Cheap Homes for Rent in Santa Barbara, CA from $1,900 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in Santa Barbara.

property at 303 Sherwood Drive

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

303 Sherwood Drive

Santa BarbaraCA93110
property at 303 Sherwood Drive (double occupancy)

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

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.

property at 800 Toro Canyon Rd

$2,950

Total Monthly Price

Total Monthly Price

Base Rent
$2,950

Total Monthly Price
$2,950

1 Bedroom, 1 Bath Home for Rent

Available Now

800 Toro Canyon Rd

Santa BarbaraCA93108

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.

Santa Barbara, CA Local Guide

Cheapest Neighborhoods for Apartments in Santa Barbara, CA

Pricing Updated: 05/21/2026

Current apartment rentals in the Santa Barbara, CA area range in price from $1,100 to $19,000 with an overall median price of $5,571. The three Santa Barbara neighborhoods with the lowest median rent pricing are Oak Park at $2,750, Campanil at $2,600, and Coast Village at $4,250. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Santa Barbara Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Oak Park$3,675$2,7501
Campanil$4,250$2,6009
Coast Village$4,250$4,2501
Hidden Valley$4,250$2,59510
Hitchcock$4,250$2,59510
North State$4,250$2,5959
San Roque Parks$4,250$2,5959
Lower Riviera$4,487$2,4503
Elings Park$4,500$2,59512
Eastside$4,600$4,2501

Cheapest Available Santa Barbara Apartments for Rent

 

The cheapest available apartment rental in Santa Barbara, CA is a 3 Beds unit found at Breakpointe Coronado in the Downtown Goleta neighborhood priced from $1,250. The Loop in the Cabrillo Business Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,659. Here is today’s list of the most affordable Santa Barbara apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Breakpointe CoronadoBreakpointe 3x23BR,2BA$1,250
The Loop2BR/2BA - Quad Deluxe2BR,2BA$1,659
Villa Flores Apartments1 Bedroom1BR,1BA$2,450
Rancho Franciscan Senior ApartmentsThe Poppy Plan1BR,1BA$2,663
Hope RanchPlan 1B1BR,1BA$2,717

Best Value Apartments for Rent in Santa Barbara, CA

As of May 21, 2026 the best value apartment in the Santa Barbara area is the $0.56 price per square foot 5BR/5.5BA - Sunrise 10 Model at The Cove in the in the Cabrillo Business Park neighborhood starting from $1,495. The second greatest value Santa Barbara apartment is the Two Bedroom Two Bath Model at Arrive Los Carneros II starting at $4,770 with a $3.93 price per square foot in the Downtown Goleta neighborhood. Here is today’s list of the best values for Santa Barbara apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Cove5BR/5.5BA - Sunrise 105BR,5.5BA$0.56
Arrive Los Carneros IITwo Bedroom Two Bath2BR,2BA$3.93
250 Ellwood Beach Dr250 Ellwood Beach Dr2BR,1.5BA$2.73
The Loop2BR/2BA - Quad2BR,2BA$1.92
Encina MeadowsMonarch2BR,1BA$4.03
Tropicana Student HousingTropicana Gardens3BR,2BA$2.01
Tahitian ApartmentsTahitian 1x11BR,1BA$1.77
The Wave1 bed + 1 bath Upstaris1BR,1BA$2.05
Breakpointe CoronadoCoronado 1x1A1BR,1BA$3.34
The Arroyo House Student Living.Fiesta - Female3BR,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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Santa Barbara, CA
Population: 91,350

Ranked #362

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Santa Barbara

What type of rentals are currently available in Santa Barbara?

There are currently 845 Apartments for Rent in Santa Barbara, CA with pricing that ranges from $1,100 to $19,000. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Barbara ranging from $1,990 to $89,000.

What is the current price range for Rental Homes in Santa Barbara?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Santa Barbara ranges from $1,990 to $89,000 with an average monthly rent of $24,789.

How much are larger Three and Four Bedroom Rentals in Santa Barbara?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Santa Barbara range from $1,250 to $14,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,750 to $31,000. Four Bedroom Single-Family rentals are also available starting from $6,250 and Four Bedroom Apartments start at $1,100.

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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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.

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

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.

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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.