Monthly Rent Report
Santa Monica Rent Report — November 2022
Asking rents in ZIP 90403, Los Angeles, from 64 listings.
Median 1BR rent in Santa Monica was $2,595 in November 2022, down 45.6% (−$2,172) from October 2022 and unchanged year-over-year. The middle half of 1BR listings asked between $2,495 and $2,795. That puts Santa Monica $529 above the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 64 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,750 | +$155 (+6.0%) | +$755 (+37.8%) | $2,750 – $2,750 | 3 |
| Studio | $2,395 | −$200 (-7.7%) | +$400 (+20.1%) | $2,395 – $2,395 | 1 |
| 1BR | $2,595 | −$2,172 (-45.6%) | $0 (0.0%) | $2,495 – $2,795 | 3 |
| 1BR | $2,623 | −$2,144 (-45.0%) | +$28 (+1.1%) | $2,523 – $4,638 | 6 |
| 2BR | $4,195 | −$305 (-6.8%) | +$945 (+29.1%) | $3,350 – $4,995 | 26 |
| 2BR | $3,598 | −$902 (-20.1%) | +$348 (+10.7%) | $3,246 – $3,949 | 2 |
| 3BR | $8,550 | +$3,350 (+64.4%) | +$3,050 (+55.5%) | $8,075 – $9,025 | 2 |
| 3BR | $5,500 | +$300 (+5.8%) | $0 (0.0%) | $5,089 – $6,745 | 18 |
| 4BR | $9,699 | −$8,801 (-47.6%) | — | $9,699 – $9,699 | 1 |
| 4BR | $9,000 | −$9,500 (-51.4%) | — | $9,000 – $9,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — November 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,750 | $1,695 | +$1,055 (+62.2%) |
| Studio | $2,395 | $1,695 | +$700 (+41.3%) |
| 1BR | $2,595 | $2,066 | +$529 (+25.6%) |
| 1BR | $2,623 | $2,066 | +$556 (+26.9%) |
| 2BR | $4,195 | $2,873 | +$1,323 (+46.0%) |
| 2BR | $3,598 | $2,873 | +$725 (+25.2%) |
| 3BR | $8,550 | $3,700 | +$4,850 (+131.1%) |
| 3BR | $5,500 | $3,700 | +$1,800 (+48.6%) |
| 4BR | $9,699 | $5,000 | +$4,699 (+94.0%) |
| 4BR | $9,000 | $5,000 | +$4,000 (+80.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.