
Cheap Homes for Rent in the Downtown Santa Monica Neighborhood of Santa Monica, CA from $2,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Santa Monica area of Santa Monica.


1857 7th St, Unit G
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1543 11th St

1433 9th St, Unit F
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2311 4th St, Unit 2311 4th st. 221
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 | $6,831 | $5,500 | $8,000 |
| Downtown Santa Monica 3 Bedroom Homes for Rent | $21,000 | $5,000 | $10,000+ |
| Downtown Santa Monica 4 Bedroom Homes for Rent | $31,250 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 1517 11th St priced from $1,800. 1015 2nd Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,898. Here are the most affordable Downtown Santa Monica apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1517 11th St | Studio | Studio,1BA | $1,800 |
| 1015 2nd Street | 1BR/1.0BA | 1BR,1BA | $1,898 |
| Criterion Promenade | Studio A | Studio,1BA | $2,095 |
Best Value Apartments for Rent in Downtown Santa Monica, CA
As of July 24, 2026 the best value apartment in the Downtown Santa Monica area is the $4.20 price per square foot 2110 Main St Model at 2110 Main St, Unit 303 in the in the Ocean Park neighborhood starting from $8,050. The second greatest value Downtown Santa Monica apartment is the 2X2 Renovated Model at Casa Grande Apartments starting at $2,995 with a $3.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2110 Main St, Unit 303 | 2110 Main St | 2BR,1BA | $4.20 |
| Casa Grande Apartments | 2X2 Renovated | 2BR,2BA | $3.00 |
| 1857 7th St | 1 Beds, 1 Baths | 1BR,1BA | $2.86 |
| 512 Bay St, Unit 3 | 512 Bay St | 2BR,1BA | $4.06 |
| 511A Strand St, Unit 511 A | 511A Strand St | 2BR,1BA | $4.41 |
| 1823 7th St | Model | 2BR,1BA | $4.14 |
| 1455 9th Street | 22 | 1BR,1BA | $3.53 |
| 2219 4th St, Unit 2 | 2219 4th St | 1BR,1BA | $4.27 |
| 225 Bay St | 1-Bedroom | 1BR,1BA | $4.33 |
| 1843 7th St | 1BR/1BA | 1BR,1BA | $4.14 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
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 295 Apartments for Rent in Downtown Santa Monica, CA with pricing that ranges from $1,800 to $24,000. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Santa Monica ranging from $2,575 to $45,000.
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 $2,575 to $45,000 with an average monthly rent of $15,833.
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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