Monthly Rent Report
Santa Monica Rent Report — October 2021
Asking rents in ZIP 90404, Los Angeles, from 17 listings.
Median 1BR rent in Santa Monica was $2,050 in October 2021, down 7.3% (−$162) from September 2021 and up 22.4% year-over-year. The middle half of 1BR listings asked between $1,956 and $2,121. That puts Santa Monica $282 above the Los Angeles citywide 1BR median of $1,768. The month's figures are based on 17 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. October 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$930 (-34.7%) | −$45 (-2.5%) | $1,750 – $1,750 | 1 |
| 1BR | $2,050 | −$162 (-7.3%) | +$375 (+22.4%) | $1,956 – $2,121 | 6 |
| 2BR | $2,695 | −$1,905 (-41.4%) | −$300 (-10.0%) | $2,495 – $2,795 | 5 |
| 2BR | $3,750 | −$850 (-18.5%) | +$755 (+25.2%) | $3,750 – $3,750 | 1 |
| 3BR | $4,350 | −$1,350 (-23.7%) | −$1,840 (-29.7%) | $4,350 – $4,600 | 3 |
| 4BR | $5,350 | −$145 (-2.6%) | +$455 (+9.3%) | $5,350 – $5,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — October 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,546 | +$204 (+13.2%) |
| 1BR | $2,050 | $1,768 | +$282 (+16.0%) |
| 2BR | $2,695 | $2,500 | +$196 (+7.8%) |
| 2BR | $3,750 | $2,500 | +$1,251 (+50.0%) |
| 3BR | $4,350 | $3,500 | +$850 (+24.3%) |
| 4BR | $5,350 | $4,350 | +$1,000 (+23.0%) |
Citywide figure is the median of zip-level medians across 122 Los Angeles zip codes with listings in October 2021.