Monthly Rent Report
Santa Monica Rent Report — June 2022
Asking rents in ZIP 90402, Los Angeles, from 23 listings.
Median 1BR rent in Santa Monica was $10,000 in June 2022, up 22.0% (+$1,800) from May 2022 and up 190.3% year-over-year. The middle half of 1BR listings asked between $10,000 and $10,000. That puts Santa Monica $8,005 above the Los Angeles citywide 1BR median of $1,996. The month's figures are based on 23 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,300 | −$800 (-19.5%) | −$500 (-13.2%) | $3,300 – $3,300 | 2 |
| 1BR | $10,000 | +$1,800 (+22.0%) | +$6,555 (+190.3%) | $10,000 – $10,000 | 2 |
| 2BR | $7,950 | −$5,050 (-38.8%) | +$3,555 (+80.9%) | $7,900 – $8,500 | 7 |
| 2BR | $5,400 | −$7,600 (-58.5%) | +$1,005 (+22.9%) | $5,400 – $5,400 | 1 |
| 3BR | $11,999 | +$7,004 (+140.2%) | +$4 (+0.0%) | $11,475 – $12,625 | 3 |
| 3BR | $5,500 | +$505 (+10.1%) | −$6,495 (-54.1%) | $5,500 – $5,500 | 1 |
| 4BR | $12,250 | −$2,250 (-15.5%) | +$3,250 (+36.1%) | $12,250 – $12,250 | 2 |
| 4BR | $12,250 | −$2,250 (-15.5%) | +$3,250 (+36.1%) | $12,250 – $12,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — June 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,300 | $1,600 | +$1,700 (+106.3%) |
| 1BR | $10,000 | $1,996 | +$8,005 (+401.1%) |
| 2BR | $7,950 | $2,800 | +$5,150 (+183.9%) |
| 2BR | $5,400 | $2,800 | +$2,600 (+92.9%) |
| 3BR | $11,999 | $4,150 | +$7,849 (+189.1%) |
| 3BR | $5,500 | $4,150 | +$1,350 (+32.5%) |
| 4BR | $12,250 | $5,150 | +$7,100 (+137.9%) |
| 4BR | $12,250 | $5,150 | +$7,100 (+137.9%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in June 2022.