Monthly Rent Report
Santa Monica Rent Report — May 2021
Asking rents in ZIP 90404, Los Angeles, from 64 listings.
Median 1BR rent in Santa Monica was $2,195 in May 2021, down 6.6% (−$155) from April 2021. The middle half of 1BR listings asked between $1,980 and $2,845. That puts Santa Monica $397 above the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 64 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$409 (-19.0%) | — | $1,698 – $2,775 | 7 |
| Studio | $1,750 | −$409 (-19.0%) | — | $1,698 – $2,775 | 7 |
| 1BR | $2,195 | −$155 (-6.6%) | — | $1,980 – $2,845 | 29 |
| 1BR | $2,650 | +$300 (+12.8%) | — | $2,650 – $2,650 | 1 |
| 2BR | $2,400 | −$795 (-24.9%) | — | $2,400 – $2,400 | 5 |
| 2BR | $2,795 | −$400 (-12.5%) | — | $2,795 – $2,795 | 1 |
| 3BR | $3,195 | −$1,755 (-35.5%) | — | $3,095 – $4,440 | 13 |
| 3BR | $5,350 | +$400 (+8.1%) | — | $5,350 – $5,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — May 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,521 | +$229 (+15.1%) |
| Studio | $1,750 | $1,521 | +$229 (+15.1%) |
| 1BR | $2,195 | $1,798 | +$397 (+22.1%) |
| 1BR | $2,650 | $1,798 | +$852 (+47.4%) |
| 2BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 2BR | $2,795 | $2,450 | +$345 (+14.1%) |
| 3BR | $3,195 | $3,295 | −$100 (-3.0%) |
| 3BR | $5,350 | $3,295 | +$2,055 (+62.4%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.