
Cheap Homes for Rent in Pico Neighborhood of Santa Monica, CA from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Pico area of Santa Monica.


1503 Yale St

1996 Virginia Ave

2300 Oak St, Unit 5

1217 20th St

1444 15th St, Unit 8
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1234 12th St, Unit 5, Unit 5

1342 Yale St

2016 20th St

1455 24th St, Unit 4

2029 Delaware Ave

2317 Ocean Park Blvd, Unit 2317- A
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.
Pico, Santa Monica, CA Local Guide

How much does it cost to rent a home in Pico?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pico 2 Bedroom Homes for Rent | $4,944 | $1,800 | $8,999 |
| Pico 3 Bedroom Homes for Rent | $6,961 | $5,195 | $10,000+ |
| Pico 4 Bedroom Homes for Rent | $9,466 | $6,400 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 12 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. 1731 Pico Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $1,750. 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 |
| 1731 Pico Blvd | Upper Studio | Studio,1BA | $1,750 |
| 1517 11th St | Studio | Studio,1BA | $1,800 |
| 2001 - 2029 Olympic | Studio Flat | Studio,1BA | $1,910 |
| Santa Monica Palms | 1 bed remodel | 1BR,1BA | $2,125 |
Best Value Apartments for Rent in Pico, CA
As of April 25, 2026 the best value apartment in the Pico area is the $3.04 price per square foot 1 Model at 1458 Berkeley St in the in the Pico neighborhood starting from $3,650. The second greatest value Pico apartment is the 2 Bed 1 Bath Model at 1337 19th St starting at $2,995 with a $2.72 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. |
|---|---|---|---|
| 1458 Berkeley St | 1 | 2BR,1.5BA | $3.04 |
| 1337 19th St | 2 Bed 1 Bath | 2BR,1BA | $2.72 |
| 2343 30th St | 1 Bed 1 Bath | 1BR,1BA | $3.20 |
| 1212 Michigan Ave, Unit A | 1212 Michigan Ave | 2BR,1BA | $2.74 |
| 1823 19th St, Unit 3 | 1823 19th St | 2BR,2BA | $3.33 |
| 2608 22nd St, Unit 2608 | 2608 22nd St | 1BR,1BA | $3.33 |
| 1323 11th St | Upstairs Large 1 Bed + 1 Bath | 1BR,1BA | $3.33 |
| 1444 17th St, Unit #2 | 1444 17th St | 2BR,1BA | $3.35 |
| 2430 20th St | 2430 20th St | 1BR,1BA | $3.12 |
| 825-829 Grant St | 2Bd 1Br | 2BR,1BA | $3.24 |
Frequently Asked Questions about Pico
What type of rentals are currently available in Pico?
There are currently 1449 Apartments for Rent in Pico, CA with pricing that ranges from $1,224 to $32,000. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pico ranging from $790 to $12,000.
What is the current price range for Rental Homes in Pico?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pico ranges from $790 to $12,000 with an average monthly rent of $5,166.
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

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Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
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Renting your next home can feel thrilling and overwhelming at the same time.