Monthly Rent Report
Santa Monica Rent Report — September 2024
Asking rents in ZIP 90402, Los Angeles, from 99 listings.
Median 1BR rent in Santa Monica was $2,695 in September 2024, down 21.9% (−$755) from August 2024 and down 64.8% year-over-year. The middle half of 1BR listings asked between $2,695 and $2,695. That puts Santa Monica $697 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 99 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,200 | $0 (0.0%) | +$1,900 (+82.6%) | $4,200 – $4,499 | 9 |
| 1BR | $2,695 | −$755 (-21.9%) | −$4,955 (-64.8%) | $2,695 – $2,695 | 1 |
| 1BR | $3,750 | +$300 (+8.7%) | −$3,900 (-51.0%) | $3,750 – $3,750 | 1 |
| 2BR | $6,000 | +$2,300 (+62.2%) | +$1,005 (+20.1%) | $4,575 – $9,200 | 40 |
| 2BR | $15,500 | +$11,800 (+318.9%) | +$10,505 (+210.3%) | $15,500 – $16,663 | 6 |
| 3BR | $11,750 | +$5,950 (+102.6%) | +$2,850 (+32.0%) | $7,450 – $13,625 | 32 |
| 4BR | $9,750 | −$5,250 (-35.0%) | −$7,250 (-42.6%) | $9,750 – $9,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — September 2024
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,200 | $1,755 | +$2,445 (+139.3%) |
| 1BR | $2,695 | $1,999 | +$697 (+34.9%) |
| 1BR | $3,750 | $1,999 | +$1,752 (+87.6%) |
| 2BR | $6,000 | $2,795 | +$3,205 (+114.7%) |
| 2BR | $15,500 | $2,795 | +$12,705 (+454.6%) |
| 3BR | $11,750 | $3,850 | +$7,900 (+205.2%) |
| 4BR | $9,750 | $4,995 | +$4,755 (+95.2%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.