Cheap Apartments for Rent in the Pico Neighborhood of Santa Monica, CA from $1,500 (139 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pico area of Santa Monica.

property at 1234 12th St

$1,950

2 Bedroom, 2.5 Bath Condo for Rent

Available Now

1234 12th St, Unit 5

1234 12th St
Santa MonicaCA90401

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property at 2308 Schader Dr

$2,450

Total Monthly Price

Total Monthly Price

Base Rent
$2,450

Total Monthly Price
$2,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

2308 Schader Dr, Unit 204

2308 Schader Dr
Santa MonicaCA90404
property at 2023 Cloverfield Blvd

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

1 Bedroom, 1 Bath Condo for Rent

Available May 21

2023 Cloverfield Blvd, Unit F

2023 Cloverfield Blvd
Santa MonicaCA90404
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Living at Santa Monica
Rent Specials
$2,512 - $4,689
Total Monthly Price

Total Monthly Price

Base Rent
$2,496 - $4,673
Required Monthly Fees
Varies

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Living at Santa Monica

1519 6th StSanta Monica, CA 90401
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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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Junction Santa Monica
Rent Specials
$2,550 - $3,828
Total Monthly Price

Total Monthly Price

Base Rent
$2,543 - $3,821
Required Monthly Fees
Varies

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Junction Santa Monica

1641 Lincoln BlvdSanta Monica, CA 90404
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property at 1440 23rd St

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

1440 23rd St, Unit 101

1440 23rd St
Santa MonicaCA90404

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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1837-1839 Euclid St
Studio to 2 Bedroom Apartments

1837-1839 Euclid St

1837-1839 Euclid StSanta Monica, CA 90404
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Ten Ten Apartments
Studio to 1 Bedroom Apartments

Ten Ten Apartments

1010 Pico BlvdSanta Monica, CA 90405
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Ocean Park Boulevard
Studio to 2 Bedroom Apartments

Ocean Park Boulevard

1717-1723 Ocean Park BlvdSanta Monica, CA 90405
  • Utilities Included
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1522 N Harvard St
Studio to 2 Bedroom Apartments

1522 N Harvard St

1522 N Harvard StSanta Monica, CA 90404
  • Utilities Included
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1124 12th St
1 to 3 Bedroom Apartments

1124 12th St

1124 12th StSanta Monica, CA 90403
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Yale Apartments
Studio to 2 Bedroom Apartments

Yale Apartments

1328 Yale StSanta Monica, CA 90404
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1748 18th St
1 Bedroom Apartments

1748 18th St

1748 18th StSanta Monica, CA 90404
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2535 Kansas Ave
Studio to 2 Bedroom Apartments

2535 Kansas Ave

2535 Kansas AveSanta Monica, CA 90404
  • Utilities Included
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1307 15th St
Studio to 2 Bedroom Apartments

1307 15th St

1307 15th StSanta Monica, CA 90404

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 ListingModel NameBed/BathPriced From
1434 Santa Monica BlvdStudioStudio,1BA$1,650
1517 11th StStudioStudio,1BA$1,800
1560 S Centinela Ave111Studio,1BA$1,850
1731 Pico BlvdUpper StudioStudio,1BA$1,895
2001 - 2029 OlympicStudio FlatStudio,1BA$1,910
Santa Monica Palms1 bed remodel1BR,1BA$2,125
La Traviata1x11BR,1BA$2,150

Best Value Apartments for Rent in Pico, CA

As of April 01, 2026 the best value apartment in the Pico area is the $1.28 price per square foot 1909 22nd St Model at 1909 22nd St, Unit 3 in the in the Pico neighborhood starting from $1,600. The second greatest value Pico apartment is the 1BR/1.0BA Model at 1848 12th St starting at $2,295 with a $2.00 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1909 22nd St, Unit 31909 22nd St3BR,2BA$1.28
1848 12th St1BR/1.0BA1BR,1BA$2.00
1337 19th St2 Bed 1 Bath2BR,1BA$2.72
1913 11th St2+22BR,2BA$2.72
Euclid St Apartments3x2R3BR,2BA$3.36
1129-1131 23rd St ApartmentsE2BR,2BA$3.27
1230 25th St, Unit #11230 25th St2BR,2BA$3.31
1212 Michigan Ave, Unit A1212 Michigan Ave2BR,1BA$2.74
1823 19th St, Unit 31823 19th St2BR,2BA$3.33
2430 20th St, Unit C2430 20th St1BR,1BA$3.12

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 $2,150.

What is the price of a cheap apartment in Pico?

The cheapest apartment in Pico is Santa Monica Palms which is listed at $2,125, while the average apartment in Pico costs $5,389.

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 63 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 $314 which is $5,075 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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