Monthly Rent Report
Santa Monica Rent Report — August 2022
Asking rents in ZIP 90402, Los Angeles, from 82 listings.
Median 1BR rent in Santa Monica was $4,160 in August 2022, down 51.1% (−$4,340) from July 2022 and up 13.1% year-over-year. The middle half of 1BR listings asked between $3,980 and $4,375. That puts Santa Monica $2,065 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 82 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,000 | $0 (0.0%) | +$1,710 (+74.7%) | $4,000 – $4,000 | 1 |
| Studio | $4,000 | $0 (0.0%) | +$1,710 (+74.7%) | $4,000 – $4,000 | 1 |
| 1BR | $4,160 | −$4,340 (-51.1%) | +$483 (+13.1%) | $3,980 – $4,375 | 33 |
| 1BR | $8,200 | −$300 (-3.5%) | +$4,523 (+123.0%) | $8,200 – $8,200 | 1 |
| 2BR | $4,465 | −$9,985 (-69.1%) | −$1,135 (-20.3%) | $3,950 – $8,950 | 17 |
| 2BR | $13,000 | −$1,450 (-10.0%) | +$7,400 (+132.1%) | $13,000 – $13,000 | 1 |
| 3BR | $6,450 | −$2,750 (-29.9%) | −$545 (-7.8%) | $6,450 – $6,450 | 1 |
| 3BR | $9,900 | +$700 (+7.6%) | +$2,905 (+41.5%) | $8,043 – $13,500 | 18 |
| 4BR | $9,995 | +$245 (+2.5%) | — | $9,995 – $9,995 | 5 |
| 4BR | $9,995 | +$245 (+2.5%) | — | $9,995 – $9,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — August 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,000 | $1,773 | +$2,228 (+125.7%) |
| Studio | $4,000 | $1,773 | +$2,228 (+125.7%) |
| 1BR | $4,160 | $2,095 | +$2,065 (+98.6%) |
| 1BR | $8,200 | $2,095 | +$6,105 (+291.4%) |
| 2BR | $4,465 | $2,880 | +$1,585 (+55.0%) |
| 2BR | $13,000 | $2,880 | +$10,120 (+351.4%) |
| 3BR | $6,450 | $3,795 | +$2,655 (+70.0%) |
| 3BR | $9,900 | $3,795 | +$6,105 (+160.9%) |
| 4BR | $9,995 | $5,200 | +$4,795 (+92.2%) |
| 4BR | $9,995 | $5,200 | +$4,795 (+92.2%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.