Areas With the Lowest Rent in Downtown Los Angeles

Downtown Los Angeles (DTLA) is known for its rapid development, modern high-rises, and energetic business environment. Despite this, there are still pockets where rental prices remain comparatively low. These areas usually offer older buildings, smaller units, or are located slightly away from the busiest commercial corridors, making them attractive for budget-conscious renters.

1. Historic Core

The Historic Core includes many older, converted buildings where apartments tend to be smaller and more affordable. Although the neighborhood has undergone revitalization, it still offers lower rent than the luxury-heavy sections near Bunker Hill or South Park. The mix of historic architecture and modestly priced loft-style units attracts young professionals and students.

2. Fashion District

South of the Historic Core, the Fashion District is one of the most budget-friendly parts of DTLA. Rentals here are often found in older warehouses converted into lofts, with simpler amenities and more industrial surroundings. The area remains popular among renters who want central access without the high costs of high-rise living.

3. South Park (southern edges)

While the center of South Park is known for luxury towers and higher prices, its southern edges—closer to the 10 Freeway—offer more affordable mid-rise and older apartment buildings. These sections provide walkability to major attractions while maintaining lower monthly rent compared to the neighborhood’s core.

4. Chinatown (close to DTLA)

Though technically just north of DTLA, Chinatown is considered part of greater Downtown living for many renters. It remains one of the most affordable areas near the center of Los Angeles, offering older apartment buildings, smaller units, and generally lower demand compared to the Arts District or Little Tokyo. Many people working in DTLA choose Chinatown for its convenient location and lower prices.

5. Pico-Union (western edge of DTLA)

Bordering the western side of Downtown, Pico-Union offers significantly lower rent compared to the core DTLA neighborhoods. The area features older housing stock and a strong residential character, making it an attractive option for renters who want proximity to Downtown without Downtown-level prices.

Conclusion

Downtown Los Angeles offers a wide spectrum of rental opportunities, and the most affordable areas tend to be those with older buildings, industrial surroundings, or locations on the edges of major redevelopment zones. Renters seeking value can find accessible options while still enjoying the energy and convenience of central Los Angeles.

ZIP Codes in Downtown Los Angeles With Relatively Lower Rent

Even within Downtown Los Angeles (DTLA), rental prices vary noticeably by block and ZIP code. Below are several ZIP codes that are often associated with comparatively lower rents, especially in older buildings or converted residential stock.

• 90014 — Covers parts of the Historic Core and Fashion District. Older loft buildings and former office conversions here sometimes offer lower rents than newer luxury towers.
• 90015 — Includes areas near South Park and the Fashion District. While some new developments exist, older mid-rise buildings can still provide more affordable options.
• 90013 — Encompasses sections of the Arts District and Little Tokyo edges. Prices vary widely, but smaller units in older properties may fall below DTLA averages.
• 90012 — Covers Civic Center and parts of Chinatown. Rentals here often include older apartment stock with more moderate pricing compared to central DTLA.
• 90021 — Eastern industrial edge of DTLA. Live-work lofts and converted warehouses may offer lower rents, especially farther from transit hubs.

Note: Availability and pricing can change quickly in DTLA. Lower rent in these ZIP codes is often linked to building age, limited amenities, or distance from transit and nightlife, so reviewing each listing carefully is essential.