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That's SB. It's pricey. Sorry, no recommendations for staying there. McConnells ice cream started there. There's also a little wine tasting walking area just south of main street. Have fun!
the Inn at East Beach
You could always stay in Carpenteria which is close by.
Pro
Los Alamos and Solvang are nearby and a little more affordable. SB is pretty expensive and may be hard to find what you’re looking for
I’ve been a handful of times this year and the Hilton garden inn in Goleta is fine
If you’re driving or renting a car, the inns on upper State St. are more affordable yet still close enough to downtown to drive back and forth. Otherwise ubering everywhere will add up. Check out the Agave Inn for an affordable option on upper State. In the downtown area, Canary Hotel sometimes has good discounted rates on Hotel Tonight $300/nt. Avoid any hotels closer to the train tracks downtown. Goleta or Carpinteria will be ~15-20 min drive to downtown Santa Barbara. And Solvang and Los Alamos are entirely different areas ~45 min to ~1 hr drive away—it’s Santa Barbara wine country. It’s beautiful but definitely a different experience compared to a SB beach stay
I have found good deals at Hotel Tonight and hotels.com
Leta Inn was a good stay but not walkable to downtown but near the Goleta, North SB beaches and they have bikes.
Hotel Milo is across from the beach and really walkable to a lot including the funk zone and downtown. Usually has reasonable rates. It’s an older property and the walks are a bit thin.
There are a lot more options on the sites noted that are reasonable.
Great weekend getaway.