411 E Anapamu St
Santa BarbaraCA93101
Cheap Homes for Rent in Montecito, CA from $2,700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Montecito.
906 Chelham Way
MontecitoCA93108
511 Burnham Rd
Oak ViewCA93022
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.
800 Toro Canyon Rd
Santa BarbaraCA93108
112 Por La Mar Cir
Santa BarbaraCA93103
147 Por La Mar Cir
Santa BarbaraCA93103
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.
Showing Results 1-6, Page 1 of 1
Montecito, CA Local Guide
Avocado by Eli Duke is licensed under CC BY 2.0
How much does it cost to rent a home in Montecito?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montecito 2 Bedroom Homes for Rent | $5,431 | $2,900 | $8,900 |
| Montecito 3 Bedroom Homes for Rent | $14,333 | $6,000 | $10,000+ |
| Montecito 4 Bedroom Homes for Rent | $25,825 | $6,500 | $10,000+ |
| Montecito 5 Bedroom Homes for Rent | $47,833 | $10,000 | $10,000+ |
| Montecito 6 Bedroom Homes for Rent | $87,000 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Montecito
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Montecito, CA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $2,450 |
| Alena on Haley | Studio | Studio,1BA | $3,200 |
| 1317 Punta Gorda Street | Luxury Townhome | 2BR,2BA | $4,500 |
Best Value Apartments for Rent in Montecito, CA
As of April 28, 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 $4,500 with a $4.86 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 800 Santa Barbara | Two Bedroom - Furnished or Unfurnished Option | 2BR,2BA | $6.70 |
| 1317 Punta Gorda Street | Luxury Townhome | 2BR,2.5BA | $4.86 |
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $4.08 |
| Alena on Haley | Studio | Studio ,1BA | $7.46 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
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Explore Montecito, CA Rentals by Map
See the most popular apartments and homes in Montecito, CA
Frequently Asked Questions about Montecito
What type of rentals are currently available in Montecito?
There are currently 189 Apartments for Rent in Montecito, CA with pricing that ranges from $2,450 to $7,500. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montecito ranging from $2,750 to $89,000.
What is the current price range for Rental Homes in Montecito?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montecito ranges from $2,750 to $89,000 with an average monthly rent of $30,692.
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
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.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.