Monthly Rent Report
Santa Monica Rent Report — July 2022
Asking rents in ZIP 90402, Los Angeles, from 42 listings.
Median 1BR rent in Santa Monica was $3,595 in July 2022, down 64.0% (−$6,405) from June 2022 and up 24.0% year-over-year. The middle half of 1BR listings asked between $3,445 and $4,298. That puts Santa Monica $1,495 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 42 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,000 | +$700 (+21.2%) | — | $4,000 – $4,000 | 1 |
| 1BR | $3,595 | −$6,405 (-64.0%) | +$695 (+24.0%) | $3,445 – $4,298 | 11 |
| 1BR | $8,500 | −$1,500 (-15.0%) | +$5,600 (+193.1%) | $8,500 – $8,500 | 1 |
| 2BR | $14,450 | +$9,050 (+167.6%) | +$9,850 (+214.1%) | $8,950 – $14,450 | 13 |
| 2BR | $13,500 | +$8,100 (+150.0%) | +$8,900 (+193.5%) | $12,750 – $14,250 | 2 |
| 3BR | $9,200 | +$3,700 (+67.3%) | +$2,205 (+31.5%) | $9,200 – $9,200 | 1 |
| 3BR | $10,500 | +$5,000 (+90.9%) | +$3,505 (+50.1%) | $9,800 – $12,375 | 4 |
| 4BR | $9,750 | −$2,500 (-20.4%) | — | $9,750 – $9,750 | 1 |
| 4BR | $9,750 | −$2,500 (-20.4%) | — | $9,750 – $9,875 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — July 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,000 | $1,695 | +$2,305 (+136.0%) |
| 1BR | $3,595 | $2,100 | +$1,495 (+71.2%) |
| 1BR | $8,500 | $2,100 | +$6,400 (+304.8%) |
| 2BR | $14,450 | $2,995 | +$11,455 (+382.5%) |
| 2BR | $13,500 | $2,995 | +$10,505 (+350.8%) |
| 3BR | $9,200 | $3,900 | +$5,300 (+135.9%) |
| 3BR | $10,500 | $3,900 | +$6,600 (+169.2%) |
| 4BR | $9,750 | $5,273 | +$4,478 (+84.9%) |
| 4BR | $9,750 | $5,273 | +$4,478 (+84.9%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.