
Cheap Apartments for Rent in Santa Monica, CA from $500 (173 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Monica.


Ocean Park Boulevard

1434 Santa Monica Blvd

1731 Pico Blvd

1517 11th St

Total Monthly Price
1254 14th St, Unit A

Total Monthly Price
1825 Euclid St

Total Monthly Price
1301 Centinela Ave, Unit 1301 Centinela Ave

1042-1048 17th St

1117 3rd St
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.

Belmar Apartments

1122 6th St

Monterey Plaza

1017 Ocean Park Blvd

2307 Ocean Ave

130 W Channel Rd

Avalon Apartments of Santa Monica

1837-1839 Euclid St

1015 2nd Street

123 California Ave
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.

1522 N Harvard St

1124 12th St

01120SI

Yale Apartments

1042 6th St

1748 18th St

1307 15th St

2535 Kansas Ave

The Sovereign

1218 6th St
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.

1001 19th St

2302 32nd St

838 7th St

1420-1426 1/2 Maple St

937 6th St

1025 19th St

Lincoln SM

928-934 12th St

3839 Sawtelle Blvd

Matteson by Category
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.

Total Monthly Price
101 Dudley Ave

Olive Co-Living

3917 Inglewood Blvd, Unit 1-F

30 Dudley Ave

1775 Beloit Ave

Total Monthly Price
4032 Inglewood Blvd

1519 Armacost Ave

3917 Inglewood Blvd, Unit 2-B

2485 Sawtelle Blvd, Unit 107

Acacia
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.
Santa Monica, CA Local Guide

How much does it cost to rent an apartment in Santa Monica?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Santa Monica Studio Apartments | $2,594 | $1,298 | $4,751 |
| Cheap Santa Monica 1 Bedroom Apartments | $3,315 | $1,200 | $10,000+ |
| Cheap Santa Monica 2 Bedroom Apartments | $4,369 | $2,298 | $10,000+ |
| Cheap Santa Monica 3 Bedroom Apartments | $6,038 | $1,205 | $10,000+ |
| Cheap Santa Monica 4 Bedroom Apartments | $2,096 | $1,250 | $10,000+ |
| Santa Monica 5 Bedroom Apartments | $1,822 | $1,375 | $4,500 |
Browse Top Apartments in Santa Monica
See all Apartments in Santa MonicaExplore Santa Monica
Santa Monica, CA Local Guide

- Santa Monica Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Santa Monica, CA
Pricing Updated: 06/26/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Wilshire Montana | $6,385 | $1,695 | 320 |
Cheapest Available Santa Monica Apartments for Rent
 The cheapest available apartment rental in Santa Monica, CA is a 4 Beds unit found at 1539 Beloit Ave in the Sawtelle neighborhood priced from $1,250. 101 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1539 Beloit Ave | Unit 304 | 4BR,3BA | $1,250 |
| 101 Dudley Ave | JUNIOR STUDIO | Studio, | $1,298 |
| 1515 Colby Ave | Unit 103 | 4BR,3BA | $1,392 |
| Olive Co-Living | Furnished Co-Living Studio Suite | Studio,1BA | $1,400 |
| 11311 Charnock Rd | Studio | Studio,1BA | $1,495 |
| 30 Dudley Ave | Studio | Studio,1BA | $1,498 |
| 1775 Beloit Ave | # 02A | 1BR,1BA | $1,500 |
| 1825 S. Beloit Ave | 0BR/1.0BA | Studio,1BA | $1,525 |
| 1275 Federal Ave | 0BR/1.0BA | Studio,1BA | $1,548 |
Best Value Apartments for Rent in Santa Monica, CA
As of June 27, 2026 the best value apartment in the Santa Monica area is the $1.03 price per square foot Unit PH15 Model at 1539 Beloit Ave in the in the Sawtelle neighborhood starting from $1,375. The second greatest value Santa Monica apartment is the 2 bed 2 bath Model at 11260 Westminster Ave starting at $2,395 with a $2.18 price per square foot in the Blanco neighborhood. Here is today’s list of the best values for Santa Monica apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1539 Beloit Ave | Unit PH15 | 4BR,3BA | $1.03 |
| 11260 Westminster Ave | 2 bed 2 bath | 2BR,2BA | $2.18 |
| 12323 Texas Ave | 2BR/1.5BA | 2BR,1.5BA | $2.18 |
| 1815 Greenfield Ave | 1Bd/1Ba | 1BR,1BA | $1.85 |
| Porter Mar Vista - Co-Living | 3 Bedroom South | 3BR,3BA | $1.91 |
| 2032 Delaware Ave, Unit C | 2032 Delaware Ave | 1BR,1BA | $2.33 |
| Comma Barrington Co-Living | Co-Living | Freeway | 4 BR, 2 BA | 4BR,2BA | $1.56 |
| 2680 S Barrington Ave, Unit 101 | 2680 S Barrington Ave | 1BR,1BA | $2.20 |
| 1223 Federal Ave | 1BR/1.0BA | 1BR,1BA | $2.35 |
| 12115 Herbert St, Unit 3 | 12115 Herbert St | 1BR,1BA | $2.44 |
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.
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
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.
Santa Monica, CAPopulation: 91,411
Ranked #361
in US Census Population by City
Best Local Schools in Santa Monica, CA
Franklin Elementary
Santa Monica High
Lincoln Middle
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Santa Monica, CA Rentals by Map
See the most popular apartments and homes in Santa Monica, CA
Frequently Asked Questions about Cheap Santa Monica Apartments
What is a cheap apartment in Santa Monica?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Santa Monica is under $1,548.
What is the price of a cheap apartment in Santa Monica?
The cheapest apartment in Santa Monica is 1775 Beloit Ave which is listed at $1,500, while the average apartment in Santa Monica costs $6,385.
What types of apartments are the cheapest in Santa Monica?
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 9 regular apartments in Santa Monica that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Santa Monica?
Cheap apartments in Santa Monica have an average cost of $1,041 which is $5,344 cheaper than the average rent for all rentals in Santa Monica.
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.
Helpful Local Expert Guides

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.

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Written by: Rachel Presser
When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

More Than Just Hollywood: A Local Experts Deep Dive into LA Living
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

The LA Price Check: Separating Cost of Living Myth from Reality
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.