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Apartments Under $500 in Los Angeles, CA

1 - 7 of 7 Results
7
$ Ask - 2,450
1522 Hi Point St
Los Angeles, CA
1 BR | Nov. 15, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$ Ask - 1,500
Garfield 1832
1832 S Garfield Pl Los Angeles, CA
Studio | Available Now
Contact
Surface Parking
Storage
Pool
8
$ Ask - 1,885
11842 Venice Blvd
Deal
Los Angeles, CA
1 BR | Available Now
Contact
1
$ Ask - 2,499
7404 Western
7404 S Western Ave Los Angeles, CA
3 BR | Available Now
Contact
0
$ Ask - 3,226
Hudson Apartments
640 St Andrews Pl Los Angeles, CA
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
1
$ Ask - 2,950
Compton Ave
8220 Compton Ave Los Angeles, CA
2 BR | Available Now
Contact
1
$441
7301 Crenshaw Blvd
Los Angeles, CA
1 BR | Ask for Availability
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1 - 7 of 7 Results
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  3. Apartments Under $500
Frequently Asked Questions

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

There are 7 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 286 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 901 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 731 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 $18,000.

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

  1. Downtown Los Angeles
  2. Tri-West
  3. Historic Core

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

Welcome to the November 2026 Los Angeles Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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 55 110 165 220 <$1,400 $1,480 $1,640 $1,800 $1,960 $2,120 $2,280 $2,440 $2,600 $2,760 $2,920 $3,080 $3,240 $3,400 >$3,560
This month, the typical cost to rent a one-bedroom apartment in Los Angeles stands at $2,150, with the majority falling between $1,450 and $3,500. Out of the 24,100 one-bedroom apartments currently on the market in Los Angeles, 3 are priced below $500, accounting for 0% of the total available one-bedroom units in Los Angeles.

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

Los Angeles, CA
Long Beach, CA
Anaheim, CA
West Hollywood, CA
Beverly Hills, CA
Santa Monica, CA
50
9
5
5
4
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 November 2026, there are a total of 92 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 November M/M % Change
Los Angeles, CA 51 +1.03%
Long Beach, CA 9 +0.88%
Anaheim, CA 5 +0.96%
West Hollywood, CA 5 +1.24%
Beverly Hills, CA 4 +1.09%
Santa Monica, CA 4 +1.0%
Culver City, CA 2 +1.0%
Burbank, CA 2 +1.35%
Van Nuys, CA 2 +1.23%
Northridge, CA 2 +1.44%

Looking for Apartments Under $500 in Los Angeles?

Available apartments under $500 1,848
Top amenities Fitness Center, Dishwasher, Range / Oven, High Speed Internet, Secured Entry
Deals 35
Pet friendly 12
Utilities included 1
Studio 18
1 Bedroom 60
2 Bedroom 25

Where are Los Angeles Apartments Under $500?

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