
Cheap Homes for Rent in the Downtown Santa Monica Neighborhood of Santa Monica, CA from $2,150 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Santa Monica area of Santa Monica.


1916 3rd St

Total Monthly Price
204 Washington Ave, Unit SI FL2-ID114
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1543 11th St

2002 4th St

2311 4th St
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Downtown Santa Monica, Santa Monica, CA Local Guide

How much does it cost to rent a home in Downtown Santa Monica?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Santa Monica 2 Bedroom Homes for Rent | $11,912 | $7,150 | $10,000+ |
| Downtown Santa Monica 3 Bedroom Homes for Rent | $23,465 | $7,475 | $10,000+ |
| Downtown Santa Monica 4 Bedroom Homes for Rent | $40,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Santa Monica Neighborhood of Santa Monica, CA.
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Downtown Santa Monica, Santa Monica, CA Local Guide
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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 |
Best Value Apartments for Rent in Downtown Santa Monica, CA
As of September 08, 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 |
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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.
Pet Friendly LifestyleDowntown Santa Monica, Santa Monica, CA
Ranked #3
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Santa Monica
What type of rentals are currently available in Downtown Santa Monica?
There are currently 297 Apartments for Rent in Downtown Santa Monica, CA with pricing that ranges from $1,695 to $24,000. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Santa Monica ranging from $2,150 to $40,000.
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 $2,150 to $40,000 with an average monthly rent of $9,255.
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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