Cheap Apartments for Rent in the Ocean Park Neighborhood of Santa Monica, CA from $500 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ocean Park area of Santa Monica.

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Belmar Apartments
Studio to 3 Bedroom Apartments

Belmar Apartments

1725 Ocean AveSanta Monica, CA 90401
  • Utilities Included
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1017 Ocean Park Blvd
1 to 2 Bedroom Apartments

1017 Ocean Park Blvd

1017 Ocean Park BlvdSanta Monica, CA 90405
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2307 Ocean Ave
Studio to 2 Bedroom Apartments

2307 Ocean Ave

2301-2307 Ocean AveSanta Monica, CA 90405
  • Utilities Included

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30 Dudley Ave
Studio Apartments

30 Dudley Ave

30 Dudley AveVenice, CA 90291
  • Utilities Included

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117 Paloma Ave
Studio to 2 Bedroom Apartments

117 Paloma Ave

117 Paloma AveVenice, CA 90291

Cheapest Available Ocean Park Apartments for Rent

 

The cheapest available apartment rental in the Ocean Park area of Los Angeles, CA is a Studio unit found at 101 Dudley Ave priced from $1,198. Third Avenue Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,650. Here are the most affordable Ocean Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
101 Dudley AveMicro StudioStudio,$1,198
Third Avenue ApartmentsEfficiency B NO FULL KITCHENStudio,1BA$1,650
626 Rose AveUnit 6Studio,1BA$1,900

Best Value Apartments for Rent in Ocean Park, CA

As of November 15, 2025 the best value apartment in the Ocean Park area is the $3.25 price per square foot 340 Rennie Ave Model at 340 Rennie Ave, Unit Bungalow #2 in the in the Ocean Park neighborhood starting from $6,100. The second greatest value Ocean Park apartment is the Two Bedroom Model at Ocean Park Apartments starting at $3,795 with a $3.16 price per square foot in the Ocean Park neighborhood. Here is today’s list of the best values for Ocean Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
340 Rennie Ave, Unit Bungalow #2340 Rennie Ave3BR,2BA$3.25
Ocean Park ApartmentsTwo Bedroom2BR,2BA$3.16
Euclid Apartments2BRUPG2BR,1BA$3.13
2545 Beverley Ave, Unit SANTA MONICA2545 Beverley Ave2BR,1BA$3.88
Newly renovated upper unit in quiet neighborhood2BR/1.0BA2BR,1BA$4.09
2728 3rd St, Unit Third Street2728 3rd St1BR,1BA$3.87
2645 4th St, Unit 52645 4th St2BR,1BA$4.20
1823 7th StModel2BR,1BA$4.14
626 Rose AveUnit 4Studio ,1BA$3.67
738 Hill St, Unit #A738 Hill St1BR,1BA$4.00

Getting Around the Ocean Park Neighborhood in Santa Monica, CA

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

86 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

60 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Ocean Park Apartments

What is a cheap apartment in Ocean Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ocean Park is under $2,595.

What is the price of a cheap apartment in Ocean Park?

The cheapest apartment in Ocean Park is Vernon-339 which is listed at $2,350, while the average apartment in Ocean Park costs $5,599.

What types of apartments are the cheapest in Ocean Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Ocean Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ocean Park?

Cheap apartments in Ocean Park have an average cost of $593 which is $5,006 cheaper than the average rent for all rentals in Ocean Park.

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.

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