Cheap Homes for Rent in Downtown Santa Monica Neighborhood of Santa Monica, CA from $1,600 (9 Rentals)

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

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.

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property at 1538 11th St

1538 11th St

Santa MonicaCA90401

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Showing Results 1-9, Page 1 of 1

Downtown Santa Monica, Santa Monica, CA Local Guide

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 1117 3rd St priced from $1,825. Lugano Apartments PR III LLC has the second lowest priced unit, which is a Studio apartment currently listed from $2,148. Here are the most affordable Downtown Santa Monica apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
1117 3rd StStudioStudio,1BA$1,825
Lugano Apartments PR III LLCLugano StudioStudio,1BA$2,148
7th St.-18431BR/1BA1BR,1BA$2,195

Best Value Apartments for Rent in Downtown Santa Monica, CA

As of September 17, 2025 the best value apartment in the Downtown Santa Monica area is the $3.75 price per square foot 3+1.5 Model at Casa Grande Apartments in the in the Pico neighborhood starting from $4,500. The second greatest value Downtown Santa Monica apartment is the D Model at 1828 10th St starting at $4,595 with a $4.18 price per square foot in the Pico 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.
Casa Grande Apartments3+1.53BR,2.5BA$3.75
1828 10th StD3BR,2BA$4.18
2216 Main St, Unit 2032216 Main St1BR,1BA$3.51
Santa Monica Mariner Village1 Bed 1 Bath1BR,1BA$3.98
1015 2nd Street2BR/2.0BA2BR,2BA$4.14
Bay on 6thOne Bedroom A1BR,1BA$4.24
325 Bay St.1 Bed/1Ba1BR,1BA$3.72
1517 11th St1 Bed 1 Bath1BR,1BA$3.75
1523 11th St1 Bedroom and 1 Bath1BR,1BA$4.17
7th St.-18431BR/1BA1BR,1BA$3.99

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Pet Friendly Lifestyle
Downtown Santa Monica, Santa Monica, CA

Ranked #4

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 294 Apartments for Rent in Downtown Santa Monica, CA with pricing that ranges from $2,100 to $18,510. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Santa Monica ranging from $1,600 to $39,500.

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 $39,500 with an average monthly rent of $15,984.

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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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.

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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.