Monthly Rent Report
Santa Monica Rent Report — June 2021
Asking rents in ZIP 90402, Los Angeles, from 23 listings.
Median 1BR rent in Santa Monica was $3,445 in June 2021, down 31.0% (−$1,550) from May 2021 and down 13.8% year-over-year. The middle half of 1BR listings asked between $3,273 and $3,618. That puts Santa Monica $1,550 above the Los Angeles citywide 1BR median of $1,895. The month's figures are based on 23 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2021 | Vs. June 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,800 | $0 (0.0%) | $0 (0.0%) | $3,800 – $3,800 | 1 |
| Studio | $3,800 | $0 (0.0%) | $0 (0.0%) | $3,800 – $3,800 | 1 |
| 1BR | $3,445 | −$1,550 (-31.0%) | −$550 (-13.8%) | $3,273 – $3,618 | 2 |
| 1BR | $3,790 | −$1,205 (-24.1%) | −$205 (-5.1%) | $3,100 – $3,856 | 7 |
| 2BR | $5,600 | +$200 (+3.7%) | −$150 (-2.6%) | $4,750 – $5,775 | 7 |
| 2BR | $4,395 | −$1,005 (-18.6%) | −$1,355 (-23.6%) | $4,395 – $4,395 | 1 |
| 3BR | $11,995 | −$5 (-0.0%) | −$1,905 (-13.7%) | $11,995 – $11,995 | 1 |
| 3BR | $8,248 | −$3,752 (-31.3%) | −$5,652 (-40.7%) | $6,374 – $10,121 | 2 |
| 4BR | $9,000 | — | — | $9,000 – $9,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — June 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,800 | $1,495 | +$2,305 (+154.2%) |
| Studio | $3,800 | $1,495 | +$2,305 (+154.2%) |
| 1BR | $3,445 | $1,895 | +$1,550 (+81.8%) |
| 1BR | $3,790 | $1,895 | +$1,895 (+100.0%) |
| 2BR | $5,600 | $2,400 | +$3,200 (+133.3%) |
| 2BR | $4,395 | $2,400 | +$1,995 (+83.1%) |
| 3BR | $11,995 | $3,300 | +$8,695 (+263.5%) |
| 3BR | $8,248 | $3,300 | +$4,948 (+149.9%) |
| 4BR | $9,000 | $3,795 | +$5,205 (+137.2%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in June 2021.