
Cheap Apartments for Rent in the Pico Neighborhood of Santa Monica, CA from $1,500 (96 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pico area of Santa Monica.


1517 11th St

1445 25th St

1731 Pico Blvd

2001 - 2029 Olympic

Total Monthly Price
2418 32nd St, Unit GH

2122 Ocean Park Blvd

1524 15th St

1418 12th St

Santa Monica Palms
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La Traviata

3 3rd St

1455 24th St

1517 9th St

2702 Broadway, Unit 2702 Broadway, Apt B

1231 12th St

1814-1820 11th St

2417 Arizona Ave, Unit 2419 Arizona Ave

17th Street Santa Monica

1837-1839 Euclid St
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1010 Pico Blvd in Santa Monica. Walk to t...

Ocean Park Boulevard

1522 N Harvard St

1124 12th St

Yale Apartments

1748 18th St

2535 Kansas Ave

1307 15th St

1001 19th St

1025 19th St
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2302 32nd St

Lincoln SM

Olympic Studios

1517 18th Street

1243 12th St

1417 11th St

1233 14th St

1412 W. 17th St

2403 Centinela Ave

1827 Euclid St
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12TH ST., 1528

2346 20th St

HARV1432

1257 9th St

1831 Pearl St

7th St.-1843

2342 20th St

1219 California Ave

2010 Ocean Park Blvd

2610-2612 Santa Monica 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 | $2,877 | $1,695 | $4,880 |
| Pico 1 Bedroom Apartments | $3,229 | $1,800 | $6,945 |
| Pico 2 Bedroom Apartments | $4,581 | $2,700 | $9,705 |
| Pico 3 Bedroom Apartments | $6,880 | $4,300 | $10,000+ |
| Pico 4 Bedroom Apartments | $4,950 | $4,950 | $4,950 |
Browse Apartments in this Neighborhood
There are currently 96 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 1434 Santa Monica Blvd priced from $1,650. 1517 11th St has the second lowest priced unit, which is a Studio apartment currently listed from $1,800. Here are the most affordable Pico apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1434 Santa Monica Blvd | Studio | Studio,1BA | $1,650 |
| 1517 11th St | Studio | Studio,1BA | $1,800 |
| 1560 S Centinela Ave | 206 | Studio,1BA | $1,850 |
| 1731 Pico Blvd | Upper Studio | Studio,1BA | $1,895 |
| 2001 - 2029 Olympic | Studio Flat | Studio,1BA | $1,910 |
| 1412 W. 17th St | 1BR/1.0BA | 1BR,1BA | $2,045 |
| 1418 12th St | Studio | Studio,1BA | $2,195 |
| Santa Monica Palms | 1 bed remodel | 1BR,1BA | $2,200 |
| 2010 Ocean Park Blvd | 0BR/1.0BA | Studio,1BA | $2,200 |
Best Value Apartments for Rent in Pico, CA
As of February 12, 2026 the best value apartment in the Pico area is the $2.97 price per square foot 2402 34th St Model at 2402 34th St, Unit A in the in the Pico neighborhood starting from $3,975. The second greatest value Pico apartment is the 1 Model at 1458 Berkeley St starting at $3,750 with a $3.13 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. |
|---|---|---|---|
| 2402 34th St, Unit A | 2402 34th St | 2BR,2.5BA | $2.97 |
| 1458 Berkeley St | 1 | 2BR,1.5BA | $3.13 |
| 1033 Euclid St, Unit 7 | 1033 Euclid St | 2BR,2BA | $2.75 |
| 2803 Arizona Ave | 2BD 2BA | 2BR,2BA | $2.77 |
| 1848 12th St | 1BR/1.0BA | 1BR,1BA | $2.00 |
| 1813 12th St, Unit C | 1813 12th St | 2BR,1BA | $3.23 |
| La Playa 07-SM | 2BR/2.0BA | 2BR,2BA | $3.30 |
| 1121 26th St, Unit 1 | 1121 26th St | 2BR,1BA | $3.33 |
| 1307 Harvard St, Unit 1 | 1307 Harvard St | 1BR,1BA | $3.19 |
| 20th Street Luxury Investments LLC | 1BR/1.0BA | 1BR,1BA | $3.29 |
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 1412 W. 17th St which is listed at $2,045, while the average apartment in Pico costs $5,759.
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 20 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 $261 which is $5,498 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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