Monthly Rent Report
Santa Monica Rent Report — November 2024
Asking rents in ZIP 90402, Los Angeles, from 22 listings.
Median 1BR rent in Santa Monica was $2,995 in November 2024, down 11.3% (−$380) from October 2024 and down 9.2% year-over-year. The middle half of 1BR listings asked between $2,995 and $2,995. That puts Santa Monica $923 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 22 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | −$2,100 (-50.0%) | −$900 (-30.0%) | $2,100 – $2,100 | 2 |
| 1BR | $2,995 | −$380 (-11.3%) | −$305 (-9.2%) | $2,995 – $2,995 | 1 |
| 1BR | $2,990 | −$385 (-11.4%) | −$310 (-9.4%) | $2,990 – $2,990 | 5 |
| 2BR | $4,295 | −$2,555 (-37.3%) | −$1,905 (-30.7%) | $4,295 – $4,295 | 1 |
| 3BR | $8,450 | +$1,500 (+21.6%) | −$1,550 (-15.5%) | $8,450 – $8,450 | 1 |
| 4BR | $12,495 | −$2,505 (-16.7%) | −$1,505 (-10.8%) | $10,995 – $14,621 | 8 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — November 2024
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $1,750 | +$350 (+20.0%) |
| 1BR | $2,995 | $2,073 | +$923 (+44.5%) |
| 1BR | $2,990 | $2,073 | +$918 (+44.3%) |
| 2BR | $4,295 | $2,850 | +$1,445 (+50.7%) |
| 3BR | $8,450 | $3,895 | +$4,555 (+116.9%) |
| 4BR | $12,495 | $5,220 | +$7,276 (+139.4%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.