Monthly Rent Report
Santa Monica Rent Report — October 2024
Asking rents in ZIP 90401, Los Angeles, from 146 listings.
Median 1BR rent in Santa Monica was $2,695 in October 2024, down 3.6% (−$100) from September 2024 and up 1.9% year-over-year. The middle half of 1BR listings asked between $2,695 and $2,695. That puts Santa Monica $684 above the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 146 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,140 | +$171 (+8.7%) | −$1,498 (-41.2%) | $1,946 – $2,282 | 4 |
| Studio | $2,427 | +$458 (+23.3%) | −$1,210 (-33.3%) | $2,427 – $2,427 | 19 |
| 1BR | $2,695 | −$100 (-3.6%) | +$50 (+1.9%) | $2,695 – $2,695 | 1 |
| 1BR | $2,774 | −$21 (-0.8%) | +$129 (+4.9%) | $2,250 – $6,643 | 77 |
| 2BR | $3,294 | −$201 (-5.8%) | −$201 (-5.8%) | $2,695 – $4,595 | 30 |
| 2BR | $3,495 | $0 (0.0%) | $0 (0.0%) | $3,495 – $3,495 | 1 |
| 3BR | $17,500 | +$8,504 (+94.5%) | +$7,050 (+67.5%) | $17,500 – $17,500 | 1 |
| 3BR | $10,631 | +$1,635 (+18.2%) | +$181 (+1.7%) | $3,762 – $17,500 | 10 |
| 4BR | $19,000 | $0 (0.0%) | +$7,505 (+65.3%) | $18,250 – $19,250 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — October 2024
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,140 | $1,700 | +$440 (+25.9%) |
| Studio | $2,427 | $1,700 | +$727 (+42.8%) |
| 1BR | $2,695 | $2,011 | +$684 (+34.0%) |
| 1BR | $2,774 | $2,011 | +$763 (+37.9%) |
| 2BR | $3,294 | $2,727 | +$567 (+20.8%) |
| 2BR | $3,495 | $2,727 | +$768 (+28.2%) |
| 3BR | $17,500 | $3,816 | +$13,684 (+358.6%) |
| 3BR | $10,631 | $3,816 | +$6,815 (+178.6%) |
| 4BR | $19,000 | $5,225 | +$13,775 (+263.6%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.