
Cheap Apartments for Rent in Montecito, CA from $1,700 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in Montecito.


Villa Flores Apartments

800 Santa Barbara

116 E Yanonali St, Unit c2

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
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.

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
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.

123 Natoma Ave

1223 Garden St

Prime 8-Unit 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
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.

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
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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
Navigating 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.
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 | $3,175 | $2,850 | $3,500 |
| Cheap Montecito 1 Bedroom Apartments | $3,508 | $2,450 | $5,500 |
| Cheap Montecito 2 Bedroom Apartments | $6,075 | $4,650 | $7,500 |
Browse Top Apartments in Montecito
See all Apartments in MontecitoExplore Montecito
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 | $2,120 |
| 800 Santa Barbara | Studio | Studio,1BA | $3,500 |
Best Value Apartments for Rent in Montecito, CA
As of January 14, 2026 the best value apartment in the Montecito area is the $4.40 price per square foot 116 E Yanonali St Model at 116 E Yanonali St, Unit c2 in the in the Waterfront neighborhood starting from $5,500. The second greatest value Montecito apartment is the One Bedroom Model at 800 Santa Barbara starting at $4,750 with a $6.84 price per square foot in the Upper State 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. |
|---|---|---|---|
| 116 E Yanonali St, Unit c2 | 116 E Yanonali St | 1BR,1.5BA | $4.40 |
| 800 Santa Barbara | One Bedroom | 1BR,1BA | $6.84 |
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $3.53 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
How much is rent for a Cheap One Bedroom Montecito Apartment?
The lowest price for a Cheap One Bedroom Montecito Apartment is $2,120 at Villa Flores Apartments.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!