Monthly Rent Report

Santa Monica Rent Report — July 2021

Asking rents in ZIP 90404, Los Angeles, from 60 listings.

Median 1BR rent in Santa Monica was $2,796 in July 2021, up 30.0% (+$646) from June 2021. The middle half of 1BR listings asked between $2,150 and $3,123. That puts Santa Monica $951 above the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 60 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2021Vs. Year AgoP25–P75 RangeListings
Studio$1,750$0 (0.0%)$1,750 – $1,7501
Studio$3,280+$1,530 (+87.4%)$3,112 – $3,4104
1BR$2,796+$646 (+30.0%)$2,150 – $3,12335
1BR$2,500+$350 (+16.3%)$2,500 – $2,5002
2BR$2,775−$320 (-10.3%)$2,775 – $2,7751
2BR$3,523+$428 (+13.8%)$3,084 – $3,9612
3BR$6,000+$3,105 (+107.3%)$6,000 – $6,0001
3BR$5,165+$2,270 (+78.4%)$4,695 – $5,43513
4BR$5,495$5,495 – $5,4951

Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.

Santa Monica vs. Los AngelesJuly 2021

BedroomsSanta Monica MedianLos Angeles Citywide MedianDifference
Studio$1,750$1,525+$225 (+14.8%)
Studio$3,280$1,525+$1,755 (+115.0%)
1BR$2,796$1,845+$951 (+51.5%)
1BR$2,500$1,845+$655 (+35.5%)
2BR$2,775$2,529+$247 (+9.7%)
2BR$3,523$2,529+$994 (+39.3%)
3BR$6,000$3,338+$2,663 (+79.8%)
3BR$5,165$3,338+$1,828 (+54.8%)
4BR$5,495$3,995+$1,500 (+37.5%)

Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.

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