
Cheap Homes for Rent in Milpas Neighborhood of Santa Barbara, CA from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Milpas area of Santa Barbara.


1416 Castillo St

868 Highland Dr
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.

112 Por La Mar Cir

459 Por La Mar Cir

407 Por La Mar Cir
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

How much does it cost to rent a home in Milpas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milpas 2 Bedroom Homes for Rent | $5,650 | $3,500 | $7,500 |
| Milpas 3 Bedroom Homes for Rent | $13,587 | $4,600 | $10,000+ |
| Milpas 4 Bedroom Homes for Rent | $21,000 | $10,000 | $10,000+ |
| Milpas 5 Bedroom Homes for Rent | $48,500 | $10,000 | $10,000+ |
| Milpas 7 Bedroom Homes for Rent | $75,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 3 Beds unit found at The Arroyo House Student Living. priced from $1,285. Villa Flores Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,120. Here are the most affordable Milpas apartments for rent in Santa Barbara, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Arroyo House Student Living. | Old Mesa | 3BR,1BA | $1,285 |
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $2,120 |
| 152- 1825 Chapala LLC | 1bed/1bath | 1BR,1BA | $2,250 |
Best Value Apartments for Rent in Milpas, CA
As of November 13, 2025 the best value apartment in the Milpas area is the $2.77 price per square foot 521 E Arrellaga St Model at 521 E Arrellaga St, Unit 11 in the in the Westside neighborhood starting from $3,600. The second greatest value Milpas apartment is the 415 Rancheria St Model at 415 Rancheria St, Unit 4 starting at $6,300 with a $5.04 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. |
|---|---|---|---|
| 521 E Arrellaga St, Unit 11 | 521 E Arrellaga St | 2BR,2BA | $2.77 |
| 415 Rancheria St, Unit 4 | 415 Rancheria St | 4BR,1.5BA | $5.04 |
| 1105 N Milpas St | One Bedroom w/Fireplace | 1BR,1BA | $4.06 |
| 800 Santa Barbara | Unit 106 | 1BR,1BA | $6.88 |
| 825 De la Vina St | 301 | 1BR,1BA | $7.78 |
| Citywalk | 2x1 | 2BR,1BA | $5.56 |
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $3.53 |
| The Arroyo House Student Living. | Foothill | 1BR,1BA | $3.75 |
| 201 Ladera St | 3/2 | 3BR,2BA | $87.90 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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.
Pet Friendly LifestyleMilpas, Santa Barbara, CA
Ranked #36
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Milpas, Santa Barbara, CA
Santa Barbara Senior High
Santa Barbara Junior High
School data provided by Great Schools
Frequently Asked Questions about Milpas
What type of rentals are currently available in Milpas?
There are currently 379 Apartments for Rent in Milpas, CA with pricing that ranges from $1,285 to $6,300. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milpas ranging from $1,500 to $75,000.
What is the current price range for Rental Homes in Milpas?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milpas ranges from $1,500 to $75,000 with an average monthly rent of $24,137.
How much are larger Three and Four Bedroom Rentals in Milpas?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Milpas range from $1,285 to $4,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,600 to $31,000. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $6,300.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

