Question: Where Is The Cheapest Place To Rent In LA?

Where is the cheapest place to rent an apartment?

Here’s a closer look at the 10 U.S.

cities where renters pay the least:Detroit, Mich.

Tulsa, Okla.

Median rent: $950.

Indianapolis, Ind.

Median rent: $937.

Lincoln, Neb.

Median rent: $907.

Kansas City, Mo.

Median rent: $885.

Glendale, Ariz.

Median rent: $751.

Memphis, Tenn.

Median rent: $728.

Toledo, Ohio.

Median rent: $550.More items…•.

Is 50k a good salary in California?

So basically speaking, 50K gross is NOT nearly enough in less you find 2 or 3 roommates to share ALL expenses. Now if you can live/work in some of the more remote areas of Calif. some desert and forest areas, you can possibly make it on that amount, but you would have NO extras. … Calif is a very expensive place to live.

What is a livable salary in California?

A single person in California needs to earn, on average, about $12.30/hour working full time to cover basic living expenses. Add a kid to the mix, and that rate rises sharply to more than $25/hour. That’s according to the Living Wage Calculator created by Amy K.

Will Rent Prices Drop in Los Angeles?

Apartment rents in Los Angeles have declined 6% since the start of the pandemic, according to research from Apartment List. In September alone, rents fell 1.1% in the market. While this is a significant decrease, Los Angeles ranked 11th in the US for its drop in rents.

What city has cheapest rent?

The top 100 cheap places to rentRankCityAverage 1-BR Rent1Fort Smith$4662Greenville$5333Texarkana$5404Russellville$54253 more rows•May 21, 2020

What states rent cheap?

Top 5 Cheapest States to Live In for Renters, by Median RentWest Virginia – $800.Indiana – $862.Iowa – $892.Arkansas – $934.Wisconsin – $954.

How can I move to LA cheap?

10 Moving Tips for Relocating to Los Angeles on a BudgetGet ready to pay for your car.Consider public transit.Seriously, consider public transit.Move to East Hollywood.Bring your old clothes and furniture.Ship your belongings.Network, network, network.Work for free… for a bit.More items…•

Can you live in LA on 50000 a year?

Yes, you can survive, but you’re not likely going to be able to buy real estate anywhere you would want to live or that seems like the California you may imagine. In Los Angeles County the line defined as low income for 1 person is actually $50,500 annually as of March 2018.

Is $20 an hour good in California?

In California’s interior you can manage on $20 an hour reasonably well. On the coast it is still pretty much a poverty wage. … It is higher than the Calif minimum wage, which is around $11 right now, and each county decides on a living wage, not the state.

Is 60k a good salary in Los Angeles?

LA is full of good stuff, and 60k is absolutely liveable. I did it at that rate, just watch your debt. Its a fun city and 60k is just enough to make you think you have spending$$ when you really don’t. There’s good food everywhere – and fun to be had for every interest.

Can you live in LA on 40000 a year?

A 40k salary won’t get you very far in a pricey city like LA. Buying a house is probably out of the question, unless you want some house in really bad condition that you are willing to put a lot of time into renovating. Probably you would be better off renting a studio or 1 bedroom.

Where can I live for $500 a month?

5 Gorgeous Places You Can Live For Under $500 A Month Leon, Nicaragua. Costa Rica tends to be the #1 destination for foreigners, but its neighbor, Nicaragua, is just as beautiful and accommodating to tourists or prospective expats. … Chiang Mai, Thailand. … Las Tablas, Panama. … Medellin, Colombia. … Languedoc-Roussillon, France.

What is the most dangerous city in California?

Top 10 Most Dangerous California CitiesEmeryville. Emeryville is the number one most dangerous city in California. … Oakland. Oakland, California, ranks as the second most dangerous city. … Commerce. Commerce is the third most dangerous city in California. … Red Bluff. … Barstow. … West Hollywood.

Can you live in LA on minimum wage?

NO!!! Originally Answered: Can you live in Los Angeles on minimum wage? Only if you are living with several other people such as relatives. You cannot live by yourself on minimum wage unless you are homeless.

What is the cheapest city to live in Los Angeles County?

1. Lancaster. The cheapest place to live near L.A., Lancaster is found in the Antelope Valley, in the northern end of Los Angeles County. The town offers the perfect escape from the hustle and bustle of the city but isn’t too far away for quick trips to DTLA.

What salary do you need to live in LA?

Using the 50-30-20 rule for personal budgeting (50 percent of income toward necessary costs like housing and food, 30 percent for “discretionary spending” like entertainment and going out, 20 percent for savings), an Angeleno needs to make $74,371 a year to live “comfortably” in Los Angeles, a study by finance site …

How much does it cost to rent in LA?

Los Angeles, CA Rental Market Trends The average rent for an apartment in Los Angeles is $2,524, a 2% increase compared to the previous year.