LAX Terminal 5 Parking Rates: Every Option Compared

LAX Terminal 5 parking is the on-airport option served by Parking Structure P5, part of the Central Terminal Area (CTA) garage system managed by Los Angeles World Airports (LAWA). As of 2026, the CTA garage daily maximum is $60/day for general parking. Off-airport lots start at just $7.72/day — a saving of over 85% compared to on-airport rates. Most travelers flying through Terminal 5 have better options than paying full on-airport prices, and this guide breaks down every rate, lot, and shuttle you need to know.

• On-airport P5 general parking costs up to $60/day, with hourly rates starting at $9 for the first hour.
• LAX Economy Parking caps at $35/day and connects to all terminals via free shuttle every 10-15 minutes.
• LAX Budget Parking is the cheapest on-airport option at $20/day maximum.
• Off-airport lots range from $7.72/day (105 Airport Parking) to $31.95/day (WallyPark Express), all with free 24/7 shuttles.
• Note: P5 in the CTA is currently closed — travelers should use Economy or Budget Parking, or an off-airport lot, as the best alternatives.
• Book in advance through LAWA's official portal or a comparison tool to lock in lower rates before peak travel periods.

Back to LAX Airport Parking Prices | Complete LAX Airport Parking Guide

How Much Does LAX Terminal 5 Parking Cost in 2026?

LAX Terminal 5 parking rates follow the same CTA structure pricing that applies across all terminal garages. General parking in the CTA garages costs $9 for the first hour, then $7 for each additional 30 minutes, up to a daily maximum of $60 (verified April 2026, per LAWA's official parking page). Premium reserved spaces cap at $70/day, and valet service is available at select structures for up to $75/day.

The key thing to know: P5 — the parking structure directly attached to Terminal 5 — is currently closed as part of the Transforming LAX modernization program. This means Terminal 5 travelers need to use nearby structures, the Economy Lot, Budget Parking, or an off-airport lot instead. Planning around this now saves real frustration at the curb.

Compare LAX Terminal 5 parking rates from $7.72/day — search all LAX lots on Triply and lock in your rate before peak travel demand fills the cheapest spots.

Where Is the Closest Parking to LAX Terminal 5?

The closest on-airport parking to Terminal 5 is Parking Structure P5, which sits directly adjacent to the terminal within the Central Terminal Area. However, P5 is currently closed due to LAX construction. The next closest on-airport options are P4 (serving Terminal 4) and P6 (serving Terminal 6), both reachable via the free LAX-it shuttle or a short walk along the CTA roadway.

For travelers who want the most walkable option, use the CTA shuttle to get between terminals once inside the secured area. The free LAX Shuttle (A and C lines) connects all terminals within the CTA, running continuously. Factor in an extra 10-15 minutes if you park at P4 or P6 and need to reach Terminal 5 gates.

Once the Automated People Mover (APM) opens around June 2026, getting between LAX Economy Parking, the Metro Transit Center, and CTA terminals will be faster and more direct. The APM is part of LAWA's Transforming LAX program targeting completion ahead of the 2028 Olympics.

Which Airlines Fly Out of LAX Terminal 5?

LAX Terminal 5 currently has no airlines listed as primary tenants in LAWA's verified terminal assignments. Airlines that have historically operated from Terminal 5 have shifted to neighboring terminals during the ongoing construction and renovation program. Before you park, always confirm your terminal directly with your airline — gate assignments at LAX can change, especially during active construction phases.

Neighboring terminals are well-served by major carriers. Terminal 4 is an American Airlines hub. Terminal 6 hosts Alaska Airlines and Hawaiian Airlines. If your airline has moved your departure to either of those terminals, our guide to LAX Terminal 6 parking fees covers those rates in detail. For American Airlines travelers checking in at Terminal 4, the nearby P4 garage applies the same CTA rate structure.

What Is the Cheapest Way to Park at LAX Terminal 5?

The cheapest way to park for a Terminal 5 departure is an off-airport lot booked in advance. Based on current Triply rates, 105 Airport Parking offers the lowest daily rate at $7.72/day — more than 85% cheaper than the $60/day CTA maximum. All off-airport lots include free 24/7 shuttle service to LAX terminals, so the savings don't cost you convenience.

Here's a quick ranking of the cheapest parking options near LAX Terminal 5:

1. 105 Airport Parking — $7.72/day, indoor garage + rooftop, free shuttle every 25-30 min
2. LAX Budget Parking — $20/day max, on-airport, free shuttle
3. QuikPark LAX — $16.95/day, covered garage, free shuttle every 5-10 min
4. Joe's Airport Parking — $17.95/day, covered self-park, 1,400+ spaces, free shuttle every 15-20 min
5. LAX Economy Parking — $35/day max, on-airport, free shuttle every 10-15 min

For a longer trip, the savings from off-airport lots add up fast. A 7-day trip at 105 Airport Parking costs around $54, compared to $420 at the CTA daily maximum — a difference of nearly $366. If you want the full comparison of long-stay lots, our LAX long term parking reviews article digs into the best-reviewed lots for extended trips.

