Monthly Rent Report

Santa Monica Rent Report — September 2021

Asking rents in ZIP 90404, Los Angeles, from 52 listings.

Median 1BR rent in Santa Monica was $2,213 in September 2021, up 14.9% (+$288) from August 2021 and up 19.9% year-over-year. The middle half of 1BR listings asked between $2,069 and $2,356. That puts Santa Monica $263 above the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 52 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2021Vs. September 2020P25–P75 RangeListings
Studio$2,680+$780 (+41.1%)$1,900 – $3,4104
Studio$1,763−$137 (-7.2%)$1,669 – $2,0894
1BR$2,213+$288 (+14.9%)+$368 (+19.9%)$2,069 – $2,3562
1BR$3,305+$1,380 (+71.7%)+$1,460 (+79.1%)$2,423 – $3,50319
2BR$4,600+$1,050 (+29.6%)+$2,000 (+76.9%)$4,600 – $4,6001
2BR$4,475+$925 (+26.1%)+$1,875 (+72.1%)$3,120 – $5,15018
3BR$4,350−$770 (-15.0%)+$655 (+17.7%)$4,350 – $4,3501
3BR$5,700+$580 (+11.3%)+$2,005 (+54.3%)$5,700 – $5,7001
4BR$5,495+$795 (+16.9%)+$2,800 (+103.9%)$5,495 – $5,4951
4BR$5,500+$800 (+17.0%)+$2,805 (+104.1%)$5,500 – $5,5001

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

Santa Monica vs. Los AngelesSeptember 2021

BedroomsSanta Monica MedianLos Angeles Citywide MedianDifference
Studio$2,680$1,638+$1,043 (+63.7%)
Studio$1,763$1,638+$125 (+7.6%)
1BR$2,213$1,950+$263 (+13.5%)
1BR$3,305$1,950+$1,355 (+69.5%)
2BR$4,600$2,623+$1,978 (+75.4%)
2BR$4,475$2,623+$1,853 (+70.6%)
3BR$4,350$3,470+$881 (+25.4%)
3BR$5,700$3,470+$2,231 (+64.3%)
4BR$5,495$4,223+$1,273 (+30.1%)
4BR$5,500$4,223+$1,278 (+30.3%)

Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in September 2021.

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