Move-In Ready. Welcome to this beautifully refreshed 2-bedroom, 1-bathroom apartment unit designed for comfortable, low-maintenance urban living. The entire unit has been just repainted from top to bottom and features brand-new flooring throughout-giving it a clean, modern, and inviting feel the moment you walk through the door.
Outdoor & Recreation: Take a quick stroll or bike ride over to the historic South Park Recreation Center, a gorgeous community greenspace featuring sports fields, athletic courts, and a local pool. You are also just minutes away from the peaceful South Los Angeles Wetlands Park.
Ultimate Commuter Convenience: Beat the LA traffic with effortless access to the I-110, I-5, and I-405 freeways, making your morning commute into Downtown LA, the South Bay, or USC completely seamless.
Entertainment & Culture Hub: You are a short commute away from LA's top sports and entertainment landmarks, including SoFi Stadium, BMO Stadium, and the LA Memorial Coliseum. Spend your weekends exploring Exposition Park, the California Science Center, or the stunning Exposition Park Rose Garden.
5 days on RentalSource
RentalSource last checked: 8 hours ago · Listing updated: 8 hours ago
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Property Summary
Property Type:
Apartment
Rental Fee:
$1,998
Bedrooms:
2 beds
Bathrooms:
1 bath
Size:
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Pets:
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Laundry:
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Parking:
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Available:
Now
ID:
84668501
Amenities
•Bike Paths
•Pool
Leasing Information
Fees
•Deposit $1,998 (mandatory, refundable, move-in).
Additional Details
This 2-bedroom, 1-bathroom apartment at 306 E 55th St in Los Angeles, CA 90011 rents for $1,998 a month. 306 E 55th St was advertised by Real Property Management Paramount on October 29, 2026.
How the Rent Compares
At $1,998 a month, this apartment is well below the typical rent for 2-bedroom apartments and condos in Los Angeles (about $2,700).
Typical $2,700This home $1,998
$4,060
From 1,313 two-bedroom apartments and condos listed in Los Angeles on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$2,700Typical rent for 2-bedroom apartments and condos in Los Angeles
The rent has dropped from $2,150 to $1,998 since it was listed on October 29.
Rent history for this home, newest first
Date
Event
Rent
Change
November 3, 2026
Price change
$1,998−7.1%
−7.1%
October 29, 2026
Listed for rent
$2,150
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 306 E 55th St?
Bedrooms
2 bedrooms
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Recommended income
$79,920 /year
With your chosen rent-to-income ratio, an annual income of $79,920 is recommended to comfortably afford this 2-bedroom rental priced at $1,998 per month.
