Cheap Homes for Rent in Downtown Santa Monica Neighborhood of Santa Monica, CA from $1,600 (13 Rentals)

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

property at 1538 11th St

1538 11th St

Santa MonicaCA90401
property at 1533 9th St

1533 9th St

Santa MonicaCA90401
property at 1537 9th St

1537 9th St

Santa MonicaCA90401

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 123 California Ave priced from $2,198. 1517 11th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,250. Here are the most affordable Downtown Santa Monica apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
123 California Ave0BR/1.0BAStudio,1BA$2,198
1517 11th St1 Bed 1 Bath1BR,1BA$2,250
The Purser0BR/1.0BAStudio,1BA$2,325
Lugano Apartments PR III LLCLugano StudioStudio,1BA$2,359
Gibson Santa MonicaS1Studio,1BA$2,397

Best Value Apartments for Rent in Downtown Santa Monica, CA

As of November 16, 2025 the best value apartment in the Downtown Santa Monica area is the $4.26 price per square foot 2102 Neilson Way Model at 2102 Neilson Way, Unit none in the in the Ocean Park neighborhood starting from $7,250. The second greatest value Downtown Santa Monica apartment is the 3+1.5 Model at Casa Grande Apartments starting at $4,500 with a $3.75 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.
2102 Neilson Way, Unit none2102 Neilson Way2BR,2.5BA$4.26
Casa Grande Apartments3+1.53BR,2.5BA$3.75
2002 4th St, Unit 2082002 4th St1BR,1BA$3.37
231 California Ave, Unit 1056231 California Ave2BR,1BA$4.31
Riva1 Bed/1 Bath Loft1BR,1BA$4.20
1823 7th StModel2BR,1BA$4.14
Bay on 6thOne Bedroom A1BR,1BA$4.36
1523 11th St1 Bedroom and 1 Bath Unit I1BR,1BA$4.08
1517 11th St1 Bed 1 Bath1BR,1BA$3.75
325 Bay St.1211BR,1BA$4.40

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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 292 Apartments for Rent in Downtown Santa Monica, CA with pricing that ranges from $1,850 to $30,000. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Santa Monica ranging from $1,600 to $48,500.

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 $48,500 with an average monthly rent of $9,624.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.