Monthly Rent Report
Santa Monica Rent Report — February 2022
Asking rents in ZIP 90404, Los Angeles, from 14 listings.
Median 1BR rent in Santa Monica was $3,495 in February 2022, up 34.4% (+$895) from January 2022 and up 90.7% year-over-year. The middle half of 1BR listings asked between $3,145 and $3,765. That puts Santa Monica $1,500 above the Los Angeles citywide 1BR median of $1,995. The month's figures are based on 14 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. February 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,300 | −$719 (-23.8%) | +$200 (+9.5%) | $1,596 – $2,438 | 6 |
| 1BR | $3,495 | +$895 (+34.4%) | +$1,662 (+90.7%) | $3,145 – $3,765 | 3 |
| 2BR | $3,450 | +$555 (+19.2%) | +$555 (+19.2%) | $2,813 – $3,450 | 3 |
| 3BR | $7,099 | +$2,384 (+50.5%) | +$2,349 (+49.5%) | $7,099 – $7,099 | 1 |
| 4BR | $4,980 | −$1,375 (-21.6%) | — | $4,980 – $4,980 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — February 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,300 | $1,500 | +$800 (+53.3%) |
| 1BR | $3,495 | $1,995 | +$1,500 (+75.2%) |
| 2BR | $3,450 | $2,675 | +$775 (+29.0%) |
| 3BR | $7,099 | $3,700 | +$3,399 (+91.9%) |
| 4BR | $4,980 | $4,695 | +$285 (+6.1%) |
Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in February 2022.