16 Apartments under 1400 for rent in Paramount, CA

Last updated May 24 at 5:46pm UTC
Results within 5 miles of Paramount, CA
810 W 137th St
Compton
Compton, CA
Updated May 22 at 12:25pm UTC
1 Bedroom
$1,050
1430 E South St
Lindbergh
Long Beach, CA
Updated April 27 at 1:47am UTC
Studio
$700
11440 Old River School
Downey
Downey, CA
Updated April 26 at 10:05am UTC
Studio
$1,295
Results within 10 miles of Paramount, CA
2073 Locust Ave
Wrigley
Long Beach, CA
Updated May 24 at 5:46pm UTC
1 Bedroom
$1,295
345 E 20th St
Central Long Beach
Long Beach, CA
Updated May 24 at 5:46pm UTC
1 Bedroom
$1,250
11515 South VAN NESS Avenue
East Hawthorne
Hawthorne, CA
Updated May 24 at 4:31pm UTC
1 Bedroom
$1,000
3127 E. 15TH STREET
Lee School
Long Beach, CA
Updated May 24 at 11:07am UTC
1 Bedroom
$1,150
527 Cedar Avenue
Downtown Long Beach
Long Beach, CA
Updated May 23 at 6:13pm UTC
1 Bedroom
$1,225
1055 E Ocean Blvd
Bixby Park
Long Beach, CA
Updated May 22 at 9:40am UTC
Studio
$1,295
773 Freeman Avenue
Eastside
Long Beach, CA
Updated May 17 at 7:37am UTC
1 Bedroom
$1,300
424 Magnolia Avenue
Downtown Long Beach
Long Beach, CA
Updated May 9 at 9:45am UTC
1 Bedroom
$1,300
315 W 3rd Street
Downtown Long Beach
Long Beach, CA
Updated May 5 at 6:02pm UTC
Studio
$1,250
1055 E Ocean Blvd
Bixby Park
Long Beach, CA
Updated May 3 at 1:55am UTC
1 Bedroom
$1,395
455 E Ocean Boulevard 1207
Bixby Park
Long Beach, CA
Updated April 10 at 11:48am UTC
Studio
$1,350
13739 Penn Street
Uptown Whittier
Whittier, CA
Updated May 23 at 9:26am UTC
1 Bedroom
$1,350
6538 Mohican Dr
Buena Park
Buena Park, CA
Updated May 17 at 10:17am UTC
1 Bedroom
$1,200
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May 2018 Paramount Rent Report

Welcome to the May 2018 Paramount Rent Report. Paramount rents remained steady over the past month. In this report, we'll evaluate trends in the Paramount rental market, including comparisons to cities throughout the metro, state, and nation.

View full Paramount Rent Report
Rent Report
Paramount

May 2018 Paramount Rent Report

Welcome to the May 2018 Paramount Rent Report. Paramount rents remained steady over the past month. In this report, we'll evaluate trends in the Paramount rental market, including comparisons to cities throughout the metro, state, and nation.

Paramount rent trends were flat over the past month

Paramount rents have remained flat over the past month, however, they have increased moderately by 2.8% year-over-year. Currently, median rents in Paramount stand at $1,430 for a one-bedroom apartment and $1,840 for a two-bedroom. Paramount's year-over-year rent growth leads the state average of 2.1%, as well as the national average of 1.5%.

Rents rising across the Los Angeles Metro

Throughout the past year, rent increases have been occurring not just in the city of Paramount, but across the entire metro. Of the largest 10 cities that we have data for in the Los Angeles metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Garden Grove has seen the fastest rent growth in the metro, with a year-over-year increase of 5.3%. The median two-bedroom there costs $2,100, while one-bedrooms go for $1,630.
  • Over the past year, Huntington Beach has seen the biggest rent drop in the metro, with a decline of 0.2%. Median two-bedrooms there cost $2,380, while one-bedrooms go for $1,850.
  • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,680; rents fell 0.2% over the past month but rose 2.6% over the past year.
  • Lancaster has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,740; rents decreased 0.1% over the past month but were up 5.1% over the past year.

Many large cities nationwide show more affordable rents compared to Paramount

As rents have increased moderately in Paramount, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Paramount is less affordable for renters.

  • Rents increased moderately in other cities across the state, with California as a whole logging rent growth of 2.1% over the past year. For example, rents have grown by 2.4% in San Jose, 1.9% in San Diego, and 1.3% in San Francisco.
  • Paramount's median two-bedroom rent of $1,840 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 2.8% increase in Paramount.
  • While Paramount's rents rose moderately over the past year, the city of DC saw a decrease of 0.2%.
  • Renters will generally find more expensive prices in Paramount than most large cities. For example, Houston has a median 2BR rent of $1,020, where Paramount is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Los Angeles $1,360 $1,740 0.1% 2.1%
Long Beach $1,370 $1,760 -0.1% 2.0%
Anaheim $1,640 $2,110 -0.3% 3.8%
Santa Ana $1,450 $1,860 -0.6% 1.8%
Irvine $2,080 $2,680 -0.2% 2.6%
Glendale $1,380 $1,770 0.8% -0.0%
Huntington Beach $1,850 $2,380 -0.9% -0.2%
Santa Clarita $1,980 $2,550 1.0% 4.8%
Garden Grove $1,630 $2,100 -0.1% 5.3%
Lancaster $1,350 $1,740 -0.1% 5.1%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.