Monthly Rent Report
Santa Monica Rent Report — September 2024
Asking rents in ZIP 90401, Los Angeles, from 55 listings.
Median 1BR rent in Santa Monica was $2,795 in September 2024, up 0.8% (+$23) from August 2024 and up 12.0% year-over-year. The middle half of 1BR listings asked between $2,795 and $2,795. That puts Santa Monica $797 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 55 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,969 | −$81 (-4.0%) | −$730 (-27.0%) | $1,969 – $1,969 | 1 |
| 1BR | $2,795 | +$23 (+0.8%) | +$300 (+12.0%) | $2,795 – $2,795 | 1 |
| 1BR | $2,095 | −$677 (-24.4%) | −$400 (-16.0%) | $2,095 – $2,095 | 2 |
| 2BR | $2,618 | −$307 (-10.5%) | −$1,482 (-36.2%) | $2,541 – $2,694 | 2 |
| 2BR | $3,495 | +$570 (+19.5%) | −$605 (-14.8%) | $3,495 – $3,495 | 1 |
| 3BR | $8,996 | +$1,501 (+20.0%) | −$8,004 (-47.1%) | $5,590 – $13,574 | 45 |
| 4BR | $19,000 | $0 (0.0%) | +$7,505 (+65.3%) | $19,000 – $19,250 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — September 2024
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,969 | $1,755 | +$214 (+12.2%) |
| 1BR | $2,795 | $1,999 | +$797 (+39.9%) |
| 1BR | $2,095 | $1,999 | +$97 (+4.8%) |
| 2BR | $2,618 | $2,795 | −$177 (-6.4%) |
| 2BR | $3,495 | $2,795 | +$700 (+25.0%) |
| 3BR | $8,996 | $3,850 | +$5,146 (+133.7%) |
| 4BR | $19,000 | $4,995 | +$14,005 (+280.4%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.