Cheap Apartments for Rent in Santa Monica, CA from $500 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Monica.

Ocean Park Boulevard

1434 Santa Monica Blvd

1010 Pico Blvd in Santa Monica. Walk to t
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.

101 Dudley Ave

30 Dudley Ave

Matteson by Category

C1 by CLG ( + Coliving)

Cypress Co-Living
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Acacia

Sepulveda Court

11923-27 Venice Blvd

G8 by CLG
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Darlington Court Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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

How much does it cost to rent an apartment in Santa Monica?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Santa Monica Studio Apartments | $2,691 | $1,298 | $6,711 |
| Cheap Santa Monica 1 Bedroom Apartments | $3,366 | $1,457 | $10,000+ |
| Cheap Santa Monica 2 Bedroom Apartments | $4,390 | $2,130 | $10,000+ |
| Cheap Santa Monica 3 Bedroom Apartments | $5,481 | $1,150 | $10,000+ |
| Cheap Santa Monica 4 Bedroom Apartments | $3,457 | $1,280 | $10,000+ |
| Santa Monica 5 Bedroom Apartments | $1,895 | $1,423 | $2,174 |
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: 11/29/2025Current 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 | $40,000 | $1,600 | 89 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 101 Dudley Ave | Micro Studio | Studio, | $1,198 |
| 30 Dudley Ave | Studio | Studio, | $1,298 |
| Matteson by Category | Private Bedroom in Shared 5 Bed 3 Bath-A | 1BR,1BA | $1,457 |
| MVA | 0BR/1.0BA | Studio,1BA | $1,490 |
| Darlington Court Apartments | Studio | Studio,1BA | $1,495 |
| Beloit Receivership | # 02A | 1BR,1BA | $1,500 |
| 33 Brooks Ave | North | Studio,1BA | $1,550 |
| Beloit Avenue Apartments | Studio | Studio,1BA | $1,550 |
| 1521 Beloit Avenue, | 0x1 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Haven Coliving - Penmar | Coliving | 4BR,4BA | $0.26 |
| Matteson by Category | Private Bedroom in Shared 5 Bed 3 Bath-A | 1BR,1BA | $0.94 |
| 1246 Brockton Ave | 3 B 2 Bath #1 | 3BR,2BA | $2.13 |
| Oxford Villa Apartments | 2 Bedroom 2.5 Bath Deluxe Townhouse | 2BR,2.5BA | $2.23 |
| 1539 Beloit Ave | Unit 203 | 4BR,3BA | $1.23 |
| 1223 Federal Ave | 2BR/2.0BA | 2BR,2BA | $2.33 |
| Porter Mar Vista - Co-Living | 3 Bedroom South | 3BR,3BA | $2.11 |
| Venice Blvd Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $2.36 |
| Wiseman at Mayfield Swell | 2 Bed 2 Bath | 2BR,2BA | $2.21 |
| Comma Barrington | 4BR/2BA - Freeway | 4BR,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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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 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.
Best Local Schools in Santa Monica, CA
Roosevelt 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
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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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How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.




































