Thrive on 5th
448 W 5th St,
San Pedro, CA 90731
$2,100 - $3,895
Studio - 3 Beds
Central San Pedro sits at the heart of the San Pedro community, touting various rental opportunities throughout the neighborhood as well as an array of commercial corridors. Renters have their choice of spacious apartments, townhomes, and houses in Central San Pedro.
Pacific Avenue, 6th Street, and 7th Street all offer a walkable downtown atmosphere, with historic storefronts containing numerous local businesses, diverse eateries, and unique boutiques. Gaffey Street provides a more suburban feel, with plenty of familiar chain restaurants and national retailers spread along wide streets.
The Battleship USS Iowa Museum, Los Angeles Maritime Museum, and the Pacific Food and Beverage Museum are among the neighborhood’s many historical attractions. Central San Pedro is also convenient to exciting attractions like Cabrillo Marine Aquarium, Point Fermin Park, Angels Gate Park, and nearby Long Beach. Quick access to the 110 and 710 Freeways connects residents to Downtown Los Angeles within minutes.
As of October 2025, the average apartment rent in Central San Pedro is $1,397 for a studio, $1,985 for one bedroom, $2,733 for two bedrooms, and $3,284 for three bedrooms. Apartment rent in Central San Pedro has decreased by -0.8% in the past year.
Studio
446 sq ft
Average Sq Ft
$1,397/month
Average Rent
1 BR
646 sq ft
Average Sq Ft
$1,985/month
Average Rent
2 BR
938 sq ft
Average Sq Ft
$2,733/month
Average Rent
3 BR
1,137 sq ft
Average Sq Ft
$3,284/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.