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Silvercrest Senior Residence
1530 5th StSanta Monica, CA 90401
Cheap Apartments for Rent in the Downtown Santa Monica Neighborhood of Santa Monica, CA from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Santa Monica area of Santa Monica.
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from $2,195Studio to 1 Bedroom Apartments Available Now
Criterion Promenade
302 Arizona AveSanta Monica, CA 90401
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Showing Results 1-15, Page 1 of 1
Downtown Santa Monica, Santa Monica, CA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown Santa Monica?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Santa Monica Studio Apartments | $3,307 | $2,195 | $4,517 |
| Downtown Santa Monica 1 Bedroom Apartments | $4,089 | $2,100 | $10,000+ |
| Downtown Santa Monica 2 Bedroom Apartments | $5,445 | $3,295 | $9,603 |
| Downtown Santa Monica 3 Bedroom Apartments | $6,661 | $5,999 | $8,099 |
| Downtown Santa Monica 4 Bedroom Apartments | $5,995 | $5,995 | $5,995 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Downtown Santa Monica Neighborhood of Santa Monica, CA.
See all Apartments in Santa MonicaExplore Santa Monica
Downtown Santa Monica, Santa Monica, CA Local Guide
- Nearby Santa Monica neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Santa Monica Apartments for Rent
The cheapest available apartment rental in the Downtown Santa Monica area of Los Angeles, CA is a Studio unit found at 1015 2nd Street priced from $1,798. Criterion Promenade has the second lowest priced unit, which is a Studio apartment currently listed from $2,195. Here are the most affordable Downtown Santa Monica apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1015 2nd Street | 0BR/1.0BA | Studio,1BA | $1,798 |
| Criterion Promenade | Studio A | Studio,1BA | $2,195 |
| 325 Bay St. | 1Bd/1Ba | 1BR,1BA | $2,200 |
| Bay on 6th | Studio | Studio,1BA | $2,249 |
| 123 California Ave | 0BR/1.0BA | Studio,1BA | $2,298 |
Best Value Apartments for Rent in Downtown Santa Monica, CA
As of March 12, 2025 the best value apartment in the Downtown Santa Monica area is the $4.18 price per square foot Plan G Model at Mayfair Residences at Santa Monica Beach in the in the Wilshire neighborhood starting from $4,595. The second greatest value Downtown Santa Monica apartment is the 2X2 Renovated Model at Casa Grande Apartments starting at $3,395 with a $3.40 price per square foot in the Pico neighborhood. Here is today’s list of the best values for Downtown Santa Monica apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mayfair Residences at Santa Monica Beach | Plan G | 2BR,2BA | $4.18 |
| Casa Grande Apartments | 2X2 Renovated | 2BR,2BA | $3.40 |
| 1846 9th St | Unit 3 | 2BR,1.5BA | $3.96 |
| 525 | SMB | 1 bed 1 bath | 1BR,1BA | $4.02 |
| Avalon Santa Monica on Main | A11-847-927 | 1BR,1.5BA | $4.20 |
| Santa Monica Mariner Village | 1 Bed 1 Bath | 1BR,1BA | $3.98 |
| 1015 2nd Street | 2BR/2.0BA | 2BR,2BA | $3.88 |
| 2322 5th St | 1Bed/1Bath | 1BR,1BA | $3.83 |
| 123 California Ave | 0BR/1.0BA | Studio ,1BA | $3.86 |
| 325 Bay St. | 1Bd/1Ba | 1BR,1BA | $3.81 |
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Pet Friendly LifestyleDowntown Santa Monica, Santa Monica, CA
Ranked #3
Among neighborhoods in Santa Monica, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Downtown Santa Monica Neighborhood in Santa Monica, CA
Walk Score®
94 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
77 / 100
Excellent Transit
Transit is convenient for most trips
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 Downtown Santa Monica Apartments
What is the Cheapest Studio apartment in Downtown Santa Monica?
Currently the most affordable Cheap Studio Apartment in Downtown Santa Monica is at 1015 2nd Street listed at $1,798.
How much is rent for a Cheap One Bedroom Downtown Santa Monica Apartment?
The lowest price for a Cheap One Bedroom Downtown Santa Monica Apartment is $2,200 at 325 Bay St..
What is the lowest price for a Cheap Two Bedroom Downtown Santa Monica Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Santa Monica is starting from $2,998 at 1015 2nd Street.
What is the most affordable Downtown Santa Monica Three Bedroom Apartment?
The best deal on a cheap Downtown Santa Monica Three Bedroom Apartment rental is at Catherine Santa Monica and starts from $5,999.
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.
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.
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.
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.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.