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Montecito, CA Condos for Rent

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    $12,000 Per Month

    • 2 Beds
    • 2.5 Baths
    • 2,123 Sq Ft
    • Condo for Rent

    71 Olive Mill Rd, Santa Barbara, CA 93108

    Montecito townhouse with light from three sides in exceptionally well-maintained complex. This stylish home is owned by an art dealer who occasionally offers it for rent while she is in London. Upstairs: Master Bedroom with fireplace, walk-in closet, and juliet balcony; Guest bedroom and 2nd bath; and Library/Office. Laundry room upstairs. Abundant closet space throughout. Downstairs: Generous

    Jon-Ryan Schlobohm Compass

    71 Olive Mill Rd, Santa Barbara, CA 93108
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    $2,100

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 350 Sq Ft
    • Condo for Rent

    640 Tabor Ln Unit Studio, Montecito, CA 93108

    Lovely Studio--Montecito, Move-In ReadyLocation: near Sheffield Dr. and East Valley Rd.$2,100/ month, includes all utilities and internet $2,100, security deposit required.Rent period: month-to-monthOccupancy limit: 1 personPARKING: 1 assigned, off street parking space on propertyOnsite ManagementIdeal for a single working professional or as an occasional

    640 Tabor Ln Unit Studio, Montecito, CA 93108
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    $10,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,278 Sq Ft
    • Condo for Rent

    1046 Fairway Rd, Santa Barbara, CA 93108

    Available 10/17/26, furnished, long-term. Experience coastal luxury at its finest in this beautifully renovated penthouse at El Montecito Verde. Offering 2 beds and 2 full baths one block to exclusive Butterfly Beach, this premier residence boasts breathtaking mountain views from nearly every room. High ceilings, abundant natural light, and the rare advantage of no shared walls create a peaceful

    Mary Whitney Berkshire Hathaway HomeServices California Properties

    1046 Fairway Rd, Santa Barbara, CA 93108
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    $6,500 Per Month

    • 1 Bed
    • 2 Baths
    • 864 Sq Ft
    • Condo for Rent

    1311 Plaza Pacifica, Montecito, CA 93108

    Relax at the Montecito beach. An A+ lower level Bonnymede unit w/short steps to sea and sand. Beautiful and recently remodeled with a contemporary beachy feel. 1 bedroom/2 full baths, washer/dryer in unit, and large patio with ocean views. Available now for winter, spring, and summer rental. 30 DAY MINIMUM RENTAL. No smoking, no pets.Monthly Rental Rate: September - June: $6,000/mo.June -

    Christine Oliver Sotheby's International Realty

    1311 Plaza Pacifica, Montecito, CA 93108
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    $10,000 Per Month

    • 2 Beds
    • 2 Baths
    • 1,726 Sq Ft
    • Condo for Rent

    548 San Ysidro Rd Unit 1, Santa Barbara, CA 93108

    FURNISHED - Available May 2026 -- 2 bd/2 bath townhome within a private oasis in the heart of the Upper Village. The kitchen has been updated in recent years with stainless steel appliances, and the living space features open and spacious walls of glass overlooking a serene, Zen-like garden filled with graceful oaks and lush greenery. Ground-floor primary suite with king bed and updated bathroom;

    Crysta Metzger Sotheby's International Realty

    548 San Ysidro Rd Unit 1, Santa Barbara, CA 93108
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    $15,900 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,686 Sq Ft
    • Condo for Rent

    1337 Plaza Pacifica, Santa Barbara, CA 93108

    Available now, furnished, yearly with luxurious service package including high speed internet, Sonos sound system, monthly cleaning service (excluding dishes), monthly exterior window cleaning, quarterly interior window cleaning, water/trash, soft water and R/O drinking water system. This beautifully remodeled oceanfront Miramar Cottage in the exclusive Bonnymede community offers 2 bedrooms, 2.5

    Mary Whitney Berkshire Hathaway HomeServices California Properties

    1337 Plaza Pacifica, Santa Barbara, CA 93108

Frequently Asked Questions

How much does it cost to rent a condo in Montecito, CA?
The median rent for a condo in Montecito, CA is $3,700 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Montecito, CA?
To comfortably afford the median rent in Montecito, CA, a household needs to earn roughly $1,260,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $31,500 per month in Montecito, CA, renters typically need to show $94,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Montecito, CA?
In Montecito, CA, the price-to-rent ratio is 15.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Montecito, CA are best for renting a condo?
The best neighborhood for renting in Montecito, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include East Beach, Toro Canyon, Laguna, Santa Monica-El Carro and Old Town Carpinteria, each with its own character and price range.

Condo Rental Trends in Montecito, CA

Rental Home Trends

Number of Condos for Rent
6
Median Condo Rent
$3,700
Median 1 Bedroom Condo Rent
$3,700
How to Rent a Home