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from $2,1001 Bedroom Apartments Available Now
Silvercrest Senior Residence
1530 5th StSanta Monica, CA 90401
Cheap Apartments for Rent in the Downtown Santa Monica Neighborhood of Santa Monica, CA from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Santa Monica area of Santa Monica.
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Rent Specials
from $2,195Studio to 1 Bedroom Apartments Available Now
Criterion Promenade
302 Arizona AveSanta Monica, CA 90401
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.
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from $2,195Studio Apartments Available Now
300 California Ave
300 California AveSanta Monica, CA 90403
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-15, Page 1 of 1
Downtown Santa Monica, Santa Monica, CA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown Santa Monica?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Santa Monica Studio Apartments | $3,122 | $2,195 | $3,967 |
| Downtown Santa Monica 1 Bedroom Apartments | $4,047 | $2,100 | $6,071 |
| Downtown Santa Monica 2 Bedroom Apartments | $5,412 | $2,895 | $10,000+ |
| Downtown Santa Monica 3 Bedroom Apartments | $5,999 | $4,150 | $7,049 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Downtown Santa Monica Neighborhood of Santa Monica, CA.
See all Apartments in Santa MonicaExplore Santa Monica
Downtown Santa Monica, Santa Monica, CA Local Guide
- Nearby Santa Monica neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Downtown Santa Monica Apartments for Rent
The cheapest available apartment rental in the Downtown Santa Monica area of Los Angeles, CA is a 1 Bed unit found at Silvercrest Senior Residence priced from $2,100. Criterion Promenade has the second lowest priced unit, which is a Studio apartment currently listed from $2,195. Here are the most affordable Downtown Santa Monica apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silvercrest Senior Residence | 1 Bed | 1BR,1BA | $2,100 |
| Criterion Promenade | Studio A | Studio,1BA | $2,195 |
| 1517 11th St | 1 Bed 1 Bath | 1BR,1BA | $2,250 |
| Bay on 6th | Studio | Studio,1BA | $2,390 |
| Living at Santa Monica | Studio | Studio,1BA | $2,542 |
Best Value Apartments for Rent in Downtown Santa Monica, CA
As of June 01, 2025 the best value apartment in the Downtown Santa Monica area is the $3.41 price per square foot 3BR/2.0BA Model at 123 California Ave in the in the Wilshire neighborhood starting from $4,598. The second greatest value Downtown Santa Monica apartment is the 2BR/2.0BA Model at 204 Washington Ave starting at $4,298 with a $4.30 price per square foot in the Wilshire neighborhood. Here is today’s list of the best values for Downtown Santa Monica apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 123 California Ave | 3BR/2.0BA | 3BR,2BA | $3.41 |
| 204 Washington Ave | 2BR/2.0BA | 2BR,2BA | $4.30 |
| Casa Grande Apartments | 2X2 Renovated | 2BR,2BA | $3.00 |
| Riva | Live Work Loft | 1BR,1BA | $4.44 |
| 2216 Main St, Unit 202 | 2216 Main St | 2BR,1BA | $4.32 |
| 525 | SMB | 1 bed 1 bath | 1BR,1BA | $4.02 |
| Pacific Apartments | 2 bed / 1 bath | 2BR,1BA | $3.88 |
| Santa Monica Mariner Village | 1 Bed 1 Bath | 1BR,1BA | $3.98 |
| 325 Bay St. | 1 Bed/1Ba | 1BR,1BA | $4.18 |
| 1517 11th St | 1 Bed 1 Bath | 1BR,1BA | $3.75 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Santa Monica, Santa Monica, CA
Ranked #1
Among neighborhoods in Santa Monica, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Downtown Santa Monica Neighborhood in Santa Monica, CA
Walk Score®
94 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
77 / 100
Excellent Transit
Transit is convenient for most trips
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 Downtown Santa Monica Apartments
What is the Cheapest Studio apartment in Downtown Santa Monica?
Currently the most affordable Cheap Studio Apartment in Downtown Santa Monica is at Criterion Promenade listed at $2,195.
How much is rent for a Cheap One Bedroom Downtown Santa Monica Apartment?
The lowest price for a Cheap One Bedroom Downtown Santa Monica Apartment is $2,100 at Silvercrest Senior Residence.
What is the lowest price for a Cheap Two Bedroom Downtown Santa Monica Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Santa Monica is starting from $2,798 at 1015 2nd Street.
What is the most affordable Downtown Santa Monica Three Bedroom Apartment?
The best deal on a cheap Downtown Santa Monica Three Bedroom Apartment rental is at Junction Santa Monica and starts from $4,150.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.