Cheap Apartments for Rent in Montecito, CA from $1,700 (69 Rentals)

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1232 Laguna St
1 to 4 Bedroom Apartments

1232 Laguna St

1232 Laguna StSanta Barbara, CA 93101
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708 N Alisos St
2 to 3 Bedroom Apartments

708 N Alisos St

708 N Alisos StSanta Barbara, CA 93103
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103 Chapala St
1 to 2 Bedroom Apartments

103 Chapala St

103 Chapala StSanta Barbara, CA 93101

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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125-129 W Yanonali St
Studio to 1 Bedroom Apartments

125-129 W Yanonali St

125-129 W Yanonali StSanta Barbara, CA 93101
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818 Garden St
Studio Apartments

818 Garden St

818 Garden StSanta Barbara, CA 93101
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1315 Olive St
Studio to 3 Bedroom Apartments

1315 Olive St

1315 Olive StSanta Barbara, CA 93101
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522-526 E Anapamu St
1 to 2 Bedroom Apartments

522-526 E Anapamu St

522-526 E Anapamu StSanta Barbara, CA 93103
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Chapala One
2 Bedroom Apartments

Chapala One

401-415 Chapala StSanta Barbara, CA 93101
Corporate Housing
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El Andaluz
Studio Apartments

El Andaluz

531 Chapala StSanta Barbara, CA 93101
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123 Natoma Ave
Studio Apartments

123 Natoma Ave

123 Natoma AveSanta Barbara, CA 93101

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1223 Garden St
Studio Apartments

1223 Garden St

1223 Garden StSanta Barbara, CA 93101
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526 E Anapamu St
1 to 2 Bedroom Apartments

526 E Anapamu St

526 E Anapamu StSanta Barbara, CA 93103
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20 W Mason St
1 Bedroom Apartments

20 W Mason St

20 W Mason StSanta Barbara, CA 93101
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Ocean View Apartments
2 Bedroom Apartments

Ocean View Apartments

11 Ocean View AveSanta Barbara, CA 93108
Student Housing
  • Utilities Included
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450 Por La Mar Dr
Studio to 2 Bedroom Apartments

450 Por La Mar Dr

450 Por La Mar DrSanta Barbara, CA 93103
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503 E Anapamu St
1 to 2 Bedroom Apartments

503 E Anapamu St

503 E Anapamu StSanta Barbara, CA 93103
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1226 Alta Vista Rd
1 Bedroom Apartments

1226 Alta Vista Rd

1226 Alta Vista RdSanta Barbara, CA 93103
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522 E Anapamu St
1 Bedroom Apartments

522 E Anapamu St

522 E Anapamu StSanta Barbara, CA 93103
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Oak Terrace
Studio Apartments

Oak Terrace

525 E Arrellaga StSanta Barbara, CA 93103

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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801 E Anapamu St
2 Bedroom Apartments

801 E Anapamu St

801 E Anapamu StSanta Barbara, CA 93103
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1015 Laguna St
2 Bedroom Apartments

1015 Laguna St

1015 Laguna StSanta Barbara, CA 93101
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1024 Laguna St
Studio Apartments

1024 Laguna St

1024 Laguna StSanta Barbara, CA 93101
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Arrellaga Manor
1 Bedroom Apartments

Arrellaga Manor

518 E Arrellaga StSanta Barbara, CA 93103
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1111 E Cota St
3 Bedroom Apartments

1111 E Cota St

1111 E Cota StSanta Barbara, CA 93103
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1022 Garden St
Studio Apartments

1022 Garden St

1022 Garden StSanta Barbara, CA 93101
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319 Lloyd Ave
Studio Apartments

319 Lloyd Ave

319 Lloyd AveSanta Barbara, CA 93101
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221 E Haley St
Studio to 1 Bedroom Apartments

221 E Haley St

221 E Haley StSanta Barbara, CA 93101
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428 Corona Del Mar
2 to 3 Bedroom Apartments

428 Corona Del Mar

428 Corona Del MarSanta Barbara, CA 93103

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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1323 Olive St
Studio to 2 Bedroom Apartments

1323 Olive St

1323 Olive StSanta Barbara, CA 93101
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Sycamore Creek Village
1 to 2 Bedroom Apartments

Sycamore Creek Village

1130 Punta Gorda StSanta Barbara, CA 93103
  • Smoke Free
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2380 Lillie Ave
Studio to 2 Bedroom Apartments

2380 Lillie Ave

2380 Lillie AveSummerland, CA 93067
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509 Fig Ave
Studio to 3 Bedroom Apartments

509 Fig Ave

509 Fig AveSanta Barbara, CA 93101
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414 Chapala St
Studio Apartments

414 Chapala St

414 Chapala StSanta Barbara, CA 93101
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Beachwalk
1 to 3 Bedroom Apartments

Beachwalk

234 S Voluntario StSanta Barbara, CA 93103
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Plaza Riviera
Studio to 2 Bedroom Apartments

Plaza Riviera

835 E Canon Perdido StSanta Barbara, CA 93103
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Montecito, CA Local Guide

Cheapest Available Montecito Apartments for Rent

 

The cheapest available apartment rental in Montecito, CA is a 1 Bed unit found at Villa Flores Apartments in the Riviera neighborhood priced from $2,525. Alena on Haley in the Waterfront neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $3,200. Here is today’s list of the most affordable Montecito apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Flores Apartments1 Bedroom1BR,1BA$2,525
Alena on HaleyStudioStudio,1BA$3,200
1317 Punta Gorda StreetLuxury Townhome2BR,2BA$4,250
El JardinTwo Bedroom, Two Bathroom 2D (mkt)2BR,2BA$4,400

Best Value Apartments for Rent in Montecito, CA

As of July 29, 2026 the best value apartment in the Montecito area is the $4.59 price per square foot Luxury Townhome Model at 1317 Punta Gorda Street in the in the Eastside neighborhood starting from $4,250. The second greatest value Montecito apartment is the Two Bedroom, One Bathroom 2G Model at El Jardin starting at $5,800 with a $7.24 price per square foot in the Waterfront neighborhood. Here is today’s list of the best values for Montecito apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1317 Punta Gorda StreetLuxury Townhome2BR,2.5BA$4.59
El JardinTwo Bedroom, One Bathroom 2G2BR,1BA$7.24
Villa Flores Apartments1 Bedroom1BR,1BA$4.21
Alena on HaleyStudioStudio ,1BA$7.46

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Montecito Apartments

What is the lowest price for a Cheap Two Bedroom Montecito Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montecito is starting from $4,250 at 1317 Punta Gorda Street.

What is the most affordable Montecito Three Bedroom Apartment?

The best deal on a cheap Montecito Three Bedroom Apartment rental is at El Jardin and starts from $4,900.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.