
Cheap Homes for Rent in Santa Monica, CA from $700 (28 Rentals)
Search the lowest-cost Homes available for rent right now in Santa Monica.


1503 Yale St

1796 Delaware Ave

1996 Virginia Ave

11701 Texas Ave

717 Strand St, Unit 8

4061 McLaughlin Ave, Unit 3
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.

3853 Bentley Ave

13119 1/2 Venice Blvd-

608 Montana Ave

101 Dudley Ave

1424 Amherst Ave

11649 Mayfield Ave, Unit 3C

12017 Washington Pl, Unit Unit 5
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.

40 Brooks Ave

1444 15th St, Unit 8

1440 Veteran Ave

12732 Venice Blvd., Unit 4

2516 Pacific Ave, Unit 3, Unit 3

11645 Montana Ave, Unit 111, Unit 111

14 Wavecrest Ave
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.

1311 Venice Blvd.

26 Breeze Ave

3758 Inglewood Blvd, Unit 9

2016 20th St

2933 S Sepulveda Blvd

11842 Venice Blvd., Unit F

11408 Ohio Ave, Unit 5
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

How much does it cost to rent a home in Santa Monica?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Monica 2 Bedroom Homes for Rent | $5,617 | $2,575 | $10,000+ |
| Santa Monica 3 Bedroom Homes for Rent | $9,847 | $3,020 | $10,000+ |
| Santa Monica 4 Bedroom Homes for Rent | $18,949 | $4,500 | $10,000+ |
| Santa Monica 5 Bedroom Homes for Rent | $29,287 | $5,500 | $10,000+ |
| Santa Monica 6 Bedroom Homes for Rent | $48,311 | $10,000 | $10,000+ |
| Santa Monica 7 Bedroom Homes for Rent | $43,166 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Santa Monica
Explore Santa Monica
Santa Monica, CA Local Guide
- Santa Monica Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Santa Monica, CA
Pricing Updated: 05/24/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Wilshire Montana | $6,430 | $1,695 | 425 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2122 Ocean Park Blvd | 1 Bedroom | 1BR,1BA | $1,150 |
| 101 Dudley Ave | JUNIOR STUDIO | Studio, | $1,298 |
| Matteson by Category | Private Bedroom in Shared 5 Bed 3 Bath-E | 1BR,1BA | $1,361 |
| 1515 Colby Ave | Unit 103 | 4BR,3BA | $1,392 |
| Porter Mar Vista - Co-Living | 4 Bedroom Southwest | 4BR,3BA | $1,487 |
| 30 Dudley Ave | Studio | Studio,1BA | $1,498 |
| 1775 Beloit Ave | # 02A | 1BR,1BA | $1,500 |
| 33 Brooks Ave | North | Studio,1BA | $1,500 |
| 4061 McLaughlin Avenue | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1909 Ocean Front Walk | 1909 Ocean Front Walk | 4BR,4BA | $0.76 |
| 11263 Mississippi Ave | 2+2.5 | 2BR,2.5BA | $2.00 |
| Matteson by Category | Private Bedroom in Shared 5 Bed 3 Bath-D | 1BR,1BA | $0.91 |
| 1539 Beloit Ave | Unit 311 | 4BR,3BA | $1.32 |
| 4253 S Centinela Ave | 2BR | 2BR,1BA | $1.96 |
| 11260 Westminster Ave | 2 bed 2 bath | 2BR,2BA | $2.18 |
| 1815 Greenfield Ave | 1Bd/1Ba | 1BR,1BA | $1.85 |
| Porter Mar Vista - Co-Living | 3 Bedroom South | 3BR,3BA | $1.82 |
| Comma Barrington Co-Living | Co-Living | Freeway | 4 BR, 2 BA | 4BR,2BA | $1.56 |
| 2122 Ocean Park Blvd | 1 Bedroom | 1BR,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.
Read ArticleA 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
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.
Santa Monica, CAPopulation: 91,411
Ranked #361
in US Census Population by City
Best Local Schools in Santa Monica, CA
Franklin Elementary
Santa Monica High
Lincoln Middle
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Santa Monica, CA Rentals by Map
See the most popular apartments and homes in Santa Monica, CA
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

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.

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Written by: Rachel Presser
When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

More Than Just Hollywood: A Local Experts Deep Dive into LA Living
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

The LA Price Check: Separating Cost of Living Myth from Reality
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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.

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.

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.

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.