Monthly Rent Report
Santa Monica Rent Report — July 2021
Asking rents in ZIP 90402, Los Angeles, from 8 listings.
Median 1BR rent in Santa Monica was $2,745 in July 2021, down 20.3% (−$700) from June 2021 and down 40.3% year-over-year. The middle half of 1BR listings asked between $2,745 and $2,745. That puts Santa Monica $900 above the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 8 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,745 | −$700 (-20.3%) | −$1,855 (-40.3%) | $2,745 – $2,745 | 1 |
| 1BR | $2,900 | −$545 (-15.8%) | −$1,700 (-37.0%) | $2,900 – $2,900 | 1 |
| 2BR | $4,600 | −$1,000 (-17.9%) | −$1,500 (-24.6%) | $4,600 – $4,600 | 1 |
| 2BR | $6,000 | +$400 (+7.1%) | −$100 (-1.6%) | $6,000 – $6,000 | 1 |
| 3BR | $6,995 | −$5,000 (-41.7%) | — | $6,995 – $6,995 | 2 |
| 3BR | $6,995 | −$5,000 (-41.7%) | — | $6,995 – $6,995 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — July 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,745 | $1,845 | +$900 (+48.8%) |
| 1BR | $2,900 | $1,845 | +$1,055 (+57.2%) |
| 2BR | $4,600 | $2,529 | +$2,072 (+81.9%) |
| 2BR | $6,000 | $2,529 | +$3,472 (+137.3%) |
| 3BR | $6,995 | $3,338 | +$3,658 (+109.6%) |
| 3BR | $6,995 | $3,338 | +$3,658 (+109.6%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.