Monthly Rent Report
Santa Monica Rent Report — October 2022
Asking rents in ZIP 90403, Los Angeles, from 43 listings.
Median 1BR rent in Santa Monica was $4,767 in October 2022, up 56.9% (+$1,730) from September 2022 and up 14.2% year-over-year. The middle half of 1BR listings asked between $4,767 and $4,767. That puts Santa Monica $2,671 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 43 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,595 | +$147 (+6.0%) | +$595 (+29.8%) | $2,595 – $2,595 | 1 |
| Studio | $4,500 | +$2,052 (+83.8%) | +$2,500 (+125.0%) | $4,500 – $4,500 | 1 |
| 1BR | $4,767 | +$1,730 (+56.9%) | +$592 (+14.2%) | $4,767 – $4,767 | 2 |
| 1BR | $2,895 | −$142 (-4.7%) | −$1,280 (-30.7%) | $2,845 – $2,945 | 2 |
| 2BR | $2,695 | −$955 (-26.2%) | −$1,517 (-36.0%) | $2,695 – $2,695 | 1 |
| 2BR | $4,500 | +$850 (+23.3%) | +$288 (+6.8%) | $4,048 – $4,995 | 19 |
| 3BR | $4,800 | −$1,100 (-18.6%) | −$1,850 (-27.8%) | $4,648 – $5,225 | 3 |
| 3BR | $5,200 | −$700 (-11.9%) | −$1,450 (-21.8%) | $5,200 – $5,500 | 12 |
| 4BR | $7,395 | — | −$605 (-7.6%) | $7,395 – $7,395 | 1 |
| 4BR | $18,500 | — | +$10,500 (+131.3%) | $18,500 – $18,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — October 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,595 | $1,795 | +$800 (+44.6%) |
| Studio | $4,500 | $1,795 | +$2,705 (+150.7%) |
| 1BR | $4,767 | $2,096 | +$2,671 (+127.4%) |
| 1BR | $2,895 | $2,096 | +$799 (+38.1%) |
| 2BR | $2,695 | $2,900 | −$205 (-7.1%) |
| 2BR | $4,500 | $2,900 | +$1,600 (+55.2%) |
| 3BR | $4,800 | $3,948 | +$853 (+21.6%) |
| 3BR | $5,200 | $3,948 | +$1,253 (+31.7%) |
| 4BR | $7,395 | $4,838 | +$2,558 (+52.9%) |
| 4BR | $18,500 | $4,838 | +$13,663 (+282.4%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.