Monthly Rent Report
Santa Monica Rent Report — November 2021
Asking rents in ZIP 90402, Los Angeles, from 10 listings.
Median 1BR rent in Santa Monica was $2,450 in November 2021, down 31.0% (−$1,100) from October 2021 and down 21.0% year-over-year. The middle half of 1BR listings asked between $2,450 and $2,450. That puts Santa Monica $553 above the Los Angeles citywide 1BR median of $1,898. The month's figures are based on 10 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2021 | Vs. November 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | −$100 (-2.8%) | +$200 (+6.1%) | $3,500 – $3,650 | 3 |
| 1BR | $2,450 | −$1,100 (-31.0%) | −$650 (-21.0%) | $2,450 – $2,450 | 3 |
| 2BR | $4,250 | −$1,700 (-28.6%) | +$150 (+3.7%) | $4,250 – $4,250 | 1 |
| 3BR | $6,495 | −$2,405 (-27.0%) | +$248 (+4.0%) | $6,495 – $6,495 | 2 |
| 4BR | $13,850 | — | +$5,100 (+58.3%) | $13,850 – $13,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — November 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $1,520 | +$1,980 (+130.3%) |
| 1BR | $2,450 | $1,898 | +$553 (+29.1%) |
| 2BR | $4,250 | $2,550 | +$1,700 (+66.7%) |
| 3BR | $6,495 | $3,595 | +$2,900 (+80.7%) |
| 4BR | $13,850 | $4,420 | +$9,430 (+213.3%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in November 2021.