Monthly Rent Report
Santa Monica Rent Report — November 2024
Asking rents in ZIP 90401, Los Angeles, from 58 listings.
Median 1BR rent in Santa Monica was $2,450 in November 2024, down 11.7% (−$324) from October 2024 and up 2.3% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,750. That puts Santa Monica $378 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 58 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,438 | +$298 (+13.9%) | −$262 (-9.7%) | $2,395 – $2,982 | 6 |
| Studio | $2,480 | +$341 (+15.9%) | −$220 (-8.1%) | $2,395 – $3,149 | 5 |
| 1BR | $2,450 | −$324 (-11.7%) | +$55 (+2.3%) | $1,850 – $2,750 | 35 |
| 1BR | $2,695 | −$79 (-2.8%) | +$300 (+12.5%) | $2,545 – $2,745 | 3 |
| 2BR | $2,770 | −$725 (-20.7%) | −$430 (-13.4%) | $2,618 – $3,210 | 3 |
| 2BR | $3,595 | +$100 (+2.9%) | +$395 (+12.3%) | $3,595 – $3,595 | 1 |
| 3BR | $9,000 | −$8,500 (-48.6%) | +$2,626 (+41.2%) | $9,000 – $9,000 | 1 |
| 3BR | $9,000 | −$8,500 (-48.6%) | +$2,626 (+41.2%) | $9,000 – $9,000 | 2 |
| 4BR | $18,250 | −$750 (-3.9%) | +$11,000 (+151.7%) | $17,875 – $18,625 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — November 2024
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,438 | $1,750 | +$688 (+39.3%) |
| Studio | $2,480 | $1,750 | +$730 (+41.7%) |
| 1BR | $2,450 | $2,073 | +$378 (+18.2%) |
| 1BR | $2,695 | $2,073 | +$623 (+30.0%) |
| 2BR | $2,770 | $2,850 | −$80 (-2.8%) |
| 2BR | $3,595 | $2,850 | +$745 (+26.1%) |
| 3BR | $9,000 | $3,895 | +$5,105 (+131.1%) |
| 3BR | $9,000 | $3,895 | +$5,105 (+131.1%) |
| 4BR | $18,250 | $5,220 | +$13,031 (+249.7%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.