Looking for cheap apartments in Los Angeles County? Los Angeles County is one the most populous Southern California suburbs of Los Angeles. With property values on the rise, there is a demand for apartments, condos, townhomes and rental homes. Our team has prepared this helpful guide to help you navigate through the rigors of looking for cheap rental apartments and properties in Los Angeles County. The first step in getting an apartment in Los Angeles County is preparation.
Preparation is the key is searching for an apartment in Los Angeles County CA
Many people coming to LA are already familiar with the apartment search process wherever they were. What they are not familiar with is the costs and the size of the city. Unlike other cities, Los Angeles County is colossal plus the cost of living is higher (second only to New York and perhaps San Francisco). Applying for an apartment in Los Angeles County, therefore, can be a daunting process that requires patience and networking. Because of the demand, apartments do fly off the market fast so you have to be ready when an apartment becomes available. The outlying areas of the city (Anaheim, Garden Grove, Chino Hills, Riverside, Simi Valley, Long Beach, etc) can be an excellent option if you are looking for open spacing and some serenity. So get your paperwork ready, your deposit and figure out where you want to focus your search.
When do I start looking for an apartment in Los Angeles County CA?
Like most major cities, LOS ANGELES COUNTY apartments are not listed until four or five weeks before the actual move-in date. If you wait too close to the move date there is a risk that everything you get will already be gone. But this is not an absolute statement. There are instances where an apartment will become available sooner than the 5 weeks. Do some research and check out the apartments you want in good time.
Apartments deals in Los Angeles County
Apartments become available in LA all the time. It’s up to you to be ready when one turns up. Sometimes, there are unbeatable deals. But these go almost as soon as they appear so you must be diligent. We talked earlier about preparation. Getting your finances and documentation ready is critical in case a good deal turns up quickly.
Some people prefer to work with an apartment locator or broker. We’ll discuss this in-depth in the coming paragraphs but if you must use a broker, make sure you’re ready because they can turn up a good deal very fast.
How about roommates?
Many people searching for a list of cheap apartments in LOS ANGELES COUNTY have a family and are therefore not in need of a roommate. But single individuals do sometimes need a roommate in order to meet the rent requirements. If you’re in LA and are single, and want to save some money on housing, then feel free put on a new mindset. There are sites out there where you can screen roommates. Craigslist is one of them and so is Sublet.com and Airbnb.com.
Housing assistance programs in Los Angeles County
Most leasing offices and apartments utilize what is known as the 40-times rule. This means that your annual pre-tax income has to be roughly 40 times the amount of the monthly rent (take your pre-tax income and divide it by 40). In some places, the leasing office will approve if your monthly income is 2.7 times higher than your rent. Some singles find it hard to qualify under this criteria but a roommate can solve the problem. Married couples who both hold a job may not have so much of a problem qualifying.
Another option to explore to see if there are any housing assistance programs in Los Angeles County especially if you are unable to qualify under the 40-times rule. Because of the escalating cost of rental housing, the city has stepped in to assist low to middle-income earners who would otherwise not be able to afford rental prices. Search for LA county housing assistance programs to see if you qualify.
What happens if my credit is bad?
Bad credit is one of the most pressing issues for apartment hunters. This is especially now when we’re weathering tough economic times characterized by high unemployment, low wages, bankruptcies at a record high, judgments, liens, charge-offs and foreclosures. What if I don’t qualify because of credit issues?
One way out of this rant is to get a co-signer. This is someone with good income and good credit. A co-signer may be able to help you get approved if bad credit is an issue. But make sure you inquire before getting a co-signer since not all apartment homes allow co-signing.
Another option can also be to look for apartments that have lenient approval policies. In LA there are numerous second chance apartments that are willing to work with credit-challenged individuals.
Where in Los Angeles County should I live?
This is a subjective question and it depends on a lot of factors. One of the things you will notice when you come to Los Angeles County is the traffic which snarls up for miles on almost every major freeway. We, therefore, recommend that you find an apartment close to where you work in order to minimize on the commute time. Below is a list of cities within the Los Angeles County area.
- West Covina
- Chino Hills
- Rancho Cucamonga
- Yorba Linda
- Los Angeles County
- Newport Beach
- Huntington Beach
- Mission Viejo
- Monterey Park
- Pico Rivera
- Santa Monica
- Culver City
- Marina Del Rey
- Manhattan Beach
- Long Beach
- Palo Verdes Estates
- La Habra
- Santa Clarita
- Thousand Oaks
- Simi Valley
- Beverly Hills
- Fountain Valley
Where you live relative to your work also depends on whether you have reliable transportation. If you do not have a personal vehicle, then you might want to consider living very close to where you work or a neighborhood that has a bus line.
What types of apartments can one rent in Los Angeles County?
There are all types of cheap housing in Los Angeles County. The type and size of apartment youll live will depend on your budget. If you are unsure of what is out there, try checking with an apartment locator or broker. Some of them may charge a fee but most don’t.