
Cheap Apartments for Rent in Montecito, CA from $2,525 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in Montecito.


800 Santa Barbara St

Villa Flores Apartments

Total Monthly Price
909 Laguna St, Unit B

1232 Laguna St

118-122 Los Aguajes Ave

401 1/2 Old Coast Hwy

708 N Alisos St

1514 Eucalyptus Hill Rd

2305 Golden Gate Ave
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.

103 Chapala St

823 E De La Guerra St

1062 Coast Village Rd

125-129 W Yanonali St

818 Garden St

1315 Olive St

1214 Coast Village Rd

522-526 E Anapamu St

Chapala One

El Andaluz
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.

123 Natoma Ave

1223 Garden St

Prime 8-Apartment Building in West Beach

526 E Anapamu St

20 W Mason St

Ocean View Apartments

450 Por La Mar Dr

503 E Anapamu St

1226 Alta Vista Rd

522 E Anapamu St
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.

Oak Terrace

801 E Anapamu St

1015 Laguna St

1024 Laguna St

Arrellaga Manor

1111 E Cota St

1022 Garden St

319 Lloyd Ave

221 E Haley St

312-314 E Figueroa St
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.

428 Corona Del Mar

1323 Olive St

Sycamore Creek Village

501 E Micheltorena St

2380 Lillie Ave

509 Fig Ave

515 E Arrellaga St

414 Chapala St

Olive Street Lofts

Plaza Riviera
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

How much does it cost to rent an apartment in Montecito?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Montecito Studio Apartments | $2,895 | $2,895 | $2,895 |
| Cheap Montecito 1 Bedroom Apartments | $4,283 | $2,525 | $5,950 |
| Cheap Montecito 2 Bedroom Apartments | $4,557 | $3,900 | $5,250 |
| Cheap Montecito 3 Bedroom Apartments | $6,500 | $5,600 | $7,100 |
Browse Top Apartments in Montecito
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Montecito, CA Local Guide
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Cheapest Available Montecito Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $2,525 |
| El Jardin | Two Bedroom, Two Bathroom 2B/2C (mkt) | 2BR,2BA | $4,300 |
Best Value Apartments for Rent in Montecito, CA
As of September 13, 2026 the best value apartment in the Montecito area is the $6.49 price per square foot Two Bedroom, One Bathroom 2G Model at El Jardin in the in the Waterfront neighborhood starting from $5,200. The second greatest value Montecito apartment is the 1 Bedroom Model at Villa Flores Apartments starting at $2,525 with a $4.21 price per square foot in the Riviera neighborhood. Here is today’s list of the best values for Montecito apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| El Jardin | Two Bedroom, One Bathroom 2G | 2BR,1BA | $6.49 |
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $4.21 |
| 2534 Whitney Ave, Unit 2534 Whitney Avenue Unit C | 2534 Whitney Ave | Studio ,1BA | $14.48 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montecito, CA Rentals by Map
See the most popular apartments and homes in Montecito, CA
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 $4,300 at El Jardin.
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 $5,600.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.