Cheap Apartments for Rent in Santa Monica, CA from $500 (72 Rentals)

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Belmar Apartments
Studio to 3 Bedroom Apartments

Belmar Apartments

1725 Ocean AveSanta Monica, CA 90401
  • Utilities Included
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Monterey Plaza
2 Bedroom Apartments

Monterey Plaza

11701 Texas AveSanta Monica, CA 90405
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1017 Ocean Park Blvd
1 to 2 Bedroom Apartments

1017 Ocean Park Blvd

1017 Ocean Park BlvdSanta Monica, CA 90405
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2307 Ocean Ave
Studio to 2 Bedroom Apartments

2307 Ocean Ave

2301-2307 Ocean AveSanta Monica, CA 90405
  • Utilities Included
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130 W Channel Rd
Studio to 1 Bedroom Apartments

130 W Channel Rd

130 W Channel RdSanta Monica, CA 90402
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1837-1839 Euclid St
Studio to 2 Bedroom Apartments

1837-1839 Euclid St

1837-1839 Euclid StSanta Monica, CA 90404

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.

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1403 Innes Pl
Studio to 1 Bedroom Apartments

1403 Innes Pl

1403 Innes PlVenice, CA 90291
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10876 Palms Blvd
Studio to 2 Bedroom Apartments

10876 Palms Blvd

10876 Palms BlvdLos Angeles, CA 90034
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Sawtelle-1661
Studio to 2 Bedroom Apartments

Sawtelle-1661

1661 Sawtelle BlvdLos Angeles, CA 90025
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Dorridge 03-LA
Studio to 1 Bedroom Apartments

Dorridge 03-LA

11931 Dorothy StLos Angeles, CA 90049

More Than Just Hollywood: A Local Expert's Deep Dive into LA Living

Moving to Los Angeles? Get an insider's view on desirable neighborhoods like Koreatown, Los Feliz, and NELA, plus crucial insight on LA's vast sprawl and transit.

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1733 Granville Ave
Studio to 1 Bedroom Apartments

1733 Granville Ave

1733 Granville AveLos Angeles, CA 90025
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Grand View-4112
Studio to 2 Bedroom Apartments

Grand View-4112

4112 Grand View BlvdLos Angeles, CA 90066
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1617 S Westgate Ave
1 to 2 Bedroom Apartments

1617 S Westgate Ave

1617 S Westgate AveLos Angeles, CA 90025
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Solaire Venice
1 to 6 Bedroom Apartments

Solaire Venice

12518 Venice BlvdLos Angeles, CA 90066
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MVA
Studio to 2 Bedroom Apartments

MVA

3418 S Centinela AveLos Angeles, CA 90066
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11511 Rochester Ave
Studio to 1 Bedroom Apartments

11511 Rochester Ave

11511 Rochester AveLos Angeles, CA 90025
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Darlington Court Apartments
Studio to 1 Bedroom Apartments

Darlington Court Apartments

11676-11678 Darlington AveLos Angeles, CA 90049
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Corinth Apartments
Studio to 1 Bedroom Apartments

Corinth Apartments

2440 Corinth AveLos Angeles, CA 90064
  • Utilities Included

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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1002 S Barrington Ave
Studio to 2 Bedroom Apartments

1002 S Barrington Ave

1002 S Barrington AveLos Angeles, CA 90049
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11330 Ohio Ave
Studio to 2 Bedroom Apartments

11330 Ohio Ave

11330 Ohio AveLos Angeles, CA 90025
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3714 Inglewood Blvd
Studio to 1 Bedroom Apartments

3714 Inglewood Blvd

3714 Inglewood BlvdLos Angeles, CA 90066
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1521 Beloit Avenue,
Studio to 1 Bedroom Apartments

1521 Beloit Avenue,

1521 Beloit AveLos Angeles, CA 90025
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2589 S Sepulveda Blvd
Studio to 1 Bedroom Apartments

2589 S Sepulveda Blvd

2589 S Sepulveda BlvdLos Angeles, CA 90064
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1626 Barry Ave
Studio to 2 Bedroom Apartments

1626 Barry Ave

1626 Barry AveLos Angeles, CA 90025
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1450 Brockton Ave
Studio to 3 Bedroom Apartments

1450 Brockton Ave

1450 Brockton AveLos Angeles, CA 90025
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2476 Corinth Ave
1 Bedroom Apartments

2476 Corinth Ave

2476 Corinth AveLos Angeles, CA 90064

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.

