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

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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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

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.

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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

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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
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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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Plaza Riviera
Studio to 2 Bedroom Apartments

Plaza Riviera

835 E Canon Perdido StSanta Barbara, CA 93103
  • Utilities Included
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Beachwalk
1 to 3 Bedroom Apartments

Beachwalk

234 S Voluntario StSanta Barbara, CA 93103

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 $2,450. 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$2,450
Alena on HaleyStudioStudio,1BA$3,200
1317 Punta Gorda StreetLuxury Townhome2BR,2BA$4,250
800 Santa BarbaraLarger One Bedroom1BR,1BA$5,000

Best Value Apartments for Rent in Montecito, CA

As of June 02, 2026 the best value apartment in the Montecito area is the $6.70 price per square foot Two Bedroom - Furnished or Unfurnished Option Model at 800 Santa Barbara in the in the Upper State neighborhood starting from $7,500. The second greatest value Montecito apartment is the Luxury Townhome Model at 1317 Punta Gorda Street starting at $4,250 with a $4.59 price per square foot in the Eastside 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.
800 Santa BarbaraTwo Bedroom - Furnished or Unfurnished Option2BR,2BA$6.70
1317 Punta Gorda StreetLuxury Townhome2BR,2.5BA$4.59
Villa Flores Apartments1 Bedroom1BR,1BA$4.08
Alena on HaleyStudioStudio ,1BA$7.46
640 Tabor Ln, Unit Studio640 Tabor Ln1BR,1BA$6.00

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:
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Frequently Asked Questions about Cheap Montecito Apartments

How much is rent for a Cheap One Bedroom Montecito Apartment?

The lowest price for a Cheap One Bedroom Montecito Apartment is $2,450 at Villa Flores 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.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.