How Do You Get from LAX Economy Lots to Terminal 5?

Getting from LAX Economy Parking to Terminal 5 is straightforward. The Economy Lot free shuttle runs every 10-15 minutes, 24 hours a day. It picks up from the Economy Parking structure and drops off at each terminal in the CTA loop, including Terminal 5. Budget about 20-30 minutes total for the shuttle ride plus walking time to your check-in counter.

Here's the step-by-step process from Economy Parking:

1. Park your car in the Economy Lot (southeast of the CTA ring road).
2. Follow signage to the Economy Parking shuttle stop.
3. Board the free shuttle — it runs every 10-15 minutes.
4. Ride to the Terminal 5 drop-off point on the upper (departure) level.
5. Head to your airline's check-in counter and proceed to security.

Once the LAX Automated People Mover opens around June 2026, the connection between Economy Parking and all terminals will shift to an elevated train system. The APM will link the Economy Lot, ConRAC (car rental facility), Metro Transit Center, and every terminal. Travel time will be faster and more predictable than the current shuttle. Check the LAWA APM project page for the latest opening update.

If you're driving in on the day of travel, check real-time traffic on Waze before heading out. The I-405 and I-105 interchange near LAX can add 20-40 minutes during peak hours, and Century Boulevard gets congested close to departure times.

What Are the Best Off-Airport Parking Options Near LAX Terminal 5?

Off-airport lots near LAX offer covered, secure parking with free shuttles to all terminals — including Terminal 5. Based on verified Triply data, here are the top options ranked by price and amenities:

The Parking Spot Century and The Parking Spot Sepulveda are popular choices for Terminal 5 travelers who want EV charging and covered parking at a mid-range price. Both are located off Century Boulevard and Sepulveda Boulevard — major roads that feed directly into LAX's CTA entrance. For more detail on The Parking Spot properties, see our full guide to Parking Spot Los Angeles Airport options.

Should You Book LAX Terminal 5 Parking in Advance?

Booking LAX parking in advance almost always saves money and guarantees your spot. Drive-up rates at off-airport lots can run higher than pre-booked rates, and popular covered lots near Terminal 5 fill up fast on Friday afternoons and holiday weekends. Booking 48-72 hours ahead is the sweet spot for most travelers.

Here's why advance booking makes sense for Terminal 5:

• P5 is closed — nearby alternatives have limited capacity and fill up faster than usual.
• Peak season surges — summer, Thanksgiving, and spring break push demand up sharply at LAX.
• Free cancellation — every verified lot on Triply offers free cancellation, so there's no downside to booking early.
• Lock in the cheapest rate — off-airport lots like 105 Airport Parking at $7.72/day sell out their lowest tiers first.

You can book through LAWA's official parking reservation portal for on-airport Economy and Budget lots. For off-airport lots, compare all options in one place on Triply's LAX parking search. Review your TSA security screening requirements at the same time — knowing your screening needs helps you decide how early to arrive and how far from the terminal you can afford to park.

Is There Accessible Parking Available at LAX Terminal 5?

ADA-accessible parking spaces are available throughout LAX's CTA garages and Economy Lot, per LAWA policy. Since P5 is currently closed, travelers requiring accessible parking should use the Economy Parking lot, which includes designated accessible spaces and a shuttle service equipped for mobility needs. The free shuttle drops off directly at the Terminal 5 departure level.

If you need valet service, it's available at P1, P3, P4, and P7 for up to $75/day. Valet is a practical option for travelers with mobility challenges, since staff handles the parking entirely. Off-airport lots with accessible parking include WallyPark Premier Garage and The Parking Spot Century — both offer covered spaces and ground-level drop-off areas. Always call ahead to confirm accessible space availability during peak periods.

Tips for Saving on LAX Terminal 5 Parking

A few simple habits can cut your LAX parking bill significantly:

• Book off-airport — 105 Airport Parking at $7.72/day saves over $52/day versus the CTA $60 maximum.
• Use Economy Parking for medium-length trips — at $35/day, it's the most affordable on-airport option when P5 is closed.
• Avoid drive-up CTA pricing — walk-up hourly rates at $9 for the first 30 minutes add up fast for trips over a few hours.
• Check for promo codes — our guide on LAX airport parking discounts covers every current deal.
• Compare before you commit — Triply lists all verified lots side-by-side so you see the real price with shuttle info included.
• Travel light — if you can skip a checked bag, rideshare from El Segundo or Westchester neighborhoods can beat short-term parking costs for trips under 2 days.

LAX is in the middle of a multi-billion dollar Transforming LAX construction program targeting major milestones for the 2026 FIFA World Cup and 2028 Olympics. Expect some signage changes and temporary lot closures through 2026. Always verify your lot entrance before arrival — and give yourself extra time on game days or during major events at SoFi Stadium nearby.

Ready to find the best LAX Terminal 5 parking rate? Compare every verified LAX parking lot on Triply — from $7.72/day with free shuttles and free cancellation included.