Cheap Apartments for Rent in the Waterfront Neighborhood of Santa Barbara, CA from $1,200 (3 Rentals)

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

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405 Corona del Mar
1 Bedroom Apartments

405 Corona del Mar

405 Corona del MarSanta Barbara, CA 93103
  • Utilities Included

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Waterfront, Santa Barbara, CA Local Guide

Best Value Apartments for Rent in Waterfront, CA

As of April 27, 2025 the best value apartment in the Waterfront area is the $3.16 price per square foot 2 BEDROOM Model at Natoma Apartments in the in the Westside neighborhood starting from $3,950. The second greatest value Waterfront apartment is the 3 bedroom 1.5 Bathroom Model at Ivy at Anapamu starting at $4,900 with a $4.26 price per square foot in the Westside neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Natoma Apartments2 BEDROOM2BR,2BA$3.16
Ivy at Anapamu3 bedroom 1.5 Bathroom3BR,1.5BA$4.26
The Messina2Bed2Bath-A2BR,2BA$4.00
20 E Islay St, Unit B20 E Islay St1BR,1BA$4.00
Ivy at CarrilloTwo Bedroom2BR,1BA$4.66
Sea Cliff Apartments1x1 - Furnished - 725 SF1BR,1BA$5.79
Villa Flores Apartments1 Bedroom1BR,1BA$4.00
609 W Junipero St1Bed/1Bath1BR,1BA$5.52
The Arroyo House Student Living.Foothill1BR,1BA$3.75

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Pet Friendly Lifestyle
Waterfront, Santa Barbara, CA

Ranked #16

Among neighborhoods in Santa Barbara, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Waterfront Neighborhood in Santa Barbara, CA

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Waterfront Apartments

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

The lowest price for a Cheap One Bedroom Waterfront Apartment is $1,285 at The Arroyo House Student Living..

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

Today's best deal for a Cheap Two Bedroom Apartment in Waterfront is starting from $1,285 at The Arroyo House Student Living..

What is the most affordable Waterfront Three Bedroom Apartment?

The best deal on a cheap Waterfront Three Bedroom Apartment rental is at The Arroyo House Student Living. and starts from $1,285.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

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Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.