Cheap Apartments for Rent in the Wilshire Neighborhood of Santa Monica, CA from $700 (264 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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811 4th St
$2,350 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$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
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1437 10th St, Unit C
$2,400
Total Monthly Price

Total Monthly Price

Base Rent
$2,400
Total Monthly Price
$2,400
Studio Apartment Available Now

1437 10th St, Unit C

1437 10th StSanta Monica, CA 90401
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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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Living at Santa Monica
Rent Specials
$2,512 - $4,689
Total Monthly Price

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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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1813 12th St, 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

1813 12th StSanta Monica, CA 90404
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  • Smoke Free

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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Gibson Santa Monica
Rent Specials
$2,784 - $5,725
Total Monthly Price

Total Monthly Price

Base Rent
$2,784 - $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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1337 19th St
Rent Specials
$2,895 - $2,995
Total Monthly Price

Total Monthly Price

Base Rent
$2,895 - $2,995
Total Monthly Price
$2,895 - $2,995
2 Bedroom Apartments Available Now

1337 19th St

1337 19th StSanta Monica, CA 90404
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Junction Santa Monica
Rent Specials
$2,906 - $4,382
Total Monthly Price

Total Monthly Price

Base Rent
$2,906 - $4,382
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Studio to 3 Bedroom Apartments Available Now

Junction Santa Monica

1641 Lincoln BlvdSanta Monica, CA 90404
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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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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 1434 Santa Monica Blvd priced from $1,650. 123 California Ave has the second lowest priced unit, which is a Studio apartment currently listed from $1,748. Here are the most affordable Wilshire apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
1434 Santa Monica BlvdStudioStudio,1BA$1,650
123 California Ave0BR/1.0BAStudio,1BA$1,748
1517 11th StStudioStudio,1BA$1,800
01120SI0BR/1.0BAStudio,1BA$1,895
1117 3rd StStudioStudio,1BA$1,900
1015 2nd Street1BR/1.0BA1BR,1BA$1,948
Criterion PromenadeStudio AStudio,1BA$2,095
1228 10th Street1+11BR,1BA$2,125

Best Value Apartments for Rent in Wilshire, CA

As of June 01, 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 843 18th St in Santa Monica. Steps to Montana Ave! starting at $3,695 with a $3.08 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 ListingModel NameBed/BathPrice Per Sq.Ft.
129 Marguerita AveJ3BR,2.5BA$3.06
843 18th St in Santa Monica. Steps to Montana Ave!2BR/2.0BA2BR,2BA$3.08
1536 11th St, Unit 15361536 11th St2BR,1BA$3.16
1337 19th St2 Bed 1 Bath2BR,1BA$2.63
801 2nd Street1 Bed 1 Bath1BR,1BA$3.44
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
1913 11th St - TWO bedrooms AVAILABALE !2+22BR,2BA$2.88
1228 10th Street1+11BR,1BA$3.27
123 California Ave0BR/1.0BAStudio ,1BA$2.94

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 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 $2,125.

What is the price of a cheap apartment in Wilshire?

The cheapest apartment in Wilshire is 1015 2nd Street which is listed at $1,948, while the average apartment in Wilshire costs $6,421.

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 9 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 $823 which is $5,598 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.

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