Cheap and Affordable Apartments for Rent in Downtown/Third Street Promenade, Santa Monica, CA

There are 510 cheaper apartment units available for rent.

Cheap is a relative term to communicate more "affordable" rental and living expenses. Although a property might be found within the "Cheap and Affordable Apartments" search, does not mean it is a low-quality rental. These more affordable apartments are also relative to the other apartment inventory within Downtown/Third Street Promenade. Some areas will be cheaper than others and based on demand, rent will fluctuate.

When searching on HotPads for more affordable apartments, use the "Sort:" feature to sort apartments by Lowest Price for Downtown/Third Street Promenade. Additionally, set a max price for your search and select "Save search" to be notified in real-time when "cheaper" apartments come on the market.

Although a larger multi-tenant building is less likely to negotiate rental terms there are a few things that don't hurt to try, including:

• Offer to sign a longer lease for lowered monthly rent
• Negotiate landscaping or property maintenance for lowered monthly rent
• Ask about becoming an onsite property manager
• Educate yourself regarding the apartment rental market and market rates in Downtown/Third Street Promenade. Knowing this will help you accurately negotiate fair rent.