Monthly Rent Report
Santa Monica Rent Report — December 2021
Asking rents in ZIP 90404, Los Angeles, from 10 listings.
Median 1BR rent in Santa Monica was $3,250 in December 2021, up 68.8% (+$1,325) from November 2021 and up 78.1% year-over-year. The middle half of 1BR listings asked between $3,250 and $3,250. That puts Santa Monica $1,277 above the Los Angeles citywide 1BR median of $1,973. The month's figures are based on 10 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,649 | +$899 (+51.4%) | +$674 (+34.1%) | $1,995 – $2,995 | 5 |
| 1BR | $3,250 | +$1,325 (+68.8%) | +$1,425 (+78.1%) | $3,250 – $3,250 | 1 |
| 2BR | $2,645 | −$1,450 (-35.4%) | −$605 (-18.6%) | $2,645 – $2,645 | 1 |
| 3BR | $3,798 | −$702 (-15.6%) | +$275 (+7.8%) | $3,446 – $4,149 | 2 |
| 4BR | $2,795 | −$6,200 (-68.9%) | −$1,700 (-37.8%) | $2,795 – $2,795 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — December 2021
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,649 | $1,550 | +$1,099 (+70.9%) |
| 1BR | $3,250 | $1,973 | +$1,277 (+64.7%) |
| 2BR | $2,645 | $2,500 | +$145 (+5.8%) |
| 3BR | $3,798 | $3,650 | +$148 (+4.0%) |
| 4BR | $2,795 | $4,161 | −$1,366 (-32.8%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in December 2021.