Monthly Rent Report
Santa Monica Rent Report — May 2021
Asking rents in ZIP 90402, Los Angeles, from 34 listings.
Median 1BR rent in Santa Monica was $4,995 in May 2021, up 42.6% (+$1,492) from April 2021. The middle half of 1BR listings asked between $4,995 and $4,995. That puts Santa Monica $3,197 above the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 34 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,800 | +$2,300 (+153.3%) | — | $3,600 – $3,825 | 4 |
| Studio | $3,800 | +$2,300 (+153.3%) | — | $3,600 – $3,825 | 4 |
| 1BR | $4,995 | +$1,492 (+42.6%) | — | $4,995 – $4,995 | 1 |
| 1BR | $3,772 | +$269 (+7.7%) | — | $3,100 – $3,790 | 7 |
| 2BR | $5,400 | −$550 (-9.2%) | — | $3,770 – $9,375 | 14 |
| 2BR | $4,975 | −$975 (-16.4%) | — | $4,975 – $4,975 | 2 |
| 3BR | $12,000 | +$5,500 (+84.6%) | — | $12,000 – $12,000 | 1 |
| 3BR | $7,500 | +$1,000 (+15.4%) | — | $7,500 – $7,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — May 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,800 | $1,521 | +$2,279 (+149.9%) |
| Studio | $3,800 | $1,521 | +$2,279 (+149.9%) |
| 1BR | $4,995 | $1,798 | +$3,197 (+177.8%) |
| 1BR | $3,772 | $1,798 | +$1,974 (+109.8%) |
| 2BR | $5,400 | $2,450 | +$2,950 (+120.4%) |
| 2BR | $4,975 | $2,450 | +$2,525 (+103.1%) |
| 3BR | $12,000 | $3,295 | +$8,705 (+264.2%) |
| 3BR | $7,500 | $3,295 | +$4,205 (+127.6%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.