Cheap Homes for Rent in Santa Cruz, CA from $1,400 (7 Rentals)

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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.

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 Cruz, CA Local Guide

Cheapest Neighborhoods for Apartments in Santa Cruz, CA

Pricing Updated: 12/24/2025

Current apartment rentals in the Santa Cruz, CA area range in price from $1,875 to $10,000 with an overall median price of $5,439. The three Santa Cruz neighborhoods with the lowest median rent pricing are Prospect Heights at $1,895, Beach Hill at $1,875, and Ocean Street at $1,875. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Santa Cruz Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Prospect Heights$1,895$1,8951
Beach Hill$3,441$1,87511
Ocean Street$4,102$1,87570
Carbonera$4,270$1,89533
Bananna Belt$4,290$2,16929
East Park$4,295$1,87516
Seabright$4,295$1,87556
Lighthouse$4,395$1,87547
Arana Gulch$4,498$1,89511
Eastside$4,498$1,87540

Cheapest Available Santa Cruz Apartments for Rent

 

The cheapest available apartment rental in Santa Cruz, CA is a 1 Bed unit found at Copa Cabanas in the Escolona neighborhood priced from $1,602. Seaside Studios in the Ocean Street neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,035. Here is today’s list of the most affordable Santa Cruz apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Copa CabanasA11BR,1BA$1,602
Seaside StudiosStudioStudio,1BA$2,035
201 River Street ApartmentsStudioStudio,1BA$2,169

Best Value Apartments for Rent in Santa Cruz, CA

As of December 24, 2025 the best value apartment in the Santa Cruz area is the $2.33 price per square foot 305 Mission St Model at 305 Mission St, Unit 305 in the in the Escolona neighborhood starting from $3,500. The second greatest value Santa Cruz apartment is the 2BR-2BA Town House Model at Clay Residences starting at $4,578 with a $3.58 price per square foot in the Ocean Street neighborhood. Here is today’s list of the best values for Santa Cruz apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
305 Mission St, Unit 305305 Mission St2BR,1BA$2.33
Clay Residences2BR-2BA Town House2BR,2BA$3.58
41 Grandview Street, Unit #70441 Grandview Street2BR,2.5BA$4.05
Landing at CapitolaPlan 12BR,2BA$3.62
514 Washington St, Unit Unit A514 Washington St3BR,1BA$3.67
538 Ocean View Ave538 Ocean View Ave2BR,1BA$3.54
1804 Mission StLarger Loft1BR,1.5BA$3.72
Emerald Bay ApartmentsTwo Bedroom2BR,1BA$3.98
114 Park Ave, Unit 114 Park114 Park Ave2BR,1BA$4.00
Copa CabanasA11BR,1BA$2.86

Don'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.

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The 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Santa Cruz

What type of rentals are currently available in Santa Cruz?

There are currently 393 Apartments for Rent in Santa Cruz, CA with pricing that ranges from $1,875 to $8,000. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Cruz ranging from $1,400 to $8,500.

What is the current price range for Rental Homes in Santa Cruz?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Santa Cruz ranges from $1,400 to $8,500 with an average monthly rent of $4,450.

How much are larger Three and Four Bedroom Rentals in Santa Cruz?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Santa Cruz range from $2,995 to $8,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $7,900.

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

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.