Monthly Rent Report
Santa Monica Rent Report — August 2021
Asking rents in ZIP 90404, Los Angeles, from 103 listings.
Median 1BR rent in Santa Monica was $2,388 in August 2021, down 4.5% (−$112) from July 2021 and up 17.2% year-over-year. The middle half of 1BR listings asked between $2,124 and $3,360. That puts Santa Monica $525 above the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 103 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | +$200 (+11.4%) | — | $1,900 – $3,149 | 9 |
| Studio | $1,900 | +$150 (+8.6%) | — | $1,900 – $3,149 | 5 |
| 1BR | $2,388 | −$112 (-4.5%) | +$351 (+17.2%) | $2,124 – $3,360 | 32 |
| 1BR | $1,925 | −$575 (-23.0%) | −$112 (-5.5%) | $1,925 – $1,925 | 1 |
| 2BR | $2,900 | −$622 (-17.7%) | −$225 (-7.2%) | $2,795 – $3,100 | 7 |
| 2BR | $3,550 | +$28 (+0.8%) | +$425 (+13.6%) | $2,975 – $4,868 | 31 |
| 3BR | $4,950 | −$1,050 (-17.5%) | −$2,850 (-36.5%) | $4,850 – $4,975 | 7 |
| 3BR | $5,120 | −$880 (-14.7%) | −$2,680 (-34.4%) | $4,656 – $5,435 | 8 |
| 4BR | $4,700 | −$795 (-14.5%) | −$795 (-14.5%) | $4,540 – $5,025 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — August 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,549 | +$402 (+25.9%) |
| Studio | $1,900 | $1,549 | +$352 (+22.7%) |
| 1BR | $2,388 | $1,863 | +$525 (+28.2%) |
| 1BR | $1,925 | $1,863 | +$63 (+3.4%) |
| 2BR | $2,900 | $2,680 | +$220 (+8.2%) |
| 2BR | $3,550 | $2,680 | +$870 (+32.5%) |
| 3BR | $4,950 | $3,595 | +$1,355 (+37.7%) |
| 3BR | $5,120 | $3,595 | +$1,525 (+42.4%) |
| 4BR | $4,700 | $4,350 | +$350 (+8.0%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.