Cheap Apartments for Rent in the Wilshire Neighborhood of Santa Monica, CA from $500 (226 Rentals)

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

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.

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1534 11th St
$2,138 - $3,450
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$2,138 - $3,450

Total Monthly Price
$2,138 - $3,450
Studio to 2 Bedroom Apartment Available Now

1534 11th St

1534 11th StSanta Monica, CA 90401
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811 4th St
$2,350 - $2,500
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$2,350 - $2,500

Total Monthly Price
$2,350 - $2,500
Studio to 1 Bedroom Apartment Available Now

811 4th St

811 4th StSanta Monica, CA 90403
Affordability

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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Junction Santa Monica
Rent Specials
$2,406 - $4,117
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$2,406 - $4,117

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Studio to 3 Bedroom Apartments Available Now

Junction Santa Monica

1641 Lincoln BlvdSanta Monica, CA 90404
Affordability
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Living at Santa Monica
Rent Specials
$2,512 - $4,689
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$2,512 - $4,689

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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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Gibson Santa Monica
Rent Specials
$2,537 - $5,725
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$2,537 - $5,725

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Studio to 2 Bedroom Apartments Available Now

Gibson Santa Monica

1317 7Th StSanta Monica, CA 90401
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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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1813 12th St, Unit G, Unit G
$2,595
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Total Monthly Price

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$2,595

Total Monthly Price
$2,595
1 Bedroom Apartment Available Now

1813 12th St, Unit G, Unit G

1813 12th StSanta Monica, CA 90404
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919 17th St
$2,699 - $3,299
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$2,699 - $3,299

Total Monthly Price
$2,699 - $3,299
1 Bedroom Apartment Available Now

919 17th St

919 17th StSanta Monica, CA 90403
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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.

property at 818 19th St

$2,765

Total Monthly Price

Total Monthly Price

Base Rent
$2,765

Total Monthly Price
$2,765

1 Bedroom, 1 Bath Home for Rent

Available May 4

818 19th St

Santa MonicaCA90403
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Catherine Santa Monica
Rent Specials
$2,859 - $7,147
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$2,859 - $7,147

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Studio to 3 Bedroom Apartments Available Now

Catherine Santa Monica

1625 Lincoln BlvdSanta Monica, CA 90404
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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.

Wilshire, Santa Monica, CA Local Guide

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 1117 3rd St priced from $1,591. 1015 2nd Street has the second lowest priced unit, which is a Studio apartment currently listed from $1,598. Here are the most affordable Wilshire apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
1117 3rd StRestricrted Income StudioStudio,1BA$1,591
1015 2nd Street0BR/1.0BAStudio,1BA$1,598
1434 Santa Monica BlvdStudioStudio,1BA$1,650
123 California Ave0BR/1.0BAStudio,1BA$1,748
1517 11th StStudioStudio,1BA$1,800
Monroe Manor1244 11th St StudioStudio,1BA$1,995
01120SI0BR/1.0BAStudio,1BA$1,995
Criterion PromenadeStudio AStudio,1BA$2,095
1228 10th Street1+11BR,1BA$2,125

Best Value Apartments for Rent in Wilshire, CA

As of April 16, 2026 the best value apartment in the Wilshire area is the $2.93 price per square foot 3 Bedroom 2 Bathroom Model at 960 17th Street - Apt 2 in the in the Pico neighborhood starting from $5,500. The second greatest value Wilshire apartment is the J Model at 129 Marguerita Ave starting at $5,500 with a $3.06 price per square foot in the Wilshire neighborhood. Here is today’s list of the best values for Wilshire apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
960 17th Street - Apt 23 Bedroom 2 Bathroom3BR,2BA$2.93
129 Marguerita AveJ3BR,2.5BA$3.06
Euclid St Apartments3x2R3BR,2BA$3.36
1129-1131 23rd St ApartmentsE2BR,2BA$3.27
1337 19th St2 Bed 1 Bath2BR,1BA$2.72
500 California Ave, North of Wilshire in Santa Monica. 5 blocks to the beach2BR/1.0BA2BR,1BA$2.95
1212 Michigan Ave, Unit A1212 Michigan Ave2BR,1BA$2.74
1323 11th StUpstairs Large 1 Bed + 1 Bath1BR,1BA$3.33
1444 17th St, Unit #21444 17th St2BR,1BA$3.35
1228 10th Street1+11BR,1BA$3.27

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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Pet Friendly Lifestyle
Wilshire, Santa Monica, CA

Ranked #1

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Wilshire Apartments

What is the Cheapest Studio apartment in Wilshire?

Currently the most affordable Cheap Studio Apartment in Wilshire is at 1117 3rd St listed at $1,591.

How much is rent for a Cheap One Bedroom Wilshire Apartment?

The lowest price for a Cheap One Bedroom Wilshire Apartment is $2,125 at 1228 10th Street.

What is the lowest price for a Cheap Two Bedroom Wilshire Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wilshire is starting from $2,895 at 1823 7th St.

What is the most affordable Wilshire Three Bedroom Apartment?

The best deal on a cheap Wilshire Three Bedroom Apartment rental is at Euclid St Apartments and starts from $3,699.

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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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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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.