Monthly Rent Report
Santa Monica Rent Report — July 2022
Asking rents in ZIP 90404, Los Angeles, from 51 listings.
Median 1BR rent in Santa Monica was $2,995 in July 2022, up 0.8% (+$23) from June 2022 and up 19.8% year-over-year. The middle half of 1BR listings asked between $2,995 and $2,995. That puts Santa Monica $895 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 51 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,634 | +$359 (+11.0%) | +$355 (+10.8%) | $3,040 – $3,907 | 35 |
| Studio | $1,750 | −$1,525 (-46.6%) | −$1,529 (-46.6%) | $1,750 – $1,750 | 1 |
| 1BR | $2,995 | +$23 (+0.8%) | +$495 (+19.8%) | $2,995 – $2,995 | 1 |
| 1BR | $3,350 | +$378 (+12.7%) | +$850 (+34.0%) | $3,350 – $3,350 | 1 |
| 2BR | $4,550 | +$1,200 (+35.8%) | +$1,775 (+64.0%) | $4,550 – $4,550 | 1 |
| 2BR | $3,600 | +$250 (+7.5%) | +$825 (+29.7%) | $3,600 – $3,600 | 1 |
| 3BR | $7,200 | +$1,100 (+18.0%) | +$2,035 (+39.4%) | $6,500 – $7,800 | 9 |
| 3BR | $3,295 | −$2,805 (-46.0%) | −$1,870 (-36.2%) | $3,295 – $3,295 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — July 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,634 | $1,695 | +$1,939 (+114.4%) |
| Studio | $1,750 | $1,695 | +$55 (+3.2%) |
| 1BR | $2,995 | $2,100 | +$895 (+42.6%) |
| 1BR | $3,350 | $2,100 | +$1,250 (+59.5%) |
| 2BR | $4,550 | $2,995 | +$1,555 (+51.9%) |
| 2BR | $3,600 | $2,995 | +$605 (+20.2%) |
| 3BR | $7,200 | $3,900 | +$3,300 (+84.6%) |
| 3BR | $3,295 | $3,900 | −$605 (-15.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.