How to Find Cheap 1‑Bedroom Apartments in Los Angeles

So you've dreamed of living the Los Angeles lifestyle—sun-soaked days, beach trips, and career prospects in one of the world's entertainment capitals? No matter if it be a young professional looking to make their mark or just seeking change, finding an affordable place to call home, especially a 1-bedroom apartment, in Los Angeles remains a big obstacle on this path to realizing your goals.

Los Angeles may seem expensive, and many parts of it are. The average rent for a 1-bedroom in LA currently sits around the $2,189 - enough to break even those on tight budgets! Yet your dream might not be out of reach after all?

This blog serves as your resource to navigate the Los Angeles rental market to conserve resources. We will explore neighborhoods where your money goes further, discuss types of places within your budget range, and offer specific suggestions of places you might want to check out.

Finding an Affordable Apartment in L.A.

Locating a cheap apartment in Los Angeles takes more than luck; it requires strategy. In particular, focus your search outside the most desirable and expensive neighborhoods like Beverly Hills and Santa Monica, and instead focus on areas offering a great quality of life at lower costs.

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Koreatown: The Center of Los Angeles's Affordable Scene

When it comes to affordability, convenience, and vibrant culture, Koreatown (known by locals as K-Town) is truly a hidden treasure of L.A. Here is why K-Town is an ideal location for finding cheap 1-bedroom apartments:

• Central Location: Koreatown is a transit hub, making it convenient to access Downtown L.A., Hollywood, and other key parts of the city via Metro subway and bus services. These can save gas and parking costs, two of the greatest expenses of living in Los Angeles.
• Walkability: Being within walking distance to many outstanding restaurants, karaoke bars, coffee shops, and grocery stores. A high Walk Score doesn't just indicate location but can enhance it with lifestyle perks that save both time and money.
• Vibrant Culture: From delicious Korean BBQ and authentic bakeries to vibrant nightlife and cultural events, this area provides a dynamic living experience unlike anywhere else in the city.
• Relatively Lower Rents: While rent has increased across the board, Koreatown still provides greater value compared to neighboring areas. Koreatown offers some great rental value with average 1-bedroom rentals hovering around $1,879, significantly below the citywide average and offering amazing convenience in terms of proximity.

Other Cities that Offer Affordable Living Options

Koreatown stands out, but other neighborhoods for affordable 1-bedroom rentals should also be taken into consideration:

• East Hollywood: This area offers the perfect blend of hipster chic and classic L.A. It boasts an eclectic population and numerous rent-controlled buildings that could present tremendous deals if you get lucky.
• Mid-City: Situated between Koreatown and the westside, Mid-City provides an attractive balance of accessibility and slightly lower prices. As it's such a large and diverse area with numerous pockets to discover, Mid-City may just have what you're looking for.
• Boyle Heights: With its rich history and sense of community spirit, Boyle Heights is another top option located east of Downtown LA. It has a reputation for more affordable housing solutions, particularly in older buildings.
• San Fernando Valley: While North Hollywood (NoHo), Van Nuys, and Panorama City may be farther out from Los Angeles City Centre than some other neighborhoods, their lower rents make them worth your while. Although you might need a longer commute if working in central L.A. is your priority.

Smart Strategies for Scoring Affordable Apartments

The Los Angeles rental market moves fast. Thus, when you discover something you like, be ready to act swiftly if possible. Here are a few expert strategies to give yourself an edge:

• Have your documents ready: Landlords will require identification documents, proof of income (pay stubs or an offer letter), and an excellent credit report. Ensure these are ready in one folder for them to review quickly.
• Save for your move: When it comes time to move, be ready to pay both a security deposit, which could amount to one month's rent upfront, and your first month's rent.
• Consider Roomsharing: Sharing two bedrooms could not only lower costs and open up options in more desirable neighborhoods, but could even increase them.
• Co-living options in Los Angeles: Co-living options are becoming an increasingly popular trend that offers fully furnished rooms in shared apartments at much reduced costs than a standard 1-bedroom. Co-living provides great opportunities to save money and meet like-minded individuals while making new connections.

Finding a Great 1-Bedroom in LA: Our Top Picks

I want to show you exactly what's out there right now in terms of 1-bedroom apartments in Koreatown: Many new buildings feature modern amenities while staying within your budget, compared with Santa Monica or Venice Beach.

Tripalink recommends two properties in Koreatown that serve as prime examples of finding the ideal balance between luxury and affordability:

Luna On Wilshire

Luna On Wilshire is an innovative new building designed to feel like a luxury resort and live like home at once, situated right along Wilshire Boulevard - Koreatown's primary thoroughfare.

• The Vibe: This space is modern, sleek, and boasts an idyllic rooftop deck for sunset-view hangouts. Amenities are excellent, including fitness center access, resident events, and a secure parking garage.
• Details: Our one-bedroom apartments feature thoughtful layouts to maximize space utilization. They boast hardwood floors, quartz countertops, and in-unit washer/dryers - something rare in Los Angeles.
• Why it's an Amazing Value: This building offers all of the conveniences associated with modern buildings at more affordable rates, starting from an attractive $1,875, and offers exceptional value. Plus, its location near Metro stations and some of the city's best eateries will help give it that "made-it" feeling without exorbitant rent payments.

The Sawyer

A short walk away from Luna is The Sawyer, another great option for stylish yet affordable living that strikes a balance between comfort and urban convenience.

• The Vibe: The Sawyer offers modern living at its finest with spacious apartments filled with natural light. In addition, its atmosphere of community makes it an excellent way to meet new people if you're new to a city and wish to make new acquaintances.
• Details: These 1-bedroom units were created for easy living, featuring modern finishes and efficient floor plans. Residents can enjoy a collection of upscale amenities, including a rooftop deck with sweeping city views, a fully equipped fitness center, a resident lounge, and a refreshing pool.
• Why It Is an Amazing Deal: Much like Luna, the Sawyer puts you right in the heart of Koreatown with unbeatable prices at new-construction apartments. Currently, there's also an exciting special: Get 2 months free when signing a 15-month lease + $1500 Look & Lease Special (verify with leasing office for details). Take advantage of a prime location without breaking your budget with this prime option that offers spacious living quarters.

Don't Give Up the Los Angeles Dream

Making the move to L.A. can be daunting, so finding an ideal apartment is crucial in making your transition successful. While Los Angeles is known for high prices, that doesn't tell the whole story; being wise about your search, visiting neighborhoods like Koreatown for value hunting can lead to finding cheap 1-bedroom apartments in LA that feel like home.