street Parking
Deals 32
Pet friendly 25
Utilities included 1
Studio 22
1 Bedroom 49
2 Bedroom 40

Where are Los Angeles Apartments Under $500?

Top Neighborhoods Downtown los angeles, Historic core, Tri-west, Tropico, Thai town
Downtown Los Angeles 2
Historic Core 2
Tri-West 1
Tropico 1
Thai Town 1
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