Cheap Homes for Rent in the Waterfront Neighborhood of Santa Barbara, CA from $2,200 (3 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Best Value Apartments for Rent in Waterfront, CA

As of August 31, 2026 the best value apartment in the Waterfront area is the $4.80 price per square foot 415 Rancheria St Model at 415 Rancheria St, Unit 4 in the in the Westside neighborhood starting from $6,000. The second greatest value Waterfront apartment is the Two Bedroom, One Bathroom 2G Model at El Jardin starting at $5,800 with a $7.24 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.
415 Rancheria St, Unit 4415 Rancheria St4BR,1.5BA$4.80
El JardinTwo Bedroom, One Bathroom 2G2BR,1BA$7.24
Sea Cliff Apartments1x1 727 sqft1BR,1BA$5.36

Frequently Asked Questions about Waterfront

What type of rentals are currently available in Waterfront?

There are currently 74 Apartments for Rent in Waterfront, CA with pricing that ranges from $2,375 to $7,550. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $3,650 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 $3,650 to $31,000 with an average monthly rent of $10,054.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.