Cheap Apartments for Rent in the Old Mill Neighborhood of Santa Maria, CA from $1,200 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Mill area of Santa Maria.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Oak Knolls Haven
1 Bedroom Apartments

Oak Knolls Haven

4845 S Bradley RdSanta Maria, CA 93455
Senior Living
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Hummel Village
Studio to 2 Bedroom Apartments

Hummel Village

4454-4468 Hummel DrOrcutt, CA 93455
Senior Living
  • Utilities Included

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.

Old Mill, Santa Maria, CA Local Guide

Cheapest Available Old Mill Apartments for Rent

 

The cheapest available apartment rental in the Old Mill area of Santa Maria, CA is a Studio unit found at Santa Maria Studios - Seniors 55+ priced from $1,200. Knollwood Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,133. Here are the most affordable Old Mill apartments for rent in Santa Maria, CA:

Apartment ListingModel NameBed/BathPriced From
Santa Maria Studios - Seniors 55+StudioStudio,1BA$1,200
Knollwood Meadows ApartmentsFlora1BR,1BA$2,133
Elements Apartments1 Bedroom1BR,1BA$2,200

Best Value Apartments for Rent in Old Mill, CA

As of June 10, 2026 the best value apartment in the Old Mill area is the $3.28 price per square foot Plan B Model at Bradley Garden Apartments in the in the Old Mill neighborhood starting from $2,595. The second greatest value Old Mill apartment is the Flora Model at Knollwood Meadows Apartments starting at $2,133 with a $3.39 price per square foot in the Old Mill neighborhood. Here is today’s list of the best values for Old Mill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bradley Garden ApartmentsPlan B2BR,1BA$3.28
Knollwood Meadows ApartmentsFlora1BR,1BA$3.39
Elements Apartments1 Bedroom1BR,1BA$3.55
Santa Maria Studios - Seniors 55+StudioStudio ,1BA$2.82

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Frequently Asked Questions about Cheap Old Mill Apartments

What is the price of a cheap apartment in Old Mill?

The cheapest apartment in Old Mill is Knollwood Meadows Apartments which is listed at $2,133, while the average apartment in Old Mill costs $3,195.

What types of apartments are the cheapest in Old Mill?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Old Mill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.