Cheap Homes for Rent in Downtown Santa Monica Neighborhood of Santa Monica, CA from $1,600 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Santa Monica area of Santa Monica.

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.

property at 1857 7th St

1857 7th St

Santa MonicaCA90401

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Los Angeles's Best Affordable Neighborhoods

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Downtown Santa Monica, Santa Monica, CA Local Guide

Best Value Apartments for Rent in Downtown Santa Monica, CA

As of May 11, 2025 the best value apartment in the Downtown Santa Monica area is the $3.55 price per square foot 3BR/2.0BA Model at 123 California Ave in the in the Ocean Park neighborhood starting from $4,798. The second greatest value Downtown Santa Monica apartment is the 2BR/2.0BA Model at 204 Washington Ave starting at $4,398 with a $4.40 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 ListingModel NameBed/BathPrice Per Sq.Ft.
123 California Ave3BR/2.0BA3BR,2BA$3.55
204 Washington Ave2BR/2.0BA2BR,2BA$4.40
Casa Grande Apartments2X2 Renovated2BR,2BA$3.00
RivaLive Work Loft1BR,1BA$4.44
525 | SMB1 bed 1 bath1BR,1BA$4.02
Pacific Apartments2 bed / 1 bath2BR,1BA$3.88
Santa Monica Mariner Village1 Bed 1 Bath1BR,1BA$3.98
1830 9th St, Unit NorthSideofDuplex1830 9th St1BR,1BA$4.13
325 Bay St.1 Bed/1Ba1BR,1BA$4.23
1517 11th St1 Bed 1 Bath1BR,1BA$3.75

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Frequently Asked Questions about Downtown Santa Monica

What type of rentals are currently available in Downtown Santa Monica?

There are currently 292 Apartments for Rent in Downtown Santa Monica, CA with pricing that ranges from $2,100 to $12,760. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Santa Monica ranging from $1,600 to $38,000.

What is the current price range for Rental Homes in Downtown Santa Monica?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Santa Monica ranges from $1,600 to $38,000 with an average monthly rent of $19,134.

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.

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