Monthly Rent Report
Santa Monica Rent Report — November 2022
Asking rents in ZIP 90402, Los Angeles, from 30 listings.
Median 1BR rent in Santa Monica was $3,650 in November 2022, up 6.0% (+$205) from October 2022 and up 49.0% year-over-year. The middle half of 1BR listings asked between $3,650 and $3,650. That puts Santa Monica $1,584 above the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 30 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,650 | +$205 (+6.0%) | +$1,200 (+49.0%) | $3,650 – $3,650 | 1 |
| 1BR | $4,000 | +$555 (+16.1%) | +$1,550 (+63.3%) | $3,800 – $4,500 | 17 |
| 2BR | $11,000 | +$6,628 (+151.6%) | +$6,750 (+158.8%) | $10,500 – $11,500 | 2 |
| 2BR | $4,445 | +$73 (+1.7%) | +$195 (+4.6%) | $4,100 – $6,450 | 7 |
| 3BR | $5,900 | −$2,600 (-30.6%) | −$595 (-9.2%) | $5,900 – $5,900 | 1 |
| 3BR | $5,300 | −$3,200 (-37.6%) | −$1,195 (-18.4%) | $5,300 – $5,300 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — November 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,650 | $2,066 | +$1,584 (+76.6%) |
| 1BR | $4,000 | $2,066 | +$1,934 (+93.6%) |
| 2BR | $11,000 | $2,873 | +$8,128 (+282.9%) |
| 2BR | $4,445 | $2,873 | +$1,573 (+54.7%) |
| 3BR | $5,900 | $3,700 | +$2,200 (+59.5%) |
| 3BR | $5,300 | $3,700 | +$1,600 (+43.2%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.