B
Can You Pay? Marina Del Ray
Housing near campus ranges from very pricey to somewhat affordable (if you're looking at a "NORMAL"/realistic college student budget). The housing nearby is very nice and very.. luxury oriented, however there are more affordable options available in nearby cities like Culver City. Since the economic status of the students varies, so do their typical off-campus housing picks. LMU is home to many, many affluent students who make up the majority, but there are many students of 'normal' economic standing too.
Housing in Los Angeles is generally expensive, finding an apartment won't be hard, and splitting rent will bring the price down a lot, but you're looking at an average of $2,000/month for a studio-2bedroom (2 bed in the less expensive areas)