Monthly Rent Report
Santa Monica Rent Report — December 2021
Asking rents in ZIP 90402, Los Angeles, from 16 listings.
Median 1BR rent in Santa Monica was $3,298 in December 2021, up 34.6% (+$848) from November 2021 and up 43.7% year-over-year. The middle half of 1BR listings asked between $3,196 and $3,399. That puts Santa Monica $1,325 above the Los Angeles citywide 1BR median of $1,973. The month's figures are based on 16 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | $0 (0.0%) | −$400 (-10.3%) | $3,500 – $3,800 | 5 |
| 1BR | $3,298 | +$848 (+34.6%) | +$1,003 (+43.7%) | $3,196 – $3,399 | 2 |
| 2BR | $4,825 | +$575 (+13.5%) | −$674 (-12.3%) | $4,313 – $5,338 | 2 |
| 3BR | $12,000 | +$5,505 (+84.8%) | +$2,619 (+27.9%) | $8,500 – $12,250 | 7 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — December 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $1,550 | +$1,950 (+125.8%) |
| 1BR | $3,298 | $1,973 | +$1,325 (+67.1%) |
| 2BR | $4,825 | $2,500 | +$2,325 (+93.0%) |
| 3BR | $12,000 | $3,650 | +$8,350 (+228.8%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in December 2021.