
Cheap Apartments for Rent in the Milpas Neighborhood of Santa Barbara, CA from $1,650 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Milpas area of Santa Barbara.


Villa Flores Apartments

1611 Castillo St

130 W Valerio St

Total Monthly Price
232 E Los Olivos St, Unit A

121 W Arrellaga St, Unit 005

1218 Blanchard St
Rent According to Income: A Look at Income-Restricted Rentals
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Brentwood

405 Corona del Mar

Park East Apartments

Arlington Village

152- 1825 Chapala LLC

Alta Vista Garden Apartments

203 Ladera St
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Cliff House

Palm Gardens Apartments

Olive Street Lofts

Coronel Apartments

Ivy at Carrillo

La Brezza

Soltara
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Plaza Riviera

Citywalk

Alena on Haley

1105 N Milpas St

201 Ladera St

418 E Sola St

438 Por La Mar Cir
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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.
Milpas, Santa Barbara, CA Local Guide

How much does it cost to rent an apartment in Milpas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milpas Studio Apartments | $2,200 | $2,200 | $2,200 |
| Milpas 1 Bedroom Apartments | $4,163 | $2,525 | $6,000 |
| Milpas 2 Bedroom Apartments | $4,552 | $3,400 | $5,800 |
| Milpas 3 Bedroom Apartments | $6,200 | $4,950 | $7,550 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Milpas Neighborhood of Santa Barbara, CA.
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Milpas, Santa Barbara, CA Local Guide
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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 $2,525. Sea Cliff Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,900. Here are the most affordable Milpas apartments for rent in Santa Barbara, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $2,525 |
| Sea Cliff Apartments | 1x1 727 sqft | 1BR,1BA | $3,900 |
| El Jardin | Two Bedroom, Two Bathroom 2B/2C (mkt) | 2BR,2BA | $4,300 |
| 1524 Garden St | 3BR Suite | 3BR,2BA | $4,600 |
| 825 De la Vina St | One Bedroom | 1BR,1BA | $5,450 |
Best Value Apartments for Rent in Milpas, CA
As of September 09, 2026 the best value apartment in the Milpas area is the $4.38 price per square foot 3BR Suite Model at 1524 Garden St in the in the Westside neighborhood starting from $4,600. The second greatest value Milpas apartment is the 232 E Los Olivos St Model at 232 E Los Olivos St, Unit A starting at $3,500 with a $3.68 price per square foot in the Westside neighborhood. Here is today’s list of the best values for Milpas apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1524 Garden St | 3BR Suite | 3BR,2BA | $4.38 |
| 232 E Los Olivos St, Unit A | 232 E Los Olivos St | 1BR,1BA | $3.68 |
| El Jardin | Two Bedroom, One Bathroom 2G | 2BR,1BA | $6.49 |
| 825 De la Vina St | One Bedroom | 1BR,1BA | $7.22 |
| Sea Cliff Apartments | 1x1 727 sqft | 1BR,1BA | $5.36 |
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $4.21 |
| The Arroyo House Student Living. | Mission Triple | 1BR,1BA | $4.62 |
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 ArticleNavigating 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.
Read ArticleReal 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.
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.
Best Local Schools in Milpas, Santa Barbara, CA
Franklin Elementary School
Santa Barbara Senior High
Santa Barbara Junior High
School data provided by Great Schools
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 $2,525 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 $4,300 at El Jardin.
What is the most affordable Milpas Three Bedroom Apartment?
The best deal on a cheap Milpas Three Bedroom Apartment rental is at 1524 Garden St and starts from $4,600.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.