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modified
Updated 3 Days Ago

Highlights

  • Separate dining room
  • Large living room
  • 1 car off street parking
  • Updated bath
  • Laundry room on site

Location

130 W Valerio St, Santa Barbara, CA 93101, USA|Oak Park
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Management

SPECTRUM Realty

Leasing office

(805) 245-8763

Property Overview

423 is rated highly for overall value, with strong marks for price, amenities, location, and trustworthiness. It offers a separate dining room, large living room, updated bath, on-site laundry, and 1-car off-street parking, along with value-for-money and value-per-square-foot rankings in the top percentile.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, 423 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 423 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • More space

Floor plans

2BR/1.0BA2 bed1 bath760 sqft$3,400 /mo1 unit availableCharming, bright and spacious unit in quiet and conveniently located 4 unit apartment complex. This upstairs unit has bright wood beamed ceilings, light and spacious. The kitchen has a gas range and lots of counter & cabinet space, there is a separate dining room and large living room, 2 bedrooms and updated bath. 1 car off street parking with storage cabinet and laundry room on site all in a great location just a couple blocks off State Street. Owner will consider 1 pet with references. One year lease required. $3400 Month + Security Deposit. No Smoking complex. Contact agent for info or an appointment to view. Please contact agent Janine Michaud DRE #00972087) 805-245-8763 Spectrum Realty (DRE #01382575) We Are An Equal Opportunity Housing Provider

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units4
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About 423

HomeApartments in Santa BarbaraOak Park 423

Charming, bright and spacious unit in quiet and conveniently located 4 unit apartment complex. This upstairs unit has bright wood beamed ceilings, light and spacious. The kitchen has a gas range and lots of counter & cabinet space, there is a separate dining room and large living room, 2 bedrooms and updated bath. 1 car off street parking with storage cabinet and laundry room on site all in a great location just a couple blocks off State Street. Owner will consider 1 pet with references. One year lease required. $3400 Month + Security Deposit. No Smoking complex. Contact agent for info or an appointment to view. Please contact agent Janine Michaud DRE #00972087) 805-245-8763 Spectrum Realty (DRE #01382575) We Are An Equal Opportunity Housing Provider


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, 423 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 423 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 423
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
423 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 423 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
423 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 423 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
423 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 423 compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
The 2-bedroom is 760 sqft larger than other listings nearby

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Rent trends in Oak Park

2-bedroom apartments at 423 cost about 13% less than the average rent price for 2-bedroom apartments in Oak Park.

Median rents as of Aug 29 2026.
Oak Park
Santa Barbara
A table of studio rental data trends in Santa Barbara
MonthMedian Rent
September 2024$2,187
October 2024$2,275
November 2024$2,215
December 2024$2,106
January 2025$2,999
February 2025$2,362
March 2025$2,295
April 2025$2,337
May 2025$2,370
June 2025$2,512
July 2025$2,437
August 2025$2,400
September 2025$2,397
October 2025$2,453
November 2025$2,485
December 2025$2,243
January 2026$2,460
February 2026$2,500
March 2026$2,480
April 2026$2,412
May 2026$2,498
June 2026$2,525
July 2026$2,467
August 2026$2,460
A table of studio rental data trends in Oak Park
MonthMedian Rent
November 2024$2,050
February 2025$2,216
March 2025$2,268
June 2025$2,350
July 2025$2,350
August 2025$2,350
September 2025$2,350
November 2025$2,425
December 2025$2,200
January 2026$2,482
February 2026$2,500
March 2026$2,500
June 2026$2,495
July 2026$2,495

Affordability calculator

Can I afford to live at 130 W Valerio St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$136,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $136,000 annually to afford this 2-bedrooms monthly rent price of $3,400.
For more information on rent affordability, visit our rent calculator.

Schools near 423

Santa Barbara Community Academy

850 portesuello ave

santa barbara, CA, 93101

K-6Public
B-

CommUnify - Los Ninos Head Start

130 e cota st

santa barbara, CA, 93101

PKPublic

Cold Spring Elementary School

2243 sycamore canyon rd

santa barbara, CA, 93108

K-6Public
A

Santa Barbara County Special Education

4400 cathedral oaks rd

santa barbara, CA, 93110

K-12Public

Montecito Union

385 san ysidro rd

santa barbara, CA, 93108

K-6Public
A+
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Neighborhood

Oak Park | Santa Barbara, CA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Santa Barbara near 130 W Valerio St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 130 W Valerio St, Santa Barbara

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Nightlife

4/10
Some bars within a few minutes’ walk

Explore the area around 130 W Valerio St

Cantwells Market & Deli
1533 State St
Santa Barbara Public Market
38 W Victoria St
Presidio Market
1236 Santa Barbara St
Corner Market Too
1700 San Andres St
Foodland Market Inc
1501 San Andres St

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