Cheap Apartments for Rent in Santa Monica, CA from $500 with Washer/Dryer (7 Rentals)

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

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Lincoln SM
Studio to 1 Bedroom Apartments

Lincoln SM

829-829 Broadway StSanta Monica, CA 90401

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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1215 Granville Ave
Studio Apartments

1215 Granville Ave

1215 Granville AveLos Angeles, CA 90025
  • Utilities Included
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1640 Bentley Ave.
1 Bedroom Apartments

1640 Bentley Ave.

1640 Bentley AveLos Angeles, CA 90025
  • Utilities Included
  • Smoke Free

Santa Monica, CA Local Guide

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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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 a cheap apartment in Santa Monica?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Santa Monica is under $1,595.

What is the price of a cheap apartment in Santa Monica?

The cheapest apartment in Santa Monica is 10990 Rochester Ave which is listed at $900, while the average apartment in Santa Monica costs $22,000.

What types of apartments are the cheapest in Santa Monica?

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 1 regular apartments in Santa Monica 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 Santa Monica?

Cheap apartments in Santa Monica have an average cost of $239 which is $21,761 cheaper than the average rent for all rentals in Santa Monica.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.