Santa Monica, CA Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Santa Monica, CA

Pricing Updated: 11/29/2025

Current apartment rentals in the Santa Monica, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Santa Monica Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wilshire Montana$40,000$1,60089

Cheapest Available Santa Monica Apartments for Rent

 

The cheapest available apartment rental in Santa Monica, CA is a Studio unit found at 101 Dudley Ave in the Ocean Park neighborhood priced from $1,198. 30 Dudley Ave in the Ocean Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,298. Here is today’s list of the most affordable Santa Monica apartments for rent:

Apartment ListingModel NameBed/BathPriced From
101 Dudley AveMicro StudioStudio,$1,198
30 Dudley AveStudioStudio,$1,298
Matteson by CategoryPrivate Bedroom in Shared 5 Bed 3 Bath-A1BR,1BA$1,457
MVA0BR/1.0BAStudio,1BA$1,490
Darlington Court ApartmentsStudioStudio,1BA$1,495
Beloit Receivership# 02A1BR,1BA$1,500
33 Brooks AveNorthStudio,1BA$1,550
Beloit Avenue ApartmentsStudioStudio,1BA$1,550
1521 Beloit Avenue,0x1Studio,1BA$1,595

Best Value Apartments for Rent in Santa Monica, CA

As of November 29, 2025 the best value apartment in the Santa Monica area is the $0.26 price per square foot Coliving Model at Haven Coliving - Penmar in the in the Venice Beach neighborhood starting from $995. The second greatest value Santa Monica apartment is the Private Bedroom in Shared 5 Bed 3 Bath-A Model at Matteson by Category starting at $1,457 with a $0.94 price per square foot in the Venice Beach neighborhood. Here is today’s list of the best values for Santa Monica apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Haven Coliving - PenmarColiving4BR,4BA$0.26
Matteson by CategoryPrivate Bedroom in Shared 5 Bed 3 Bath-A1BR,1BA$0.94
1246 Brockton Ave3 B 2 Bath #13BR,2BA$2.13
Oxford Villa Apartments2 Bedroom 2.5 Bath Deluxe Townhouse2BR,2.5BA$2.23
1539 Beloit AveUnit 2034BR,3BA$1.23
1223 Federal Ave2BR/2.0BA2BR,2BA$2.33
Porter Mar Vista - Co-Living3 Bedroom South3BR,3BA$2.11
Venice Blvd Apartments2 Bedroom, 1 Bath2BR,1BA$2.36
Wiseman at Mayfield Swell2 Bed 2 Bath2BR,2BA$2.21
Comma Barrington4BR/2BA - Freeway4BR,2BA$1.51

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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A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles

Learn About the Best Neighborhoods to Rent Near College Campuses in Los Angeles, CA | Find Los Angeles Off-Campus Student Housing at ApartmentHomeLiving.com

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Santa Monica Overview

If you want to live in a city that has it all, look no further than Santa Monica, California. This beachside town is nestled in a spot between an excellent coastline and the city of Los Angeles. Apartments in Santa Monica offer residents a fantastic lifestyle.

Why live in Santa Monica, CA?

Santa Monica is one of the cities that could be truly called paradise. Access to excellent beaches, a walkable local layout, proximity to all sorts of geological and geographical landmarks, and a laid-back, modern atmosphere make it a truly unforgettable place.

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

Explore Santa Monica, CA Rentals by Map

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Getting Around Santa Monica, CA

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

90 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

65 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Santa Monica Apartments

What is the Cheapest Studio apartment in Santa Monica?

Currently the most affordable Cheap Studio Apartment in Santa Monica is at 101 Dudley Ave listed at $1,198.

How much is rent for a Cheap One Bedroom Santa Monica Apartment?

The lowest price for a Cheap One Bedroom Santa Monica Apartment is $1,457 at Matteson by Category.

What is the lowest price for a Cheap Two Bedroom Santa Monica Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Santa Monica is starting from $2,104 at Wiseman at Mayfield Swell.

What is the most affordable Santa Monica Three Bedroom Apartment?

The best deal on a cheap Santa Monica Three Bedroom Apartment rental is at Wiseman at Mayfield Swell and starts from $3,132.

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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The 10 Best Affordable Neighborhoods in Los Angeles, CA

Written by: Rachel Presser

Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.

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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.