Monthly Rent Report
Santa Monica Rent Report — September 2022
Asking rents in ZIP 90402, Los Angeles, from 69 listings.
Median 1BR rent in Santa Monica was $8,750 in September 2022, up 6.7% (+$550) from August 2022 and up 117.9% year-over-year. The middle half of 1BR listings asked between $8,125 and $9,375. That puts Santa Monica $6,655 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 69 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,400 | +$400 (+10.0%) | +$2,253 (+104.9%) | $4,300 – $4,688 | 6 |
| Studio | $5,050 | +$1,050 (+26.3%) | +$2,903 (+135.2%) | $4,575 – $5,525 | 2 |
| 1BR | $8,750 | +$550 (+6.7%) | +$4,735 (+117.9%) | $8,125 – $9,375 | 2 |
| 1BR | $4,000 | −$4,200 (-51.2%) | −$15 (-0.4%) | $3,700 – $4,000 | 9 |
| 2BR | $8,900 | +$4,435 (+99.3%) | +$5,005 (+128.5%) | $6,525 – $10,500 | 35 |
| 2BR | $13,000 | +$8,535 (+191.2%) | +$9,105 (+233.8%) | $13,000 – $13,000 | 1 |
| 3BR | $7,990 | −$1,910 (-19.3%) | +$995 (+14.2%) | $7,990 – $7,990 | 1 |
| 3BR | $11,000 | +$1,100 (+11.1%) | +$4,005 (+57.3%) | $9,995 – $11,000 | 9 |
| 4BR | $9,200 | −$795 (-8.0%) | −$4,650 (-33.6%) | $9,200 – $9,200 | 2 |
| 4BR | $9,200 | −$795 (-8.0%) | −$4,650 (-33.6%) | $9,200 – $9,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — September 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,400 | $1,695 | +$2,705 (+159.6%) |
| Studio | $5,050 | $1,695 | +$3,355 (+197.9%) |
| 1BR | $8,750 | $2,096 | +$6,655 (+317.6%) |
| 1BR | $4,000 | $2,096 | +$1,905 (+90.9%) |
| 2BR | $8,900 | $2,882 | +$6,019 (+208.9%) |
| 2BR | $13,000 | $2,882 | +$10,119 (+351.2%) |
| 3BR | $7,990 | $3,900 | +$4,090 (+104.9%) |
| 3BR | $11,000 | $3,900 | +$7,100 (+182.1%) |
| 4BR | $9,200 | $4,925 | +$4,275 (+86.8%) |
| 4BR | $9,200 | $4,925 | +$4,275 (+86.8%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in September 2022.