Cheap Apartments for Rent in the Pico Neighborhood of Santa Monica, CA from $1,300 (77 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pico area of Santa Monica.

Ocean Park Boulevard

1434 Santa Monica Blvd

2508 30th St, Unit Studio Apartment

2001 - 2029 Olympic

1111 12th St

2122 Ocean Park Blvd

1418 12th St
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2610-2612 Santa Monica Blvd

2866 Exposition Blvd, Unit A

1524 15th St

2702 Broadway, Unit 2702 Broadway, Apt B

1243 26th St

1814-1820 11th St

Santa Monica Palms
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2202-2206 20th St in Santa Monica! Near Ocean Park Blvd.

2202-2206 20th St in Santa Monica! Near Ocean Park Blvd.

1010 Pico Blvd in Santa Monica. Walk to t...
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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 | $2,982 | $1,595 | $5,080 |
| Pico 1 Bedroom Apartments | $3,511 | $1,750 | $6,945 |
| Pico 2 Bedroom Apartments | $4,700 | $2,595 | $9,475 |
| Pico 3 Bedroom Apartments | $6,610 | $1,300 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 77 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 Studio unit found at Ocean Park Boulevard priced from $1,595. 1434 Santa Monica Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $1,650. Here are the most affordable Pico apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ocean Park Boulevard | Efficiency | Studio,1BA | $1,595 |
| 1434 Santa Monica Blvd | Studio | Studio,1BA | $1,650 |
| 1731 Pico Blvd | Upper Studio | Studio,1BA | $1,695 |
| 2001 - 2029 Olympic | Studio Loft | Studio,1BA | $1,995 |
| Wellesley Manor | 12 | 1BR,1BA | $2,100 |
| 1418 12th St | Studio | Studio,1BA | $2,195 |
| 2610-2612 Santa Monica Blvd | #1 | 1BR,1BA | $2,200 |
Best Value Apartments for Rent in Pico, CA
As of December 29, 2025 the best value apartment in the Pico area is the $2.75 price per square foot 1033 Euclid St Model at 1033 Euclid St, Unit 7 in the in the Pico neighborhood starting from $3,300. The second greatest value Pico apartment is the 1802 Oak St Model at 1802 Oak St, Unit 3 starting at $2,850 with a $2.59 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. |
|---|---|---|---|
| 1033 Euclid St, Unit 7 | 1033 Euclid St | 2BR,2BA | $2.75 |
| 1802 Oak St, Unit 3 | 1802 Oak St | 2BR,1BA | $2.59 |
| 1511 Yale St, Unit E | 1511 Yale St | 2BR,1.5BA | $2.90 |
| 1245 10th Street | Two Bed | 2BR,1BA | $3.40 |
| 1957 Frank St / 2519 Virginia Ave | 2BR/1.0BA | 2BR,1BA | $2.78 |
| 1913 11th St - TWO bedrooms AVAILABALE ! | 2+2 | 2BR,2BA | $3.06 |
| 1121 26th St, Unit 1 | 1121 26th St | 2BR,1BA | $3.44 |
| 2021 Ocean Park Blvd, Unit Front Unit | 2021 Ocean Park Blvd | 2BR,1BA | $3.33 |
| 1617 California Ave, Unit 1 | 1617 California Ave | 1BR,1BA | $3.38 |
| 2866 Exposition Blvd, Unit A | 2866 Exposition Blvd | 1BR,1BA | $3.46 |
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 $2,200.
What is the price of a cheap apartment in Pico?
The cheapest apartment in Pico is Wellesley Manor which is listed at $2,100, while the average apartment in Pico costs $5,590.
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 7 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 $207 which is $5,383 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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