Cheap Apartments for Rent in the Waterfront Neighborhood of Santa Barbara, CA from $1,500 (23 Rentals)

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

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203 Ladera St
1 Bedroom Apartments

203 Ladera St

203 Ladera StSanta Barbara, CA 93101
Furnished
  • Utilities Included
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Monteria Village
3 Bedroom Apartments

Monteria Village

522 W Montecito StSanta Barbara, CA 93101
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718-724 De La Vina St
Studio to 1 Bedroom Apartments

718-724 De La Vina St

718-724 De La Vina StSanta Barbara, CA 93101
  • Utilities Included

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.

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103 Chapala St
1 to 2 Bedroom Apartments

103 Chapala St

103 Chapala StSanta Barbara, CA 93101
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310 Ladera St
2 Bedroom Apartments

310 Ladera St

310 Ladera StSanta Barbara, CA 93101
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125-129 W Yanonali St
Studio to 1 Bedroom Apartments

125-129 W Yanonali St

125-129 W Yanonali StSanta Barbara, CA 93101
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302 W Montecito St
2 Bedroom Apartments

302 W Montecito St

302 W Montecito StSanta Barbara, CA 93101
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627 De La Vina St
1 Bedroom Apartments

627 De La Vina St

627 De La Vina StSanta Barbara, CA 93101
  • Utilities Included
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Chapala One
2 Bedroom Apartments

Chapala One

401-415 Chapala StSanta Barbara, CA 93101
Corporate Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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450 Por La Mar Dr
Studio to 2 Bedroom Apartments

450 Por La Mar Dr

450 Por La Mar DrSanta Barbara, CA 93103
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20 W Mason St
1 Bedroom Apartments

20 W Mason St

20 W Mason StSanta Barbara, CA 93101
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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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232 W Yanonali St
1 to 2 Bedroom Apartments

232 W Yanonali St

232 W Yanonali StSanta Barbara, CA 93101
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104 Los Aguajes Ave
Studio to 2 Bedroom Apartments

104 Los Aguajes Ave

104 Los Aguajes AveSanta Barbara, CA 93101
  • Utilities Included
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Casalino Court
1 to 2 Bedroom Apartments

Casalino Court

617-623 De La Vina StSanta Barbara, CA 93101
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Vera Cruz Village
Studio Apartments

Vera Cruz Village

116 E Cota StSanta Barbara, CA 93101
Senior Living

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Sycamore Creek Village
1 to 2 Bedroom Apartments

Sycamore Creek Village

1130 Punta Gorda StSanta Barbara, CA 93103
  • Smoke Free
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221 E Haley St
1 Bedroom Apartments

221 E Haley St

221 E Haley StSanta Barbara, CA 93101
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509 Fig Ave
Studio to 3 Bedroom Apartments

509 Fig Ave

509 Fig AveSanta Barbara, CA 93101

Waterfront, Santa Barbara, CA Local Guide

Cheapest Available Waterfront Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Sea Cliff Apartments1x1 - Bldg 80 - 792 SF1BR,1BA$3,900

Best Value Apartments for Rent in Waterfront, CA

As of June 21, 2025 the best value apartment in the Waterfront area is the $3.41 price per square foot 302 S Voluntario St Model at 302 S Voluntario St, Unit C in the in the Eastside neighborhood starting from $3,750. The second greatest value Waterfront apartment is the 1x1 - Furnished - 725 SF Model at Sea Cliff Apartments starting at $4,200 with a $5.79 price per square foot in the Waterfront neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
302 S Voluntario St, Unit C302 S Voluntario St1BR,1.5BA$3.41
Sea Cliff Apartments1x1 - Furnished - 725 SF1BR,1BA$5.79

Quick 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.

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Pet Friendly Lifestyle
Waterfront, Santa Barbara, CA

Ranked #26

Among neighborhoods in Santa Barbara, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Waterfront Neighborhood in Santa Barbara, CA

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Waterfront Apartments

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

The lowest price for a Cheap One Bedroom Waterfront Apartment is $3,900 at Sea Cliff Apartments.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.