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Los Angeles is enormous, and that geography is what decides your budget. Stay in Santa Monica or Hollywood and you pay a premium for a location you'll still drive out of; stay in Culver City, Koreatown, or Long Beach and the same trip costs far less. Flights into LAX are competitive year-round, and Burbank (BUR) and Long Beach (LGB) are often cheaper and dramatically faster to get out of. The best of LA — Griffith Observatory, the Getty, Venice Beach, hikes in Runyon and Malibu — is free or close to it. This guide covers where to base yourself, when rates soften, and how to plan days so you're not burning half your trip on the 405.
Koreatown, Culver City, and Long Beach consistently price below Santa Monica, Beverly Hills, and Hollywood while keeping you close to transit and freeway access.
For most itineraries, yes. Metro covers downtown, Hollywood, and Santa Monica well, but anything in the canyons, Malibu, or the valley effectively requires a car or a rideshare budget.
January through early March is the softest window for hotels; summer and awards season are the most expensive.