Cheap Apartments for Rent in the Milpas Neighborhood of Santa Barbara, CA from $1,600 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Milpas area of Santa Barbara.

property at 521 W Montecito St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 2 Bath Condo for Rent

Available Now

521 W Montecito St, Unit 1

521 W Montecito St
Santa BarbaraCA93101
property at 226 W De la Guerra St

$2,995

Total Monthly Price

Total Monthly Price

Base Rent
$2,995

Total Monthly Price
$2,995

1 Bedroom, 1 Bath Townhome for Rent

Available Jun 20

226 W De la Guerra St

Santa BarbaraCA93101

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.

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Brentwood
Studio to 2 Bedroom Apartments

Brentwood

1429 De La Vina StSanta Barbara, CA 93101
  • Utilities Included
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405 Corona del Mar
1 Bedroom Apartments

405 Corona del Mar

405 Corona del MarSanta Barbara, CA 93103
  • Utilities Included
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Park East Apartments
Studio to 2 Bedroom Apartments

Park East Apartments

322-324 E Micheltorena StSanta Barbara, CA 93101
  • Utilities Included
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Arlington Village
Studio to 3 Bedroom Apartments

Arlington Village

1330 Chapala StSanta Barbara, CA 93101
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152- 1825 Chapala LLC
1 Bedroom Apartments

152- 1825 Chapala LLC

1825 Chapala StSanta Barbara, CA 93101
  • Utilities Included

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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203 Ladera St
Studio to 1 Bedroom Apartments

203 Ladera St

203 Ladera StSanta Barbara, CA 93101
Furnished
  • Utilities Included
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Cliff House
1 to 2 Bedroom Apartments

Cliff House

1040 Cliff DrSanta Barbara, CA 93109
  • Utilities Included
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Palm Gardens Apartments
1 to 3 Bedroom Apartments

Palm Gardens Apartments

1120-1130 San Andres StSanta Barbara, CA 93101
  • Utilities Included
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121 W Arrellaga St
2 Bedroom Apartments

121 W Arrellaga St

121 W Arrellaga StSanta Barbara, CA 93101
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Coronel Apartments
2 to 3 Bedroom Apartments

Coronel Apartments

555 Coronel PlSanta Barbara, CA 93101
  • Utilities Included

Cash 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.

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Ivy at Carrillo
1 to 2 Bedroom Apartments

Ivy at Carrillo

520-536 W Carrillo StSanta Barbara, CA 93101
Corporate Housing
  • Utilities Included
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Soltara
Studio to 2 Bedroom Apartments

Soltara

27 E Gutierrez StSanta Barbara, CA 93101
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Plaza Riviera
Studio to 2 Bedroom Apartments

Plaza Riviera

835 E Canon Perdido StSanta Barbara, CA 93103
  • Utilities Included
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1105 N Milpas St
1 Bedroom Apartments

1105 N Milpas St

1105 N Milpas StSanta Barbara, CA 93103
  • Utilities Included
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201 Ladera St
2 to 3 Bedroom Apartments

201 Ladera St

201 Ladera StSanta Barbara, CA 93101

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.

Milpas, Santa Barbara, CA Local Guide

Cheapest Available Milpas Apartments for Rent

 

The cheapest available apartment rental in the Milpas area of Santa Barbara, CA is a 1 Bed unit found at Villa Flores Apartments priced from $2,450. Alena on Haley has the second lowest priced unit, which is a Studio apartment currently listed from $3,200. Here are the most affordable Milpas apartments for rent in Santa Barbara, CA:

Apartment ListingModel NameBed/BathPriced From
Villa Flores Apartments1 Bedroom1BR,1BA$2,450
Alena on HaleyStudioStudio,1BA$3,200
1317 Punta Gorda StreetLuxury Townhome2BR,2BA$4,250
800 Santa BarbaraLarger One Bedroom1BR,1BA$5,000

Best Value Apartments for Rent in Milpas, CA

As of June 09, 2026 the best value apartment in the Milpas 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 Milpas apartment is the Luxury Townhome Model at 1317 Punta Gorda Street starting at $4,250 with a $4.59 price per square foot in the Eastside neighborhood. Here is today’s list of the best values for Milpas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
800 Santa BarbaraTwo Bedroom - Furnished or Unfurnished Option2BR,2BA$6.70
1317 Punta Gorda StreetLuxury Townhome2BR,2.5BA$4.59
214 W De la Guerra St, Unit 214 w. De La Guerra St214 W De la Guerra St2BR,1BA$3.77
Villa Flores Apartments1 Bedroom1BR,1BA$4.08
Alena on HaleyStudioStudio ,1BA$7.46
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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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across California including Milpas, Santa Barbara, and the greater Santa Barbara area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Milpas Apartments

How much is rent for a Cheap One Bedroom Milpas Apartment?

The lowest price for a Cheap One Bedroom Milpas Apartment is $2,450 at Villa Flores Apartments.

What is the lowest price for a Cheap Two Bedroom Milpas Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Milpas is starting from $4,250 at 1317 Punta Gorda Street.

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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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.

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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.

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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.

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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.