
Cheap Homes for Rent in Downtown Santa Monica Neighborhood of Santa Monica, CA from $1,600 (4 Rentals)
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
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1857 7th St
Navigating the Rental Market: Tips for First-Time Renters
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1924 3rd St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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1433 9th St
Los Angeles's Best Affordable Neighborhoods
Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser
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 | $4,950 | $3,807 | $6,600 |
Downtown Santa Monica 3 Bedroom Homes for Rent | $11,875 | $5,500 | $10,000+ |
Downtown Santa Monica 4 Bedroom Homes for Rent | $37,500 | $10,000 | $10,000+ |
Downtown Santa Monica 6 Bedroom Homes for Rent | $38,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Santa Monica Neighborhood of Santa Monica, CA.
Explore Santa Monica
Downtown Santa Monica, Santa Monica, CA Local Guide
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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
123 California Ave | 3BR/2.0BA | 3BR,2BA | $3.55 |
204 Washington Ave | 2BR/2.0BA | 2BR,2BA | $4.40 |
Casa Grande Apartments | 2X2 Renovated | 2BR,2BA | $3.00 |
Riva | Live Work Loft | 1BR,1BA | $4.44 |
525 | SMB | 1 bed 1 bath | 1BR,1BA | $4.02 |
Pacific Apartments | 2 bed / 1 bath | 2BR,1BA | $3.88 |
Santa Monica Mariner Village | 1 Bed 1 Bath | 1BR,1BA | $3.98 |
1830 9th St, Unit NorthSideofDuplex | 1830 9th St | 1BR,1BA | $4.13 |
325 Bay St. | 1 Bed/1Ba | 1BR,1BA | $4.23 |
1517 11th St | 1 Bed 1 Bath | 1BR,1BA | $3.75 |
Quick Rent Budget Calculator
How much rent can you afford?
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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.

The 10 Best Affordable Neighborhoods in Los Angeles, CA
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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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.