Monthly Rent Report
Santa Monica Rent Report — April 2023
Asking rents in ZIP 90402, Los Angeles, from 92 listings.
Median 1BR rent in Santa Monica was $3,950 in April 2023, up 5.3% (+$200) from March 2023 and down 3.7% year-over-year. The middle half of 1BR listings asked between $3,095 and $4,800. That puts Santa Monica $1,853 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 92 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,625 | — | +$725 (+18.6%) | $4,438 – $4,813 | 2 |
| Studio | $4,625 | — | +$725 (+18.6%) | $4,438 – $4,813 | 2 |
| 1BR | $3,950 | +$200 (+5.3%) | −$150 (-3.7%) | $3,095 – $4,800 | 35 |
| 1BR | $4,200 | +$450 (+12.0%) | +$100 (+2.4%) | $4,200 – $4,200 | 1 |
| 2BR | $9,550 | +$4,551 (+91.0%) | −$450 (-4.5%) | $6,613 – $11,000 | 32 |
| 2BR | $9,975 | +$4,976 (+99.5%) | −$25 (-0.3%) | $9,975 – $9,975 | 1 |
| 3BR | $11,500 | +$1,500 (+15.0%) | +$5,000 (+76.9%) | $10,625 – $12,250 | 11 |
| 3BR | $8,500 | −$1,500 (-15.0%) | +$2,000 (+30.8%) | $8,500 – $8,500 | 1 |
| 4BR | $14,000 | −$2,495 (-15.1%) | −$2,000 (-12.5%) | $14,000 – $14,000 | 4 |
| 4BR | $14,000 | −$2,495 (-15.1%) | −$2,000 (-12.5%) | $14,000 – $14,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — April 2023
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,625 | $1,775 | +$2,850 (+160.6%) |
| Studio | $4,625 | $1,775 | +$2,850 (+160.6%) |
| 1BR | $3,950 | $2,097 | +$1,853 (+88.4%) |
| 1BR | $4,200 | $2,097 | +$2,103 (+100.3%) |
| 2BR | $9,550 | $2,795 | +$6,755 (+241.7%) |
| 2BR | $9,975 | $2,795 | +$7,180 (+256.9%) |
| 3BR | $11,500 | $3,895 | +$7,605 (+195.3%) |
| 3BR | $8,500 | $3,895 | +$4,605 (+118.2%) |
| 4BR | $14,000 | $4,970 | +$9,030 (+181.7%) |
| 4BR | $14,000 | $4,970 | +$9,030 (+181.7%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.