
Cheap Homes for Rent in Waterfront Neighborhood of Santa Barbara, CA from $4,000 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterfront area of Santa Barbara.

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.

128 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.
Waterfront, Santa Barbara, CA Local Guide

How much does it cost to rent a home in Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterfront 2 Bedroom Homes for Rent | $6,097 | $4,695 | $7,500 |
| Waterfront 3 Bedroom Homes for Rent | $31,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Waterfront Neighborhood of Santa Barbara, CA.
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Best Value Apartments for Rent in Waterfront, CA
As of April 09, 2026 the best value apartment in the Waterfront area is the $5.04 price per square foot 415 Rancheria St Model at 415 Rancheria St, Unit 2 in the in the Westside neighborhood starting from $6,300. The second greatest value Waterfront apartment is the Studio Model at Alena on Haley starting at $3,200 with a $7.46 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 415 Rancheria St, Unit 2 | 415 Rancheria St | 4BR,1.5BA | $5.04 |
| Alena on Haley | Studio | Studio ,1BA | $7.46 |
Frequently Asked Questions about Waterfront
What type of rentals are currently available in Waterfront?
There are currently 75 Apartments for Rent in Waterfront, CA with pricing that ranges from $2,770 to $6,800. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $4,000 to $31,000.
What is the current price range for Rental Homes in Waterfront?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterfront ranges from $4,000 to $31,000 with an average monthly rent of $13,782.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.