
Cheap Apartments for Rent in the Pico Neighborhood of Santa Monica, CA from $775 (168 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pico area of Santa Monica.


1637 Berkeley St

2300 Oak St, Unit 5

1441 Yale St, Unit B2

Ocean Park Boulevard

1434 Santa Monica Blvd

Total Monthly Price
1823 19th St

1823 12th St

2504 23rd St

1517 11th St
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Total Monthly Price
1254 14th St, Unit A

1042-1048 17th St

1646 Berkeley St, Unit 5

2001 - 2029 Olympic

2122 Ocean Park Blvd

Total Monthly Price
1714 Montana Ave, Unit B

Santa Monica Palms

1242 Harvard St

1010 Pico Blvd

Total Monthly Price
1437 10th St, Unit C
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1824 16th St, Unit 8

1228-1232 15th St.

Total Monthly Price
2702 Broadway, Unit 2702 Broadway, Apt B

2320 Virginia Ave

1422 - 1432 7th

2201 Oak St, Unit B

Total Monthly Price
1842 22nd St

15th Street Apartments

Bixby

1938 Euclid St
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Samo Capri Apartments

1402 Arizona Ave, Unit 9

1440 23rd St, Unit 220

Total Monthly Price
1417 14th St, Unit 2

1433 25th St

Seventh West Apartments

Total Monthly Price
Santa Monica Collection - 1430 Lincoln

Millennium Santa Monica

Total Monthly Price
1229 23rd St, Unit Cottage

1531 Harvard St, Unit 3
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1347 23rd St

1041 20th St, Unit J

Total Monthly Price
1953 19th St, Unit B

Total Monthly Price
1820 9th St, Unit 4

1438 10th St

Breeze Suites Moderne

1324 14th St, Unit 10

1228 15th St

1537 7th

2408 Ocean Park Blvd
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Pico, Santa Monica, CA Local Guide

How much does it cost to rent an apartment in Pico?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pico Studio Apartments | $2,715 | $1,550 | $5,395 |
| Pico 1 Bedroom Apartments | $3,188 | $1,995 | $6,945 |
| Pico 2 Bedroom Apartments | $4,471 | $775 | $9,800 |
| Pico 3 Bedroom Apartments | $6,237 | $1,224 | $10,000+ |
| Pico 4 Bedroom Apartments | $6,975 | $6,975 | $6,975 |
Browse Apartments in this Neighborhood
There are currently 168 rentals with your search options within a 2 mile radius of the Pico Neighborhood of Santa Monica, CA.
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Cheapest Available Pico Apartments for Rent
 The cheapest available apartment rental in the Pico area of Los Angeles, CA is a 1 Bed unit found at 1228 15th St priced from $1,295. Ocean Park Boulevard has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here are the most affordable Pico apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1228 15th St | 1 Bedroom | 1BR,1BA | $1,295 |
| Ocean Park Boulevard | Efficiency | Studio,1BA | $1,550 |
| 1434 Santa Monica Blvd | Studio | Studio,1BA | $1,650 |
| 1537 7th | Studio | Studio,1BA | $1,650 |
| 2408 Ocean Park Blvd | 0BR/1.0BA | Studio,1BA | $1,650 |
| p1422 | 0BR/1.0BA | Studio,1BA | $1,795 |
| 1517 11th St | Studio | Studio,1BA | $1,800 |
| PICO, 1132-1136 | 0BR/1.0BA | Studio,1BA | $1,875 |
| 1042-1048 17th St | Studio | Studio,1BA | $1,900 |
Best Value Apartments for Rent in Pico, CA
As of August 23, 2026 the best value apartment in the Pico area is the $3.09 price per square foot Two Bed TH Model at 16th Street in the in the Pico neighborhood starting from $4,595. The second greatest value Pico apartment is the 1244 11th St 3/1.5 Model at Monroe Manor starting at $3,995 with a $3.20 price per square foot in the Pico neighborhood. Here is today’s list of the best values for Pico apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 16th Street | Two Bed TH | 2BR,3BA | $3.09 |
| Monroe Manor | 1244 11th St 3/1.5 | 3BR,1.5BA | $3.20 |
| 1424 Berkeley St, Unit 5 | 1424 Berkeley St | 2BR,1BA | $2.80 |
| 1540 Centinela Ave, Unit 108 | 1540 Centinela Ave | 2BR,2.5BA | $3.10 |
| Casa Grande Apartments | 2X2 Renovated | 2BR,2BA | $3.00 |
| 1857 7th St | 1 Beds, 1 Baths | 1BR,1BA | $2.86 |
| La Playa 07-SM | 1BR/1.0BA | 1BR,1BA | $2.94 |
| 2240 28th St, Unit D | 2240 28th St | 2BR,1BA | $3.35 |
| EUCLID, 1837 | 1BR/1.0BA | 1BR,1BA | $3.00 |
| 2122 Ocean Park Blvd | 1 Bedroom | 1BR,1BA | $3.02 |
Frequently Asked Questions about Cheap Pico Apartments
What is a cheap apartment in Pico?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pico is under $1,900.
What is the price of a cheap apartment in Pico?
The cheapest apartment in Pico is 1228 15th St which is listed at $1,295, while the average apartment in Pico costs $3,288.
What types of apartments are the cheapest in Pico?
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 28 regular apartments in Pico 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 Pico?
Cheap apartments in Pico have an average cost of $280 which is $3,008 cheaper than the average rent for all rentals in Pico.
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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