Monthly Rent Report
Santa Monica Rent Report — May 2022
Asking rents in ZIP 90402, Los Angeles, from 18 listings.
Median 1BR rent in Santa Monica was $8,200 in May 2022, up 100.0% (+$4,100) from April 2022 and up 117.4% year-over-year. The middle half of 1BR listings asked between $8,200 and $8,200. That puts Santa Monica $6,250 above the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 18 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,100 | +$200 (+5.1%) | +$300 (+7.9%) | $3,800 – $4,100 | 8 |
| 1BR | $8,200 | +$4,100 (+100.0%) | +$4,428 (+117.4%) | $8,200 – $8,200 | 1 |
| 2BR | $13,000 | +$3,000 (+30.0%) | +$8,025 (+161.3%) | $13,000 – $13,000 | 1 |
| 2BR | $5,750 | −$4,250 (-42.5%) | +$775 (+15.6%) | $5,750 – $5,750 | 1 |
| 3BR | $4,995 | −$1,505 (-23.2%) | −$7,005 (-58.4%) | $4,995 – $4,995 | 1 |
| 4BR | $14,500 | −$1,500 (-9.4%) | — | $14,500 – $14,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — May 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,100 | $1,620 | +$2,480 (+153.1%) |
| 1BR | $8,200 | $1,950 | +$6,250 (+320.5%) |
| 2BR | $13,000 | $2,800 | +$10,200 (+364.3%) |
| 2BR | $5,750 | $2,800 | +$2,950 (+105.4%) |
| 3BR | $4,995 | $3,995 | +$1,000 (+25.0%) |
| 4BR | $14,500 | $5,100 | +$9,400 (+184.3%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.