Cheap Apartments for Rent in Santa Monica, CA from $500 (61 Rentals)

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Belmar Apartments
Studio to 3 Bedroom Apartments

Belmar Apartments

1725 Ocean AveSanta Monica, CA 90401
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1245 10th Street
1 Bedroom Apartments

1245 10th Street

1245 10th StSanta Monica, CA 90401
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Monterey Plaza
2 Bedroom Apartments

Monterey Plaza

11701 Texas AveSanta Monica, CA 90405
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2307 Ocean Ave
Studio to 1 Bedroom Apartments

2307 Ocean Ave

2301-2307 Ocean AveSanta Monica, CA 90405
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1434 Santa Monica Blvd
Studio Apartments

1434 Santa Monica Blvd

1434 Santa Monica BlvdSanta Monica, CA 90404
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1948 20th St
Studio to 2 Bedroom Apartments

1948 20th St

1948 20th StSanta Monica, CA 90404
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1412 17th St
Studio Apartments

1412 17th St

1412 17th StSanta Monica, CA 90404
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2507 3rd St
Studio Apartments

2507 3rd St

2507 3rd StSanta Monica, CA 90405
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Los Angeles's Best Affordable Neighborhoods

Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

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1403 Innes Pl
Studio to 1 Bedroom Apartments

1403 Innes Pl

1403 Innes PlVenice, CA 90291
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10876 Palms Blvd
Studio to 1 Bedroom Apartments

10876 Palms Blvd

10876 Palms BlvdLos Angeles, CA 90034
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39 Sunset Ave
Studio Apartments

39 Sunset Ave

39 Sunset AveVenice, CA 90291
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1617 S Westgate Ave
1 Bedroom Apartments

1617 S Westgate Ave

1617 S Westgate AveLos Angeles, CA 90025
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Corinth Apartments
Studio Apartments

Corinth Apartments

2440 Corinth AveLos Angeles, CA 90064
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1309 Amherst Ave
1 Bedroom Apartments

1309 Amherst Ave

1309 Amherst AveLos Angeles, CA 90025
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11330 Ohio Ave
Studio Apartments

11330 Ohio Ave

11330 Ohio AveLos Angeles, CA 90025
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1450 Brockton Ave
Studio Apartments

1450 Brockton Ave

1450 Brockton AveLos Angeles, CA 90025
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2476 Corinth Ave
1 Bedroom Apartments

2476 Corinth Ave

2476 Corinth AveLos Angeles, CA 90064
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40 Brooks Ave
Studio Apartments

40 Brooks Ave

40 Brooks AveVenice, CA 90291
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Sepulveda-3747
Studio Apartments

Sepulveda-3747

3747 S Sepulveda BlvdLos Angeles, CA 90034
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1835 Purdue Ave
1 Bedroom Apartments

1835 Purdue Ave

1835 Purdue AveLos Angeles, CA 90025
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Amherst Apartments
Studio Apartments

Amherst Apartments

1512 Amherst AveLos Angeles, CA 90025
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1527 Stoner Avenue
1 to 2 Bedroom Apartments

1527 Stoner Avenue

1525-1527 Stoner AveLos Angeles, CA 90025
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1724 Colby Ave
1 Bedroom Apartments

1724 Colby Ave

1724 Colby AveLos Angeles, CA 90025

Santa Monica, CA Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Santa Monica, CA

Pricing Updated: 02/26/2025

Current apartment rentals in the Santa Monica, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Santa Monica Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wilshire Montana$5,995$1,7951685

Cheapest Available Santa Monica Apartments for Rent

 

The cheapest available apartment rental in Santa Monica, CA is a 1 Bed unit found at Matteson in the Venice Beach neighborhood priced from $1,198. 1101 Ocean Front Walk in the Venice Beach neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here is today’s list of the most affordable Santa Monica apartments for rent:

Apartment ListingModel NameBed/BathPriced From
MattesonPrivate Bedroom in Shared 5 Bed 3 Bath-A1BR,1BA$1,198
1101 Ocean Front WalkStudio/BachelorStudio,1BA$1,400
1705 Purdue Ave in West LA0BR/1.0BAStudio,1BA$1,495
Beloit Avenue ApartmentsStudioStudio,1BA$1,650
1641 Westgate Avenue,0x1Studio,1BA$1,650
11645 Chenault St & 11625 Montana Ave.singleStudio,1BA$1,695
AcaciaFurnished Studio SuiteStudio,1BA$1,695
Midvale Ashton PlazaStudio OfficeStudio,1BA$1,695

Best Value Apartments for Rent in Santa Monica, CA

As of February 26, 2025 the best value apartment in the Santa Monica area is the $2.00 price per square foot 1315 S Bundy Dr Model at 1315 S Bundy Dr, Unit 2 in the in the Brentwood neighborhood starting from $3,200. The second greatest value Santa Monica apartment is the 1845 Beloit Ave Model at 1845 Beloit Ave, Unit 303 starting at $3,600 with a $2.40 price per square foot in the Sawtelle neighborhood. Here is today’s list of the best values for Santa Monica apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1315 S Bundy Dr, Unit 21315 S Bundy Dr2BR,2BA$2.00
1845 Beloit Ave, Unit 3031845 Beloit Ave2BR,2BA$2.40
2518 Kansas Ave, Unit 42518 Kansas Ave2BR,1.5BA$2.00
barrington16162BR/2.0BA2BR,2BA$2.44
1539 Beloit AveUnit 1054BR,3BA$0.98
Lido Apartments - 2810 S Sepulveda2 Bed + 2 Bath2BR,2BA$2.45
11260 Westminster Ave2 bed 2 bath2BR,2BA$2.18
1450 S Barrington AveUnit 1033BR,2BA$1.54
Porter Mar Vista - Co-Living3 Bedroom South3BR,3BA$2.04
Rose Kelton ApartmentsUnit 51BR,1.5BA$2.44

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Santa Monica Overview

If you want to live in a city that has it all, look no further than Santa Monica, California. This beachside town is nestled in a spot between an excellent coastline and the city of Los Angeles. Apartments in Santa Monica offer residents a fantastic lifestyle.

Why live in Santa Monica, CA?

Santa Monica is one of the cities that could be truly called paradise. Access to excellent beaches, a walkable local layout, proximity to all sorts of geological and geographical landmarks, and a laid-back, modern atmosphere make it a truly unforgettable place.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Santa Monica, CA Rentals by Map

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Getting Around Santa Monica, CA

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

90 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

65 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Santa Monica Apartments

What is the Cheapest Studio apartment in Santa Monica?

Currently the most affordable Cheap Studio Apartment in Santa Monica is at 1101 Ocean Front Walk listed at $1,400.

How much is rent for a Cheap One Bedroom Santa Monica Apartment?

The lowest price for a Cheap One Bedroom Santa Monica Apartment is $1,198 at Matteson.

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

Today's best deal for a Cheap Two Bedroom Apartment in Santa Monica is starting from $2,050 at 2015 17th St.

What is the most affordable Santa Monica Three Bedroom Apartment?

The best deal on a cheap Santa Monica Three Bedroom Apartment rental is at Midvale Court and starts from $3,095.

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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The 10 Best Affordable Neighborhoods in Los Angeles, CA

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