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$1,695Studio Apartments Available Now
1117 3rd St
1117 3rd StSanta Monica, CA 90403
Cheap Apartments for Rent in the Downtown Santa Monica Neighborhood of Santa Monica, CA from $596 (77 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Santa Monica area of Santa Monica.
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$1,800 - $2,500Studio to 1 Bedroom Apartments Available Now
1517 11th St
1517 11th StSanta Monica, CA 90401
1044 2nd St
Santa MonicaCA90403
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$2,000
Total Monthly Price
Base Rent$2,000
Total Monthly Price$2,000
1443 10th St, Unit B
1443 10th StSanta Monica, CA 90401
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$2,095 - $2,900Studio to 1 Bedroom Apartments Available Now
Criterion Promenade
302 Arizona AveSanta Monica, CA 90401
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$2,1001 Bedroom Apartments Contact Us For Availability
Silvercrest Senior Residence
1530 5th StSanta Monica, CA 90401
1916 3rd St, Unit 1916 3rd Street
1916 3rd St
Santa MonicaCA90405
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$2,2951 Bedroom Apartments Contact Us For Availability
303 California Ave
303 California AveSanta Monica, CA 90403
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$2,376 - $2,584Studio to 2 Bedroom Apartments Available Now
1422 - 1432 7th
1422 7th StSanta Monica, CA 90401
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$2,595
Total Monthly Price
Base Rent$2,595
Total Monthly Price$2,595
1926 3rd St, Unit 1926
1926 3rd StSanta Monica, CA 90405
Los Angeles's Best Affordable Neighborhoods
Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser
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$2,695 - $4,4951 Bedroom Apartments Available Oct 21
Residences on Third Street Promenade
1453 3rd Street PromenadeSanta Monica, CA 90401
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Rent Specials
$2,698 - $6,756
Total Monthly Price
Base Rent$2,698 - $6,756
Total Monthly PriceVaries
Gibson Santa Monica
1317 7Th StSanta Monica, CA 90401
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$2,743 - $6,052
Total Monthly Price
Base Rent$2,743 - $6,052
Total Monthly PriceVaries
Santa Monica Collection - 1430 Lincoln
1430 Lincoln BlvdSanta Monica, CA 90401
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$2,800 - $2,900Studio Apartments Available Now
Breeze Suites Moderne
609 BroadwaySanta Monica, CA 90401
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$2,8001 Bedroom Apartments Available Now
1438 10th St
1438 10th StSanta Monica, CA 90401
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$2,820
Total Monthly Price
Base Rent$2,820
Total Monthly Price$2,820
204 Washington Ave, Unit SI FL2-ID114
204 Washington AveSanta Monica, CA 90403
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$2,850Studio Apartments Contact Us For Availability
The Purser
1659 Ocean Front WalkSanta Monica, CA 90401
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Rent Specials
$2,890 - $12,162
Total Monthly Price
Base Rent$2,890 - $12,162
Total Monthly PriceVaries
Catherine Santa Monica
1625 Lincoln BlvdSanta Monica, CA 90404
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$2,899 - $4,208
Total Monthly Price
Base Rent$2,899 - $4,208
Total Monthly Price$2,899 - $4,208
Junction Santa Monica
1641 Lincoln BlvdSanta Monica, CA 90404
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$2,916 - $7,151
Total Monthly Price
Base Rent$2,916 - $7,151
Total Monthly PriceVaries
Santa Monica Collection - 501 Broadway
501 BroadwaySanta Monica, CA 90401
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$2,950 - $3,9951 Bedroom Apartments Available Now
Seventh West Apartments
1427 7th StSanta Monica, CA 90401
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$2,9952 Bedroom Apartments Contact Us For Availability
Casa Grande Apartments
1525-1527 10th StSanta Monica, CA 90401
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$3,000 - $3,395Studio to 1 Bedroom Apartments Available Now
Pacific Plaza
1431 Ocean AveSanta Monica, CA 90401
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Studio to 3 Bedroom Apartments
Belmar Apartments
1725 Ocean AveSanta Monica, CA 90401
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Studio to 3 Bedroom Apartments
1537 7th
1537 7th StSanta Monica, CA 90401
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Studio to 2 Bedroom Apartments
1015 2nd Street
1015 2nd StSanta Monica, CA 90403
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Studio Apartments
1218 6th St
1218 6th StSanta Monica, CA 90401
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Studio to 2 Bedroom Apartments
Lincoln SM
829-829 Broadway StSanta Monica, CA 90401
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Studio to 2 Bedroom Apartments
Ocean Park Apartments
2427 W 4th StSanta Monica, CA 90405
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Studio to 2 Bedroom Apartments
PR SM Biella LLC
1411 7th StSanta Monica, CA 90401
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.
