Cheap Apartments for Rent in the Ocean Park Neighborhood of Santa Monica, CA from $500 (129 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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1042 Pearl St, Unit A
$2,450
Total Monthly Price

Total Monthly Price

Base Rent
$2,450

Total Monthly Price
$2,450
1 Bedroom Apartment Available Now

1042 Pearl St, Unit A

1042 Pearl StSanta Monica, CA 90405
Affordability
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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.

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1926 3rd St, Unit 1926
$2,750
Total Monthly Price

Total Monthly Price

Base Rent
$2,750

Total Monthly Price
$2,750
1 Bedroom Apartment Available Now

1926 3rd St, Unit 1926

1926 3rd StSanta Monica, CA 90405
Affordability
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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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1420-1426 1/2 Maple St
Studio to 2 Bedroom Apartments

1420-1426 1/2 Maple St

1420-1426 1/2 Maple StSanta Monica, CA 90405
  • Utilities Included
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Ocean Park Apartments
Studio to 2 Bedroom Apartments

Ocean Park Apartments

2427 W 4th StSanta Monica, CA 90405
  • Utilities Included
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2539 7th St #C
1 Bedroom Apartments

2539 7th St #C

2539 7th StSanta Monica, CA 90405
  • Utilities Included
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2928 4th St
Studio to 1 Bedroom Apartments

2928 4th St

2928 4th StSanta Monica, CA 90405
  • Utilities Included
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828 Cedar St
1 Bedroom Apartments

828 Cedar St

828 Cedar StSanta Monica, CA 90405
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2635 5th Street
1 Bedroom Apartments

2635 5th Street

2635 5th StSanta Monica, CA 90405

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.

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1843 7th St
1 Bedroom Apartments

1843 7th St

1843 7th StSanta Monica, CA 90401
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Bay on 6th
Studio to 2 Bedroom Apartments

Bay on 6th

1920 6th AveSanta Monica, CA 90405
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2624 6th Street
1 Bedroom Apartments

2624 6th Street

2624 6th StSanta Monica, CA 90405
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835 Ashland Ave
Studio to 2 Bedroom Apartments

835 Ashland Ave

835 Ashland AveSanta Monica, CA 90405
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2620 11th St
1 Bedroom Apartments

2620 11th St

2620 11th StSanta Monica, CA 90405
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1044 Pacific St
1 to 2 Bedroom Apartments

1044 Pacific St

1044 Pacific StSanta Monica, CA 90405
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4TH2015
1 to 3 Bedroom Apartments

4TH2015

2015-2019 4th StSanta Monica, CA 90405
  • Utilities Included
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512 Ocean Park Blvd
1 to 2 Bedroom Apartments

512 Ocean Park Blvd

512 Ocean Park BlvdSanta Monica, CA 90405
  • Utilities Included
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533 Ashland
1 to 2 Bedroom Apartments

533 Ashland

533 Ashland AveSanta Monica, CA 90405
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 $1,298. 30 Dudley Ave has the second lowest priced unit, which is a Studio apartment currently listed from $1,498. Here are the most affordable Ocean Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
101 Dudley AveJUNIOR STUDIOStudio,$1,298
30 Dudley AveStudioStudio,1BA$1,498
Third Avenue ApartmentsEfficiency A NO FULL KITCHENStudio,1BA$1,750
626 Rose AveUnit 4Studio,1BA$1,900
2635 5th Street1 Bed 1 Bath1BR,1BA$2,195
Bay on 6thStudioStudio,1BA$2,199
Vernon Avenue Apartments1 Bed 1 Bath1BR,1BA$2,250

Best Value Apartments for Rent in Ocean Park, CA

As of June 11, 2026 the best value apartment in the Ocean Park area is the $3.81 price per square foot 1007 Pacific St Model at 1007 Pacific St, Unit A in the in the Ocean Park neighborhood starting from $4,950. 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.
1007 Pacific St, Unit A1007 Pacific St2BR,1BA$3.81
Ocean Park ApartmentsTwo Bedroom2BR,2BA$3.16
3111 4th StreetOne Bedroom + One Bath1BR,1BA$3.68
Euclid Apartments2BRUPG2BR,1BA$3.00
1857 7th St1 Beds, 1 Baths1BR,1BA$2.75
3016 Ruskin St, Unit rear3016 Ruskin St1BR,1BA$3.47
Fourth Avenue1 Bedroom1BR,1BA$3.33
Pacific ApartmentsP2BR,1BA$3.86
626 Rose AveUnit 4Studio ,1BA$3.17
Vernon Avenue Apartments1 Bed 1 Bath1BR,1BA$4.09

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 $2,250.

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

The cheapest apartment in Ocean Park is 2635 5th Street which is listed at $2,195, while the average apartment in Ocean Park costs $5,724.

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 5 regular apartments in Ocean Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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