Cheap Apartments for Rent in Santa Monica, CA from $500 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Monica.
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Beloit Receivership
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3571 S Sepulveda Blvd, Unit 15
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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1101 Ocean Front Walk
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11111 Venice Blvd, Unit 8
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1705 Purdue Ave in West LA
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1705 Purdue Ave, Unit 12
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Venice-12915
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Beloit Avenue Apartments
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1641 Westgate Avenue,
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Wellworth Apartments
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11645 Chenault St & 11625 Montana Ave.
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Midvale Ashton Plaza
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1519 Armacost Ave
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Acacia
Santa Monica, CA Local Guide
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How much does it cost to rent an apartment in Santa Monica?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Santa Monica Studio Apartments | $2,733 | $1,350 | $8,071 |
Cheap Santa Monica 1 Bedroom Apartments | $3,330 | $1,175 | $10,000+ |
Cheap Santa Monica 2 Bedroom Apartments | $4,088 | $1,925 | $10,000+ |
Cheap Santa Monica 3 Bedroom Apartments | $5,032 | $1,450 | $10,000+ |
Cheap Santa Monica 4 Bedroom Apartments | $2,256 | $1,280 | $10,000+ |
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Santa Monica, CA Local Guide
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Cheapest Neighborhoods for Apartments in Santa Monica, CA
Pricing Updated: 02/26/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Wilshire Montana | $5,995 | $1,795 | 1685 |
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Matteson | Private Bedroom in Shared 5 Bed 3 Bath-A | 1BR,1BA | $1,198 |
1101 Ocean Front Walk | Studio/Bachelor | Studio,1BA | $1,400 |
1705 Purdue Ave in West LA | 0BR/1.0BA | Studio,1BA | $1,495 |
Beloit Avenue Apartments | Studio | Studio,1BA | $1,650 |
1641 Westgate Avenue, | 0x1 | Studio,1BA | $1,650 |
11645 Chenault St & 11625 Montana Ave. | single | Studio,1BA | $1,695 |
Acacia | Furnished Studio Suite | Studio,1BA | $1,695 |
Midvale Ashton Plaza | Studio Office | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1315 S Bundy Dr, Unit 2 | 1315 S Bundy Dr | 2BR,2BA | $2.00 |
1845 Beloit Ave, Unit 303 | 1845 Beloit Ave | 2BR,2BA | $2.40 |
2518 Kansas Ave, Unit 4 | 2518 Kansas Ave | 2BR,1.5BA | $2.00 |
barrington1616 | 2BR/2.0BA | 2BR,2BA | $2.44 |
1539 Beloit Ave | Unit 105 | 4BR,3BA | $0.98 |
Lido Apartments - 2810 S Sepulveda | 2 Bed + 2 Bath | 2BR,2BA | $2.45 |
11260 Westminster Ave | 2 bed 2 bath | 2BR,2BA | $2.18 |
1450 S Barrington Ave | Unit 103 | 3BR,2BA | $1.54 |
Porter Mar Vista - Co-Living | 3 Bedroom South | 3BR,3BA | $2.04 |
Rose Kelton Apartments | Unit 5 | 1BR,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.
Best Local Schools in Santa Monica, CA
Franklin Elementary
Santa Monica High
Lincoln Middle
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Santa Monica, CA Rentals by Map
See the most popular apartments and homes in Santa Monica, CA
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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
Written by: Rachel Presser
Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.
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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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What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.