Cheap Homes for Rent in Downtown Santa Monica Neighborhood of Santa Monica, CA from $2,200 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Santa Monica area of Santa Monica.

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

Downtown Santa Monica, Santa Monica, CA Local Guide

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 Bay on 6th priced from $2,099. 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 ListingModel NameBed/BathPriced From
Bay on 6thStudioStudio,1BA$2,099
Criterion PromenadeStudio AStudio,1BA$2,195
1537 on 7thStudioStudio,1BA$2,427

Best Value Apartments for Rent in Downtown Santa Monica, CA

As of March 27, 2025 the best value apartment in the Downtown Santa Monica area is the $3.47 price per square foot 4BR/3.5BA Model at 1753 9th St in the in the Pico neighborhood starting from $5,553. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1753 9th St4BR/3.5BA4BR,3.5BA$3.47
Casa Grande Apartments2X2 Renovated2BR,2BA$3.40
1754 9th St, Unit D1754 9th St2BR,2BA$4.11
525 | SMB1 bed 1 bath1BR,1BA$4.02
Pacific Apartments2 bed / 1 bath2BR,1BA$3.99
Santa Monica Mariner Village1 Bed 1 Bath1BR,1BA$3.98
1015 2nd Street2BR/2.0BA2BR,2BA$4.14
2322 5th St1Bed/1Bath1BR,1BA$3.98
300 California Ave, North of Wilshire1BR/1.0BA1BR,1BA$4.16
303 California Ave, 3 blocks to the beach1BR/1.0BA1BR,1BA$4.33

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Frequently Asked Questions about Downtown Santa Monica

What type of rentals are currently available in Downtown Santa Monica?

There are currently 296 Apartments for Rent in Downtown Santa Monica, CA with pricing that ranges from $570 to $12,760. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Santa Monica ranging from $2,295 to $40,000.

What is the current price range for Rental Homes in Downtown Santa Monica?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Santa Monica ranges from $2,295 to $40,000 with an average monthly rent of $15,058.

How much are larger Three and Four Bedroom Rentals in Downtown Santa Monica?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Santa Monica range from $5,999 to $6,498, while Three Bedroom Homes, Condos, and Townhomes for rent range from $5,995 to $22,000. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $5,553.

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.