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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.
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Rent Specials
$1,595 - $1,695Studio Apartments Available Now
Ocean Park Boulevard
1717-1723 Ocean Park BlvdSanta Monica, CA 90405
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$1,650 - $1,900Studio Apartments Available Now
1434 Santa Monica Blvd
1434 Santa Monica BlvdSanta Monica, CA 90404
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$1,7501 Bedroom Apartment Available Now
2508 30th St, Unit Studio Apartment
2508 30th StSanta Monica, CA 90405
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Rent Specials
$1,910 - $2,427Studio Apartments Available Now
2001 - 2029 Olympic
2001 Olympic BlvdSanta Monica, CA 90404
1111 12th St
Santa MonicaCA90403
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$1,9951 Bedroom Apartments Available Now
2122 Ocean Park Blvd
2122 Ocean Park BlvdSanta Monica, CA 90405
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$2,195 - $3,250Studio to 2 Bedroom Apartments Available Now
1418 12th St
1418 12th StSanta Monica, CA 90401
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$2,2001 Bedroom Apartments Available Now
2610-2612 Santa Monica Blvd
2610-2612 Santa Monica BlvdSanta Monica, CA 90404
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$2,2501 Bedroom Apartment Available Now
2866 Exposition Blvd, Unit A
2866 Exposition BlvdSanta Monica, CA 90404
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$2,2951 Bedroom Apartments Contact Us For Availability
20th Street Luxury Investments LLC
1060 20th StSanta Monica, CA 90403
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$2,2951 Bedroom Apartment Available Now
2702 Broadway, Unit 2702 Broadway, Apt B
2702 BroadwaySanta Monica, CA 90404
1524 15th St
Santa MonicaCA90404
1243 26th St
Santa MonicaCA90404
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$2,300 - $2,8001 Bedroom Apartments Contact Us For Availability
Santa Monica Palms
2501 Pico BlvdSanta Monica, CA 90405
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$2,300 - $2,9951 to 2 Bedroom Apartments Available Now
1814-1820 11th St
1814-1820 11th StSanta Monica, CA 90404
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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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$2,3501 Bedroom Apartments Available Now
2202-2206 20th St in Santa Monica! Near Ocean Park Blvd.
2202-2206 20th StSanta Monica, CA 90405
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$2,3501 Bedroom Apartments Available Now
2202-2206 20th St in Santa Monica! Near Ocean Park Blvd.
2202-2206 20th StSanta Monica, CA 90405
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Studio to 1 Bedroom Apartments
1010 Pico Blvd in Santa Monica. Walk to t...
1010 Pico BlvdSanta Monica, CA 90405
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Pico, Santa Monica, CA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Pico?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pico Studio Apartments | $3,067 | $1,595 | $5,080 |
| Pico 1 Bedroom Apartments | $3,507 | $1,750 | $6,945 |
| Pico 2 Bedroom Apartments | $4,710 | $2,595 | $9,475 |
| Pico 3 Bedroom Apartments | $6,523 | $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 |
| 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 |
| 1517 11th St | 1 Bed 1 Bath | 1BR,1BA | $2,250 |
Best Value Apartments for Rent in Pico, CA
As of December 17, 2025 the best value apartment in the Pico area is the $3.17 price per square foot Apt. 10 Model at 2803 Arizona Ave in the in the Pico neighborhood starting from $4,500. The second greatest value Pico apartment is the 1033 Euclid St Model at 1033 Euclid St, Unit 7 starting at $3,300 with a $2.75 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. |
|---|---|---|---|
| 2803 Arizona Ave | Apt. 10 | 3BR,2BA | $3.17 |
| 1033 Euclid St, Unit 7 | 1033 Euclid St | 2BR,2BA | $2.75 |
| 1802 Oak St, Unit 3 | 1802 Oak St | 2BR,1BA | $2.59 |
| 1813 12th St, Unit C | 1813 12th St | 2BR,1BA | $3.33 |
| 1511 Yale St, Unit E | 1511 Yale St | 2BR,1.5BA | $2.90 |
| 1913 11th St - TWO bedrooms AVAILABALE ! | 2+2 | 2BR,2BA | $3.11 |
| 2021 Ocean Park Blvd, Unit Front Unit | 2021 Ocean Park Blvd | 2BR,1BA | $3.33 |
| 2226 S Carmelina Ave, Unit 2226 | 2226 S Carmelina Ave | 1BR,1BA | $3.22 |
| 2430 20th St, Unit C | 2430 20th St | 1BR,1BA | $3.03 |
| 1455 9th Street | 31 | 1BR,1BA | $3.28 |
Getting Around the Pico Neighborhood in Santa Monica, CA
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
95 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
67 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,250.
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 $5,585.
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 8 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 $257 which is $5,328 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.
Helpful Local Expert Guides
The 10 Best Affordable Neighborhoods in Los Angeles, CA
Written by: Rachel Presser
Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.
A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Written by: Rachel Presser
When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.
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Written by: Rachel Presser
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Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.