Cheap Homes for Rent in Santa Monica, CA from $800 (39 Rentals)

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property at 2027 Federal Ave

2027 Federal Ave

Los AngelesCA90025

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.

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.

property at 1844 18th St

1844 18th St

Santa MonicaCA90404

More Than Just Hollywood: A Local Expert's Deep Dive into LA Living

Moving to Los Angeles? Get an insider's view on desirable neighborhoods like Koreatown, Los Feliz, and NELA, plus crucial insight on LA's vast sprawl and transit.

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.

Santa Monica, CA Local Guide

Cheapest Neighborhoods for Apartments in Santa Monica, CA

Pricing Updated: 12/08/2025

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$5,992$1,650178

Cheapest Available Santa Monica Apartments for Rent

 

The cheapest available apartment rental in Santa Monica, CA is a Studio unit found at 101 Dudley Ave in the Ocean Park neighborhood priced from $1,198. 30 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
101 Dudley AveMicro StudioStudio,$1,198
30 Dudley AveStudioStudio,$1,298
MVA0BR/1.0BAStudio,1BA$1,490
Darlington Court ApartmentsStudioStudio,1BA$1,495
Beloit Receivership# 02A1BR,1BA$1,500
33 Brooks AveNorthStudio,1BA$1,550
Beloit Avenue ApartmentsStudioStudio,1BA$1,550
Sepulveda CourtStudioStudio,1BA$1,595

Best Value Apartments for Rent in Santa Monica, CA

As of December 08, 2025 the best value apartment in the Santa Monica area is the $0.26 price per square foot Coliving Model at Haven Coliving - Penmar in the in the Venice Beach neighborhood starting from $995. The second greatest value Santa Monica apartment is the 3 B 2 Bath #1 Model at 1246 Brockton Ave starting at $3,199 with a $2.13 price per square foot in the Brentwood 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.
Haven Coliving - PenmarColiving4BR,4BA$0.26
1246 Brockton Ave3 B 2 Bath #13BR,2BA$2.13
Oxford Villa Apartments2 Bedroom 2.5 Bath Deluxe Townhouse2BR,2.5BA$2.23
1539 Beloit AveUnit 2034BR,3BA$1.23
4253 S Centinela Ave2BR2BR,1BA$1.96
1440 Barry Ave, Unit 11440 Barry Ave2BR,2BA$2.25
1247 Federal Ave3012BR,2BA$2.17
Porter Mar Vista - Co-Living3 Bedroom South3BR,3BA$2.11
Wiseman at Mayfield Swell2 Bed 2 Bath2BR,2BA$2.21
Comma Barrington4BR/2BA - Freeway4BR,2BA$1.51

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 6269 Apartments for Rent in Santa Monica, CA with pricing that ranges from $1,100 to $30,000. There are also 921 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Monica ranging from $850 to $75,000.

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 $850 to $75,000 with an average monthly rent of $19,620.

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 $1,300 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $32,500. Four Bedroom Single-Family rentals are also available starting from $4,795 and Four Bedroom Apartments start at $1,100.

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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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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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.

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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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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! 

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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.