Monthly Rent Report
Santa Monica Rent Report — October 2021
Asking rents in ZIP 90402, Los Angeles, from 14 listings.
Median 1BR rent in Santa Monica was $3,550 in October 2021, down 11.6% (−$465) from September 2021 and down 16.8% year-over-year. The middle half of 1BR listings asked between $3,550 and $3,550. That puts Santa Monica $1,782 above the Los Angeles citywide 1BR median of $1,768. The month's figures are based on 14 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. October 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,600 | +$100 (+2.9%) | −$200 (-5.3%) | $3,500 – $3,800 | 7 |
| 1BR | $3,550 | −$465 (-11.6%) | −$715 (-16.8%) | $3,550 – $3,550 | 1 |
| 2BR | $5,950 | +$2,055 (+52.8%) | +$200 (+3.5%) | $5,173 – $6,220 | 3 |
| 3BR | $8,900 | +$1,905 (+27.2%) | −$2,595 (-22.6%) | $8,200 – $8,900 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — October 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,600 | $1,546 | +$2,054 (+132.8%) |
| 1BR | $3,550 | $1,768 | +$1,782 (+100.8%) |
| 2BR | $5,950 | $2,500 | +$3,451 (+138.0%) |
| 3BR | $8,900 | $3,500 | +$5,400 (+154.3%) |
Citywide figure is the median of zip-level medians across 122 Los Angeles zip codes with listings in October 2021.