Monthly Rent Report
Santa Monica Rent Report — March 2022
Asking rents in ZIP 90402, Los Angeles, from 10 listings.
Median 1BR rent in Santa Monica was $6,250 in March 2022, up 78.6% (+$2,750) from February 2022 and up 140.4% year-over-year. The middle half of 1BR listings asked between $5,033 and $6,875. That puts Santa Monica $4,350 above the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 10 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,500 | +$550 (+13.9%) | +$1,950 (+76.5%) | $4,500 – $4,500 | 1 |
| 1BR | $6,250 | +$2,750 (+78.6%) | +$3,650 (+140.4%) | $5,033 – $6,875 | 6 |
| 2BR | $4,995 | −$2,505 (-33.4%) | −$405 (-7.5%) | $4,995 – $4,995 | 1 |
| 3BR | $6,800 | −$9,000 (-57.0%) | +$900 (+15.3%) | $6,800 – $6,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — March 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,500 | $1,600 | +$2,900 (+181.3%) |
| 1BR | $6,250 | $1,900 | +$4,350 (+228.9%) |
| 2BR | $4,995 | $2,775 | +$2,220 (+80.0%) |
| 3BR | $6,800 | $3,700 | +$3,100 (+83.8%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.