Monthly Rent Report
Santa Monica Rent Report — June 2022
Asking rents in ZIP 90404, Los Angeles, from 27 listings.
Median 1BR rent in Santa Monica was $3,025 in June 2022, up 33.7% (+$763) from May 2022 and up 40.7% year-over-year. The middle half of 1BR listings asked between $2,688 and $3,363. That puts Santa Monica $1,030 above the Los Angeles citywide 1BR median of $1,996. The month's figures are based on 27 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,275 | +$1,515 (+86.1%) | +$1,525 (+87.1%) | $2,625 – $3,684 | 17 |
| 1BR | $3,025 | +$763 (+33.7%) | +$875 (+40.7%) | $2,688 – $3,363 | 2 |
| 1BR | $2,973 | +$710 (+31.4%) | +$823 (+38.3%) | $2,886 – $3,059 | 2 |
| 2BR | $3,350 | −$747 (-18.2%) | +$255 (+8.2%) | $3,350 – $3,350 | 1 |
| 2BR | $3,295 | −$802 (-19.6%) | +$200 (+6.5%) | $3,295 – $3,295 | 1 |
| 3BR | $6,100 | +$100 (+1.7%) | +$3,205 (+110.7%) | $6,100 – $6,100 | 1 |
| 3BR | $4,295 | −$1,705 (-28.4%) | +$1,400 (+48.4%) | $4,295 – $4,295 | 1 |
| 4BR | $10,000 | +$1,800 (+22.0%) | — | $10,000 – $10,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — June 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,275 | $1,600 | +$1,675 (+104.7%) |
| 1BR | $3,025 | $1,996 | +$1,030 (+51.6%) |
| 1BR | $2,973 | $1,996 | +$977 (+49.0%) |
| 2BR | $3,350 | $2,800 | +$550 (+19.6%) |
| 2BR | $3,295 | $2,800 | +$495 (+17.7%) |
| 3BR | $6,100 | $4,150 | +$1,950 (+47.0%) |
| 3BR | $4,295 | $4,150 | +$145 (+3.5%) |
| 4BR | $10,000 | $5,150 | +$4,850 (+94.2%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in June 2022.