Monthly Rent Report
Santa Monica Rent Report — September 2022
Asking rents in ZIP 90403, Los Angeles, from 115 listings.
Median 1BR rent in Santa Monica was $2,200 in September 2022, down 6.3% (−$147) from August 2022 and down 10.2% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Santa Monica $105 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 115 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,448 | +$248 (+11.3%) | +$698 (+39.9%) | $1,650 – $4,500 | 17 |
| Studio | $1,650 | −$550 (-25.0%) | −$100 (-5.7%) | $1,650 – $2,498 | 13 |
| 1BR | $2,200 | −$147 (-6.3%) | −$250 (-10.2%) | $2,200 – $2,200 | 1 |
| 1BR | $3,038 | +$690 (+29.4%) | +$588 (+24.0%) | $2,550 – $3,616 | 76 |
| 2BR | $6,875 | +$2,380 (+52.9%) | +$3,325 (+93.7%) | $5,585 – $7,334 | 3 |
| 2BR | $3,650 | −$845 (-18.8%) | +$100 (+2.8%) | $3,650 – $3,650 | 1 |
| 3BR | $5,250 | −$1,450 (-21.6%) | +$855 (+19.5%) | $4,700 – $9,271 | 3 |
| 3BR | $5,900 | −$800 (-11.9%) | +$1,505 (+34.2%) | $5,900 – $5,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — September 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,448 | $1,695 | +$753 (+44.4%) |
| Studio | $1,650 | $1,695 | −$45 (-2.7%) |
| 1BR | $2,200 | $2,096 | +$105 (+5.0%) |
| 1BR | $3,038 | $2,096 | +$942 (+45.0%) |
| 2BR | $6,875 | $2,882 | +$3,994 (+138.6%) |
| 2BR | $3,650 | $2,882 | +$769 (+26.7%) |
| 3BR | $5,250 | $3,900 | +$1,350 (+34.6%) |
| 3BR | $5,900 | $3,900 | +$2,000 (+51.3%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in September 2022.