
Cheap Apartments for Rent in the Wilshire Neighborhood of Santa Monica, CA from $700 (82 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wilshire area of Santa Monica.


123 California Ave

1434 Santa Monica Blvd

1517 11th St

300 California Ave

Criterion Promenade

Silvercrest Senior Residence

1524 15th St

1437 1443 9th St

1217 9th St
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.

1418 12th St

225 Montana Ave

La Traviata

Total Monthly Price
1517 9th St

1231 12th St

1814-1820 11th St

1432 16th St

1122 6th St

1837-1839 Euclid St

1010 Pico Blvd in Santa Monica. Walk to t...
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.

PR SM Livorno LLC

1015 2nd Street

1124 12th St

1042 6th St

1117 3rd St

1307 15th St

1218 6th St

The Sovereign

1001 19th St

838 7th St
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.

1025 19th St

937 6th St in Santa Monica - North of Wilshire and 6 blocks to the beach!

928-934 12th St

Lincoln SM

1102 11th St

1517 18th Street

1118 11th Street

1243 12th St

833 11th St

1417 11th St
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.

3RD927

1233 14th St

810-812 7th St

907 Lincoln Blvd

1147 6th St

1412 W. 17th St

808 6th St

VRS Portofino LLC

1827 Euclid St

PR SM Verona LLC
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.
Wilshire, Santa Monica, CA Local Guide

How much does it cost to rent an apartment in Wilshire?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wilshire Studio Apartments | $3,125 | $1,550 | $4,880 |
| Wilshire 1 Bedroom Apartments | $3,703 | $1,500 | $6,945 |
| Wilshire 2 Bedroom Apartments | $4,911 | $2,875 | $10,000+ |
| Wilshire 3 Bedroom Apartments | $6,772 | $4,400 | $10,000+ |
| Wilshire 4 Bedroom Apartments | $4,950 | $4,950 | $4,950 |
Browse Apartments in this Neighborhood
There are currently 82 rentals with your search options within a 1 mile radius of the Wilshire Neighborhood of Santa Monica, CA.
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Wilshire, Santa Monica, CA Local Guide
- Nearby Santa Monica neighborhoods
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Cheapest Available Wilshire Apartments for Rent
 The cheapest available apartment rental in the Wilshire area of Los Angeles, CA is a Studio unit found at Avalon Apartments of Santa Monica priced from $1,500. 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 Wilshire apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Avalon Apartments of Santa Monica | Single | Studio,1BA | $1,500 |
| 1434 Santa Monica Blvd | Studio | Studio,1BA | $1,650 |
| 1015 2nd Street | 0BR/1.0BA | Studio,1BA | $1,698 |
| 1517 11th St | Studio | Studio,1BA | $1,800 |
| 1118 11th Street | Studio | Studio,1BA | $1,950 |
| 1412 W. 17th St | 1BR/1.0BA | 1BR,1BA | $2,045 |
| Criterion Promenade | Studio A | Studio,1BA | $2,095 |
| 1217 9th St | Unit 9 | Studio,1BA | $2,195 |
| 1437 1443 9th St | 1BR/1.0BA | 1BR,1BA | $2,195 |
| 1418 12th St | Studio | Studio,1BA | $2,195 |
Best Value Apartments for Rent in Wilshire, CA
As of February 19, 2026 the best value apartment in the Wilshire area is the $3.06 price per square foot J Model at 129 Marguerita Ave in the in the Wilshire neighborhood starting from $5,500. The second greatest value Wilshire apartment is the 2BR/2.0BA Model at 20th Street Luxury Investments LLC starting at $3,395 with a $2.72 price per square foot in the Pico neighborhood. Here is today’s list of the best values for Wilshire apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 129 Marguerita Ave | J | 3BR,2.5BA | $3.06 |
| 20th Street Luxury Investments LLC | 2BR/2.0BA | 2BR,2BA | $2.72 |
| 1023 21st St, Unit 3 | 1023 21st St | 2BR,2BA | $3.33 |
| 1033 Euclid St, Unit 7 | 1033 Euclid St | 2BR,2BA | $2.75 |
| 1848 12th St | 1BR/1.0BA | 1BR,1BA | $2.00 |
| 1813 12th St, Unit C | 1813 12th St | 2BR,1BA | $3.23 |
| 1034 9th St | Unit 10 | 2BR,2BA | $3.20 |
| 1245 10th Street | Two Bed | 2BR,1BA | $3.40 |
| 1121 26th St, Unit 1 | 1121 26th St | 2BR,1BA | $3.33 |
| 1617 California Ave, Unit 1 | 1617 California Ave | 1BR,1BA | $3.38 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleWilshire, Santa Monica, CA
Ranked #1
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Wilshire Apartments
What is a cheap apartment in Wilshire?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wilshire is under $2,195.
What is the price of a cheap apartment in Wilshire?
The cheapest apartment in Wilshire is 1412 W. 17th St which is listed at $2,045, while the average apartment in Wilshire costs $5,749.
What types of apartments are the cheapest in Wilshire?
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 10 regular apartments in Wilshire 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 Wilshire?
Cheap apartments in Wilshire have an average cost of $1,257 which is $4,492 cheaper than the average rent for all rentals in Wilshire.
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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Renting your next home can feel thrilling and overwhelming at the same time.

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
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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.