Cheap Homes for Rent in Santa Monica, CA from $700 (28 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 3853 Bentley Ave

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

Studio, 1 Bath Home for Rent

Available Jun 1

3853 Bentley Ave

Culver CityCA90232
property at 101 Dudley Ave

$1,598 - $2,498

Studio Rentals

Available Now

101 Dudley Ave

Los AngelesCA90291

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.

property at 40 Brooks Ave

$1,725 - $1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,725 - $1,750

Total Monthly Price
$1,725 - $1,750

Studio, 1 Bath Condo for Rent

Available Now

40 Brooks Ave

VeniceCA90291
property at 1440 Veteran Ave

$1,800 - $5,100

1 To 3 Bedroom Rentals

Available Now

1440 Veteran Ave

Los AngelesCA90024
property at 2516 Pacific Ave

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

Studio, 1 Bath Condo for Rent

Available Now

2516 Pacific Ave, Unit 3, Unit 3

2516 Pacific Ave
VeniceCA90291

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 1311 Venice Blvd.

$1,950 - $2,095

Studio To 1 Bedroom Rentals

Available Now

1311 Venice Blvd.

Los AngelesCA90291

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Santa Monica, CA Local Guide

Cheapest Neighborhoods for Apartments in Santa Monica, CA

Pricing Updated: 05/24/2026

Current apartment rentals in the Santa Monica, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Santa Monica Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wilshire Montana$6,430$1,695425

Cheapest Available Santa Monica Apartments for Rent

 

The cheapest available apartment rental in Santa Monica, CA is a 1 Bed unit found at 2122 Ocean Park Blvd in the Pico neighborhood priced from $1,150. 101 Dudley Ave in the Ocean Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,298. Here is today’s list of the most affordable Santa Monica apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2122 Ocean Park Blvd1 Bedroom1BR,1BA$1,150
101 Dudley AveJUNIOR STUDIOStudio,$1,298
Matteson by CategoryPrivate Bedroom in Shared 5 Bed 3 Bath-E1BR,1BA$1,361
1515 Colby AveUnit 1034BR,3BA$1,392
Porter Mar Vista - Co-Living4 Bedroom Southwest4BR,3BA$1,487
30 Dudley AveStudioStudio,1BA$1,498
1775 Beloit Ave# 02A1BR,1BA$1,500
33 Brooks AveNorthStudio,1BA$1,500
4061 McLaughlin AvenueStudioStudio,1BA$1,525

Best Value Apartments for Rent in Santa Monica, CA

As of May 24, 2026 the best value apartment in the Santa Monica area is the $0.76 price per square foot 1909 Ocean Front Walk Model at 1909 Ocean Front Walk in the in the Venice Beach neighborhood starting from $2,500. The second greatest value Santa Monica apartment is the 2+2.5 Model at 11263 Mississippi Ave starting at $3,595 with a $2.00 price per square foot in the Sawtelle neighborhood. Here is today’s list of the best values for Santa Monica apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1909 Ocean Front Walk1909 Ocean Front Walk4BR,4BA$0.76
11263 Mississippi Ave2+2.52BR,2.5BA$2.00
Matteson by CategoryPrivate Bedroom in Shared 5 Bed 3 Bath-D1BR,1BA$0.91
1539 Beloit AveUnit 3114BR,3BA$1.32
4253 S Centinela Ave2BR2BR,1BA$1.96
11260 Westminster Ave2 bed 2 bath2BR,2BA$2.18
1815 Greenfield Ave1Bd/1Ba1BR,1BA$1.85
Porter Mar Vista - Co-Living3 Bedroom South3BR,3BA$1.82
Comma Barrington Co-LivingCo-Living | Freeway | 4 BR, 2 BA4BR,2BA$1.56
2122 Ocean Park Blvd1 Bedroom1BR,1BA$1.74

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles

Learn About the Best Neighborhoods to Rent Near College Campuses in Los Angeles, CA | Find Los Angeles Off-Campus Student Housing at ApartmentHomeLiving.com

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Real 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.

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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.

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Santa Monica, CA
Population: 91,411

Ranked #361

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Santa Monica

What type of rentals are currently available in Santa Monica?

There are currently 6222 Apartments for Rent in Santa Monica, CA with pricing that ranges from $1,150 to $32,000. There are also 744 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Monica ranging from $770 to $98,500.

What is the current price range for Rental Homes in Santa Monica?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Santa Monica ranges from $770 to $98,500 with an average monthly rent of $26,452.

How much are larger Three and Four Bedroom Rentals in Santa Monica?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Santa Monica range from $1,224 to $32,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,020 to $38,500. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $1,250.

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.

Helpful Local Expert Guides

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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.

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A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles

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When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

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Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.