Cheap Apartments for Rent in the Downtown Santa Monica Neighborhood of Santa Monica, CA from $500 (12 Rentals)

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Explore the Best Cheap Apartments in Downtown Santa Monica area of Santa Monica for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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Belmar Apartments
from $596Studio to 3 Bedroom Apartments

Belmar Apartments

1725 Ocean AveSanta Monica, CA 90401
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Lincoln SM
from $1,798Studio to 1 Bedroom Apartments

Lincoln SM

829-829 Broadway StSanta Monica, CA 90401
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1218 6th St
from $1,900Studio Apartments

1218 6th St

1218 6th StSanta Monica, CA 90401
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1015 2nd Street
Rent Specials
from $1,998Studio to 2 Bedroom Apartments Available Now

1015 2nd Street

1015 2nd StSanta Monica, CA 90403
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12TH ST., 1528
from $2,1451 Bedroom Apartments Available Now

12TH ST., 1528

1528 12th StSanta Monica, CA 90401
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202 Bicknell Ave
from $2,1901 Bedroom Apartments

202 Bicknell Ave

202 Bicknell AveSanta Monica, CA 90405
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1843 7th St
from $2,2501 Bedroom Apartments

1843 7th St

1843 7th StSanta Monica, CA 90401
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1661 Appian Way
from $2,250Studio Apartments

1661 Appian Way

1661 Appian WaySanta Monica, CA 90401
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4TH2015
from $2,3501 Bedroom Apartments

4TH2015

2015-2019 4th StSanta Monica, CA 90405
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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 123 California Ave priced from $1,998. 1015 2nd Street has the second lowest priced unit, which is a Studio apartment currently listed from $1,998. Here are the most affordable Downtown Santa Monica apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
123 California Ave0BR/1.0BAStudio,1BA$1,998
1015 2nd Street0BR/1.0BAStudio,1BA$1,998
12TH ST., 15281BR/1.0BA1BR,1BA$2,145
325 Bay St.1Bd/1Ba1BR,1BA$2,200
1537 on 7thStudioStudio,1BA$2,427

Best Value Apartments for Rent in Downtown Santa Monica, CA

As of January 04, 2025 the best value apartment in the Downtown Santa Monica area is the $3.40 price per square foot 2X2 Renovated Model at Casa Grande Apartments in the in the Pico neighborhood starting from $3,395. The second greatest value Downtown Santa Monica apartment is the 1743 10th St Model at 1743 10th St, Unit D starting at $3,300 with a $3.47 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Casa Grande Apartments2X2 Renovated2BR,2BA$3.40
1743 10th St, Unit D1743 10th St2BR,2BA$3.47
525 | SMB1 bed 1 bath1BR,1BA$4.02
Pacific Apartments2 bed / 1 bath2BR,1BA$3.10
512 Bay St, Unit 3512 Bay St2BR,1BA$4.06
Santa Monica Mariner Village1 Bed 1 Bath1BR,1BA$3.98
12TH ST., 15281BR/1.0BA1BR,1BA$3.33
123 California Ave1BR/1.0BA1BR,1BA$3.68
201 Pacific St, Unit C201 Pacific St1BR,1BA$4.08
325 Bay St.1Bd/1Ba1BR,1BA$3.70

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

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 123 California Ave listed at $1,998.

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 $2,145 at 12TH ST., 1528.

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 $2,635 at Pacific Apartments.

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 and starts from $4,852.

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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