Cheap Apartments for Rent in Santa Monica, CA from $500 with Washer/Dryer (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Monica.

Matteson by Category

The Clover
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.

Solaire Venice

C1 by CLG ( + Coliving)

Acacia
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.
Santa Monica, CA Local Guide

How much does it cost to rent an apartment in Santa Monica?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Santa Monica Studio Apartments | $2,697 | $1,298 | $6,711 |
Santa Monica 1 Bedroom Apartments | $3,379 | $1,392 | $8,491 |
Santa Monica 2 Bedroom Apartments | $4,506 | $1,250 | $10,000+ |
Santa Monica 3 Bedroom Apartments | $5,283 | $1,280 | $10,000+ |
Santa Monica 4 Bedroom Apartments | $3,752 | $1,272 | $10,000+ |
Santa Monica 5 Bedroom Apartments | $1,995 | $1,662 | $2,204 |
Explore Santa Monica
Santa Monica, CA Local Guide
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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.
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 Sawtelle-1661 listed at $1,195.
How much is rent for a Cheap One Bedroom Santa Monica Apartment?
The lowest price for a Cheap One Bedroom Santa Monica Apartment is $1,722 at Wiseman at Mayfield Swell.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.