Monthly Rent Report
Santa Monica Rent Report — August 2022
Asking rents in ZIP 90404, Los Angeles, from 91 listings.
Median 1BR rent in Santa Monica was $2,550 in August 2022, down 23.9% (−$800) from July 2022 and up 32.5% year-over-year. The middle half of 1BR listings asked between $2,550 and $2,550. That puts Santa Monica $455 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 91 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,469 | +$1,719 (+98.2%) | +$1,569 (+82.6%) | $1,625 – $3,894 | 41 |
| Studio | $1,395 | −$355 (-20.3%) | −$505 (-26.6%) | $1,395 – $1,395 | 10 |
| 1BR | $2,550 | −$800 (-23.9%) | +$625 (+32.5%) | $2,550 – $2,550 | 1 |
| 1BR | $2,195 | −$1,155 (-34.5%) | +$270 (+14.0%) | $2,195 – $2,195 | 1 |
| 2BR | $5,880 | +$1,330 (+29.2%) | +$2,980 (+102.8%) | $5,880 – $5,880 | 1 |
| 2BR | $6,000 | +$1,450 (+31.9%) | +$3,100 (+106.9%) | $6,000 – $6,000 | 1 |
| 3BR | $6,100 | −$1,100 (-15.3%) | +$1,150 (+23.2%) | $5,950 – $6,349 | 33 |
| 3BR | $5,450 | −$1,750 (-24.3%) | +$500 (+10.1%) | $5,450 – $5,450 | 1 |
| 4BR | $6,250 | — | +$1,550 (+33.0%) | $6,250 – $6,250 | 1 |
| 4BR | $7,900 | — | +$3,200 (+68.1%) | $7,900 – $7,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — August 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,469 | $1,773 | +$1,697 (+95.7%) |
| Studio | $1,395 | $1,773 | −$377 (-21.3%) |
| 1BR | $2,550 | $2,095 | +$455 (+21.7%) |
| 1BR | $2,195 | $2,095 | +$100 (+4.8%) |
| 2BR | $5,880 | $2,880 | +$3,000 (+104.2%) |
| 2BR | $6,000 | $2,880 | +$3,120 (+108.3%) |
| 3BR | $6,100 | $3,795 | +$2,305 (+60.7%) |
| 3BR | $5,450 | $3,795 | +$1,655 (+43.6%) |
| 4BR | $6,250 | $5,200 | +$1,050 (+20.2%) |
| 4BR | $7,900 | $5,200 | +$2,700 (+51.9%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.