Monthly Rent Report
Santa Monica Rent Report — December 2024
Asking rents in ZIP 90403, Los Angeles, from 104 listings.
Median 1BR rent in Santa Monica was $3,148 in December 2024, down 10.1% (−$352) from November 2024 and up 8.7% year-over-year. The middle half of 1BR listings asked between $3,071 and $3,224. That puts Santa Monica $1,080 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 104 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$250 (+13.5%) | −$72 (-3.3%) | $2,100 – $2,100 | 1 |
| Studio | $2,250 | +$400 (+21.6%) | +$78 (+3.6%) | $1,995 – $2,595 | 13 |
| 1BR | $3,148 | −$352 (-10.1%) | +$253 (+8.7%) | $3,071 – $3,224 | 2 |
| 1BR | $2,950 | −$550 (-15.7%) | +$55 (+1.9%) | $2,695 – $3,298 | 43 |
| 2BR | $4,548 | +$548 (+13.7%) | −$125 (-2.7%) | $4,121 – $4,974 | 2 |
| 2BR | $3,775 | −$225 (-5.6%) | −$897 (-19.2%) | $3,531 – $4,030 | 26 |
| 3BR | $5,800 | +$605 (+11.6%) | +$560 (+10.7%) | $5,800 – $5,800 | 2 |
| 3BR | $5,500 | +$305 (+5.9%) | +$260 (+5.0%) | $4,774 – $5,500 | 11 |
| 4BR | $12,500 | −$1,247 (-9.1%) | +$4,505 (+56.3%) | $12,250 – $13,124 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — December 2024
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $1,725 | +$375 (+21.7%) |
| Studio | $2,250 | $1,725 | +$525 (+30.4%) |
| 1BR | $3,148 | $2,068 | +$1,080 (+52.2%) |
| 1BR | $2,950 | $2,068 | +$883 (+42.7%) |
| 2BR | $4,548 | $2,750 | +$1,798 (+65.4%) |
| 2BR | $3,775 | $2,750 | +$1,025 (+37.3%) |
| 3BR | $5,800 | $3,995 | +$1,805 (+45.2%) |
| 3BR | $5,500 | $3,995 | +$1,505 (+37.7%) |
| 4BR | $12,500 | $4,900 | +$7,600 (+155.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.