Welcome to the City of Angels, Los Angeles, California! Famous for its iconic Hollywood sign, beautiful beaches, and star-studded streets, LA is a city that many people across the globe dream of calling home. Enticing as it sounds, it’s no secret that big city living can come with an even bigger price tag. The glitz and glamor often come with a cost: your housing price.
While finding an apartment close to all the excitement can be expensive, it is possible to work, play, and rent at a reasonable price. We’ve compiled a list to help you experience the best of Los Angeles without breaking the bank. The five cheapest neighborhoods in Los Angeles in 2023 are:
Southeast Los Angeles
-
Average 1-bedroom rent in LA: $2,080/month
-
Average 1-bedroom rent in Southeast Los Angeles: $1,500/month
-
Median Home Value in Southeast Los Angeles: $645,000
Southeast Los Angeles, or South LA as locals call it, is a neighborhood that perfectly encapsulates the rich tapestry of LA's cultural heritage. This neighborhood, known for its multicultural community and street life, offers residents a taste of LA’s rich heritage while being far removed from the hectic pace of the city center. Commuting from South LA is simple, with easy access to several major highways including I-110 and I-105, and numerous Metro bus lines crisscrossing the area.
Things to do in Southeast Los Angeles
When it comes to things to do in Southeast LA, you'll find that this neighborhood is brimming with cultural experiences waiting to be explored. The famous Watts Towers Art Center is a must-visit. This architectural marvel, built over a span of 33 years, is an emblem of the city's artistic spirit. For food lovers, the neighborhood offers a smorgasbord of culinary delights, with local eateries serving everything from soul food to authentic Latin cuisine. Plus, sports enthusiasts will be thrilled to know that the Los Angeles Memorial Coliseum, home to many historic sporting events, is just a short drive away.
Valley Glen
-
Average 1-bedroom rent in LA: $2,080/month
-
Average 1-bedroom rent in Valley Glen: $1,614/month
-
Median Home Value in Valley Glen: $1.2M
Next on our list is Valley Glen, a tranquil haven nestled in the San Fernando Valley. This peaceful neighborhood, known for its leafy streets and family-friendly vibe, provides residents with a serene retreat from the city's fast-paced lifestyle. Commuting from Valley Glen is made easy, thanks to its proximity to several major freeways including the 101, 170, and 405.
Things to do in Valley Glen
Valley Glen offers an array of recreational activities that cater to a variety of interests. Nature lovers will appreciate a short drive to the beautiful Los Angeles Valley College Botanical Garden, a 1.5-acre oasis that houses over 100 different species of plants. For those seeking excitement, Universal Studios Hollywood is a twenty-minute commute away. This iconic theme park offers thrilling rides and behind-the-scenes tours of some of Hollywood's biggest blockbusters. Plus, the neighborhood is dotted with parks and green spaces, perfect for picnics or leisurely strolls.
Korea Town
-
Average 1-bedroom rent in LA: $2,080/month
-
Average 1-bedroom rent in Korea Town: $1,867/month
-
Median Home Value in Korea Town: $748,000
Affectionately known as K-Town, Korea Town is a mix of traditional Korean culture and modern LA living. With its neon-lit karaoke bars, 24-hour restaurants, and trendy boutiques, K-Town offers a unique slice of life in LA. Plus, with multiple Metro lines, including the Purple and D lines, crisscrossing the area, commuting from Korea Town is made easy for residents.
Things to do in Korea Town
In K-Town, there's never a dull moment. Foodies can indulge in authentic Korean BBQ at one of the many eateries lining the streets, while wellness enthusiasts can unwind at luxurious 24-hour spas offering relaxing treatments. The neighborhood is also home to numerous karaoke bars and nightclubs, so if you're a fan of nightlife, K-Town won't disappoint.
Westlake
-
Average 1-bedroom rent in LA: $2,080/month
-
Average 1-bedroom rent in Westlake: $1,556/month
-
Median Home Value in Westlake: $200,000
Westlake, our next stop, is as lively as it is diverse. Known for its historic architecture, busy street markets, and rich culture, Westlake is a cultural hotspot in LA. Commuting from Westlake is straightforward, thanks to the D and Purple lines that serve the area.
Things to do in Westlake
In Westlake, there's always something to see or do. You can explore the historic MacArthur Park, shop for fresh produce at the local farmers' market, or immerse yourself in the neighborhood's multicultural scene. Plus, downtown LA, with all its attractions, is just a short metro ride away.
Northeast Los Angeles
-
Average 1-bedroom rent in LA: $2,080/month
-
Average 1-bedroom rent in Northeast Los Angeles: $1,600/month
-
Median Home Value in Northeast Los Angeles: $1.2M
Northeast Los Angeles is a collection of neighborhoods known for their hilly terrain, scenic views, and diverse communities. Commuting from Northeast LA is convenient, with access to several major highways including the 2, 5, and 110 freeways, and numerous bus lines.
Things to do in Northeast Los Angeles
Whether you're a nature lover, foodie, or shopaholic, Northeast LA has something for you. You can hike in Elysian Park or explore the trendy shops and eateries along York Boulevard. Downtown Los Angeles is just minutes away for residents looking to explore the city. With so much to offer, it's no wonder that Northeast LA is one of the city's most beloved areas.
Make the Most of Your Move with Apartments.com
Whether you're planning a short-term stay or looking to settle down, Apartments.com has the tools to help you find an affordable apartment easily. Navigate housing across neighborhoods with our customized search engine. Once you find the perfect location, narrow the search to a price range that works for you.
No matter the budget, the options are endless with Apartments.com. Ready to get started? Pay less, live more, and rent on.
*Apartment rent data provided by CoStar Group’s November 2023 reports.
