
Cheap Homes for Rent in Santa Barbara Downtown Neighborhood of Santa Barbara, CA from $1,700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Santa Barbara Downtown area of Santa Barbara.


1066 Miramonte 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.

325 Ladera St

986 Miramonte Dr
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.
Santa Barbara Downtown, Santa Barbara, CA Local Guide

How much does it cost to rent a home in Santa Barbara Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Barbara Downtown 2 Bedroom Homes for Rent | $5,362 | $4,500 | $6,400 |
| Santa Barbara Downtown 3 Bedroom Homes for Rent | $12,370 | $7,250 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Santa Barbara Downtown Neighborhood of Santa Barbara, CA.
Explore Santa Barbara
Cheapest Available Santa Barbara Downtown Apartments for Rent
 The cheapest available apartment rental in the Santa Barbara Downtown area of Santa Barbara, CA is a 1 Bed unit found at 152- 1825 Chapala LLC priced from $2,100. 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 Santa Barbara Downtown apartments for rent in Santa Barbara, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 152- 1825 Chapala LLC | 1bed/1bath | 1BR,1BA | $2,100 |
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $2,120 |
| 825 De la Vina St | Studios | Studio,1BA | $3,450 |
Best Value Apartments for Rent in Santa Barbara Downtown, CA
As of January 01, 2026 the best value apartment in the Santa Barbara Downtown area is the $4.40 price per square foot 116 E Yanonali St Model at 116 E Yanonali St, Unit c2 in the in the Waterfront neighborhood starting from $5,500. The second greatest value Santa Barbara Downtown apartment is the One Bedroom Model at 825 De la Vina St starting at $5,500 with a $7.02 price per square foot in the Westside neighborhood. Here is today’s list of the best values for Santa Barbara Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 116 E Yanonali St, Unit c2 | 116 E Yanonali St | 1BR,1.5BA | $4.40 |
| 825 De la Vina St | One Bedroom | 1BR,1BA | $7.02 |
| 800 Santa Barbara | One Bedroom | 1BR,1BA | $6.84 |
| Villa Flores Apartments | 1 Bedroom | 1BR,1BA | $3.53 |
Frequently Asked Questions about Santa Barbara Downtown
What type of rentals are currently available in Santa Barbara Downtown?
There are currently 351 Apartments for Rent in Santa Barbara Downtown, CA with pricing that ranges from $2,250 to $7,500. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Barbara Downtown ranging from $1,750 to $31,000.
What is the current price range for Rental Homes in Santa Barbara Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Santa Barbara Downtown ranges from $1,750 to $31,000 with an average monthly rent of $5,343.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!

