Monthly Rent Report
Santa Monica Rent Report — September 2021
Asking rents in ZIP 90402, Los Angeles, from 29 listings.
Median 1BR rent in Santa Monica was $4,015 in September 2021, up 9.2% (+$338) from August 2021 and down 4.2% year-over-year. The middle half of 1BR listings asked between $3,833 and $4,060. That puts Santa Monica $2,065 above the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 29 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. September 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | +$1,300 (+59.1%) | −$300 (-7.9%) | $3,200 – $3,800 | 2 |
| Studio | $2,148 | −$52 (-2.4%) | −$1,652 (-43.5%) | $2,026 – $2,269 | 2 |
| 1BR | $4,015 | +$338 (+9.2%) | −$175 (-4.2%) | $3,833 – $4,060 | 7 |
| 1BR | $4,015 | +$338 (+9.2%) | −$175 (-4.2%) | $3,833 – $4,060 | 7 |
| 2BR | $6,050 | −$170 (-2.7%) | +$2,100 (+53.2%) | $4,384 – $7,938 | 6 |
| 2BR | $3,895 | −$2,325 (-37.4%) | −$55 (-1.4%) | $3,895 – $3,895 | 2 |
| 3BR | $6,250 | −$50 (-0.8%) | −$5,245 (-45.6%) | $6,250 – $6,250 | 1 |
| 3BR | $6,995 | +$695 (+11.0%) | −$4,500 (-39.1%) | $6,995 – $6,995 | 1 |
| 4BR | $13,850 | — | +$5,350 (+62.9%) | $13,850 – $13,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — September 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $1,638 | +$1,863 (+113.7%) |
| Studio | $2,148 | $1,638 | +$510 (+31.1%) |
| 1BR | $4,015 | $1,950 | +$2,065 (+105.9%) |
| 1BR | $4,015 | $1,950 | +$2,065 (+105.9%) |
| 2BR | $6,050 | $2,623 | +$3,428 (+130.7%) |
| 2BR | $3,895 | $2,623 | +$1,273 (+48.5%) |
| 3BR | $6,250 | $3,470 | +$2,781 (+80.1%) |
| 3BR | $6,995 | $3,470 | +$3,526 (+101.6%) |
| 4BR | $13,850 | $4,223 | +$9,628 (+228.0%) |
Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in September 2021.