Monthly Rent Report
Santa Monica Rent Report — October 2022
Asking rents in ZIP 90402, Los Angeles, from 33 listings.
Median 1BR rent in Santa Monica was $8,750 in October 2022, up 118.8% (+$4,750) from September 2022 and up 146.5% year-over-year. The middle half of 1BR listings asked between $7,400 and $10,875. That puts Santa Monica $6,654 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 33 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,550 | −$1,500 (-29.7%) | −$50 (-1.4%) | $3,275 – $3,825 | 2 |
| Studio | $4,500 | −$550 (-10.9%) | +$900 (+25.0%) | $4,400 – $4,625 | 3 |
| 1BR | $8,750 | +$4,750 (+118.8%) | +$5,200 (+146.5%) | $7,400 – $10,875 | 4 |
| 1BR | $3,445 | −$555 (-13.9%) | −$105 (-3.0%) | $3,445 – $3,445 | 2 |
| 2BR | $4,373 | −$4,527 (-50.9%) | −$1,577 (-26.5%) | $4,061 – $4,684 | 2 |
| 2BR | $8,800 | −$100 (-1.1%) | +$2,850 (+47.9%) | $5,538 – $8,900 | 8 |
| 3BR | $5,800 | −$2,190 (-27.4%) | −$3,100 (-34.8%) | $5,800 – $5,800 | 1 |
| 3BR | $8,500 | +$510 (+6.4%) | −$400 (-4.5%) | $8,500 – $9,000 | 4 |
| 4BR | $9,995 | +$795 (+8.6%) | — | $9,995 – $9,995 | 1 |
| 4BR | $8,748 | −$452 (-4.9%) | — | $8,124 – $9,371 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — October 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,550 | $1,795 | +$1,755 (+97.8%) |
| Studio | $4,500 | $1,795 | +$2,705 (+150.7%) |
| 1BR | $8,750 | $2,096 | +$6,654 (+317.5%) |
| 1BR | $3,445 | $2,096 | +$1,349 (+64.4%) |
| 2BR | $4,373 | $2,900 | +$1,473 (+50.8%) |
| 2BR | $8,800 | $2,900 | +$5,900 (+203.4%) |
| 3BR | $5,800 | $3,948 | +$1,853 (+46.9%) |
| 3BR | $8,500 | $3,948 | +$4,553 (+115.3%) |
| 4BR | $9,995 | $4,838 | +$5,158 (+106.6%) |
| 4BR | $8,748 | $4,838 | +$3,910 (+80.8%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.