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1 Bedroom Apartments
1528 12th St
1528 12th StSanta Monica, CA 90401
1916 3rd St
Santa MonicaCA90405
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Studio to 2 Bedroom Apartments
VRS Portofino LLC
1450 5th StSanta Monica, CA 90401
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Studio Apartments
1661 Appian Way
1661 Appian WaySanta Monica, CA 90401
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1 Bedroom Apartments
1843 7th St
1843 7th StSanta Monica, CA 90401
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1 to 2 Bedroom Apartments
1811 7th St
1811 7Th StSanta Monica, CA 90401
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1 Bedroom Apartments
1455 9th Street
1455 9th StSanta Monica, CA 90401
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Studio to 3 Bedroom Apartments
123 California Ave
123 California AveSanta Monica, CA 90403
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1 to 3 Bedroom Apartments
4TH2015
2015-2019 4th StSanta Monica, CA 90405
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Studio to 1 Bedroom Apartments
1231 5th St
1231 5th StSanta Monica, CA 90401
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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1 to 2 Bedroom Apartments
1523 11th St
1523 11th StSanta Monica, CA 90401
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1 Bedroom Apartments
325 Bay St.
325 Bay StSanta Monica, CA 90405
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1 to 3 Bedroom Apartments
1047 2nd St.
1047 2nd StSanta Monica, CA 90403
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Studio to 1 Bedroom Apartments
227 Strand St
227 Strand StSanta Monica, CA 90405
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Studio to 2 Bedroom Apartments
Genoa Apartments
1418 7th StSanta Monica, CA 90401
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1 Bedroom Apartments
1531 10th Street
1531-1537 10th StSanta Monica, CA 90401
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1 to 2 Bedroom Apartments
1857 7th St
1857 7th StSanta Monica, CA 90401
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Studio to 2 Bedroom Apartments
The Coastal Apartments
2103 3rd StSanta Monica, CA 90405
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1 to 2 Bedroom Apartments
PR SM Verona LLC
1528 6th StSanta Monica, CA 90401
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2 Bedroom Apartments
1533 9th St
1533 9th StSanta Monica, CA 90401
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.
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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 | $3,094 | $1,695 | $4,395 |
| Downtown Santa Monica 1 Bedroom Apartments | $3,636 | $2,100 | $6,945 |
| Downtown Santa Monica 2 Bedroom Apartments | $5,448 | $2,995 | $10,000+ |
| Downtown Santa Monica 3 Bedroom Apartments | $7,223 | $5,291 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 77 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
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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 Studio unit found at 1537 7th priced from $1,650. 1117 3rd St has the second lowest priced unit, which is a Studio apartment currently listed from $1,695. Here are the most affordable Downtown Santa Monica apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1537 7th | Studio | Studio,1BA | $1,650 |
| 1117 3rd St | Studio | Studio,1BA | $1,695 |
| 1517 11th St | Studio | Studio,1BA | $1,800 |
| Criterion Promenade | Studio A | Studio,1BA | $2,095 |
| 1422 - 1432 7th | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,376 |
| Gibson Santa Monica | S3 | Studio,1BA | $2,498 |
| 1531 10th Street | 1BR/1.0BA | 1BR,1BA | $2,550 |
| 1857 7th St | 1 Beds, 1 Baths | 1BR,1BA | $2,575 |
| 323 Bicknell | 1BR/1.0BA | 1BR,1BA | $2,595 |
Best Value Apartments for Rent in Downtown Santa Monica, CA
As of September 06, 2026 the best value apartment in the Downtown Santa Monica area is the $2.86 price per square foot 1 Beds, 1 Baths Model at 1857 7th St in the in the Ocean Park neighborhood starting from $2,575. The second greatest value Downtown Santa Monica apartment is the 2002 4th St Model at 2002 4th St, Unit 208 starting at $3,200 with a $3.70 price per square foot in the Ocean Park 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. |
|---|---|---|---|
| 1857 7th St | 1 Beds, 1 Baths | 1BR,1BA | $2.86 |
| 2002 4th St, Unit 208 | 2002 4th St | 1BR,1BA | $3.70 |
| PR SM Anacapa LLC | E-2x2 | 2BR,2BA | $4.32 |
| Seventh West Apartments | One Bedroom One Bathroom | 1BR,1BA | $3.96 |
| 1823 7th St | Model | 2BR,1BA | $4.14 |
| 1438 10th St | #3 (lower unit) | 1BR,1BA | $4.00 |
| 1531 10th Street | 1BR/1.0BA | 1BR,1BA | $3.64 |
| 323 Bicknell | 1BR/1.0BA | 1BR,1BA | $3.99 |
| 1422 - 1432 7th | 1 Bedroom, 1 Bathroom | 1BR,1BA | $3.91 |
| 225 Bay St | 1-Bedroom | 1BR,1BA | $4.33 |
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 Article
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.
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.
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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.
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Pet Friendly LifestyleDowntown Santa Monica, Santa Monica, CA
Ranked #4
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Santa Monica Apartments
What is a cheap apartment in Downtown Santa Monica?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Santa Monica is under $2,595.
What is the price of a cheap apartment in Downtown Santa Monica?
The cheapest apartment in Downtown Santa Monica is 1517 11th St which is listed at $2,250, while the average apartment in Downtown Santa Monica costs $3,800.
What types of apartments are the cheapest in Downtown 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 12 regular apartments in Downtown 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 Downtown Santa Monica?
Cheap apartments in Downtown Santa Monica have an average cost of $1,259 which is $2,541 cheaper than the average rent for all rentals in Downtown 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.
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