521 W Montecito St, Unit 1
521 W Montecito St
Santa BarbaraCA93101
Cheap Homes for Rent in Downtown Santa Barbara Neighborhood of Santa Barbara, CA from $2,400 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Santa Barbara area of Santa Barbara.
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.
411 E Anapamu St
Santa BarbaraCA93101
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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Downtown Santa Barbara, Santa Barbara, CA Local Guide
How much does it cost to rent a home in Downtown Santa Barbara?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Santa Barbara 2 Bedroom Homes for Rent | $4,099 | $2,400 | $5,000 |
| Downtown Santa Barbara 3 Bedroom Homes for Rent | $10,433 | $4,750 | $10,000+ |
| Downtown Santa Barbara 5 Bedroom Homes for Rent | $6,200 | $6,200 | $6,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Downtown Santa Barbara Neighborhood of Santa Barbara, CA.
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Downtown Santa Barbara, Santa Barbara, CA Local Guide
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Best Value Apartments for Rent in Downtown Santa Barbara, CA
As of June 08, 2026 the best value apartment in the Downtown Santa Barbara 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 Downtown Santa Barbara apartment is the 214 W De la Guerra St Model at 214 W De la Guerra St, Unit 214 w. De La Guerra St starting at $3,395 with a $3.77 price per square foot in the Westside neighborhood. Here is today’s list of the best values for Downtown Santa Barbara 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 |
| 214 W De la Guerra St, Unit 214 w. De La Guerra St | 214 W De la Guerra St | 2BR,1BA | $3.77 |
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $4.08 |
| Alena on Haley | Studio | Studio ,1BA | $7.46 |
| The Arroyo House Student Living. | Fiesta - Female | 3BR,1BA | $3.21 |
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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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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Pet Friendly LifestyleDowntown Santa Barbara, Santa Barbara, CA
Ranked #36
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Downtown Santa Barbara, Santa Barbara, CA
Santa Barbara Senior High
Santa Barbara Unified School District
Public School - Grades 9-12 (1924)
6 out of 10
Santa Barbara Junior High
Santa Barbara Unified School District
Public School - Grades 6-8 (512)
2 out of 10
School data provided by Great Schools
Frequently Asked Questions about Downtown Santa Barbara
What type of rentals are currently available in Downtown Santa Barbara?
There are currently 353 Apartments for Rent in Downtown Santa Barbara, CA with pricing that ranges from $2,450 to $7,550. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Santa Barbara ranging from $2,400 to $31,000.
What is the current price range for Rental Homes in Downtown Santa Barbara?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Santa Barbara ranges from $2,400 to $31,000 with an average monthly rent of $5,920.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
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.
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.