Monthly Rent Report
Santa Monica Rent Report — December 2022
Asking rents in ZIP 90403, Los Angeles, from 190 listings.
Median 1BR rent in Santa Monica was $4,398 in December 2022, up 69.5% (+$1,803) from November 2022 and up 70.8% year-over-year. The middle half of 1BR listings asked between $3,596 and $5,199. That puts Santa Monica $2,305 above the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 190 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | −$500 (-20.9%) | −$380 (-16.7%) | $1,895 – $1,895 | 1 |
| Studio | $2,350 | −$45 (-1.9%) | +$75 (+3.3%) | $2,345 – $2,595 | 21 |
| 1BR | $4,398 | +$1,803 (+69.5%) | +$1,823 (+70.8%) | $3,596 – $5,199 | 2 |
| 1BR | $2,900 | +$305 (+11.8%) | +$325 (+12.6%) | $2,675 – $3,346 | 66 |
| 2BR | $4,800 | +$605 (+14.4%) | −$450 (-8.6%) | $4,100 – $6,895 | 80 |
| 2BR | $5,995 | +$1,800 (+42.9%) | +$745 (+14.2%) | $5,995 – $5,995 | 1 |
| 3BR | $5,500 | $0 (0.0%) | +$1,100 (+25.0%) | $4,950 – $7,800 | 17 |
| 3BR | $4,500 | −$1,000 (-18.2%) | +$100 (+2.3%) | $4,500 – $4,500 | 1 |
| 4BR | $14,995 | +$5,995 (+66.6%) | — | $14,995 – $14,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — December 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,795 | +$100 (+5.6%) |
| Studio | $2,350 | $1,795 | +$555 (+30.9%) |
| 1BR | $4,398 | $2,093 | +$2,305 (+110.2%) |
| 1BR | $2,900 | $2,093 | +$808 (+38.6%) |
| 2BR | $4,800 | $2,795 | +$2,005 (+71.7%) |
| 2BR | $5,995 | $2,795 | +$3,200 (+114.5%) |
| 3BR | $5,500 | $4,145 | +$1,355 (+32.7%) |
| 3BR | $4,500 | $4,145 | +$355 (+8.6%) |
| 4BR | $14,995 | $4,998 | +$9,998 (+200.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.