Monthly Rent Report
Santa Monica Rent Report — September 2022
Asking rents in ZIP 90404, Los Angeles, from 233 listings.
Median 1BR rent in Santa Monica was $2,748 in September 2022, up 25.2% (+$553) from August 2022 and down 16.9% year-over-year. The middle half of 1BR listings asked between $2,521 and $2,974. That puts Santa Monica $652 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 233 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,469 | $0 (0.0%) | +$789 (+29.4%) | $2,814 – $3,672 | 38 |
| Studio | $3,469 | $0 (0.0%) | +$789 (+29.4%) | $3,040 – $3,684 | 36 |
| 1BR | $2,748 | +$553 (+25.2%) | −$557 (-16.9%) | $2,521 – $2,974 | 2 |
| 1BR | $3,095 | +$900 (+41.0%) | −$210 (-6.4%) | $3,095 – $3,095 | 1 |
| 2BR | $4,675 | −$1,205 (-20.5%) | +$200 (+4.5%) | $3,471 – $5,535 | 92 |
| 2BR | $3,148 | −$2,732 (-46.5%) | −$1,327 (-29.7%) | $2,971 – $3,324 | 2 |
| 3BR | $5,700 | +$250 (+4.6%) | $0 (0.0%) | $4,295 – $6,324 | 61 |
| 3BR | $6,500 | +$1,050 (+19.3%) | +$800 (+14.0%) | $6,500 – $6,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — September 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,469 | $1,695 | +$1,774 (+104.7%) |
| Studio | $3,469 | $1,695 | +$1,774 (+104.7%) |
| 1BR | $2,748 | $2,096 | +$652 (+31.1%) |
| 1BR | $3,095 | $2,096 | +$1,000 (+47.7%) |
| 2BR | $4,675 | $2,882 | +$1,794 (+62.2%) |
| 2BR | $3,148 | $2,882 | +$266 (+9.2%) |
| 3BR | $5,700 | $3,900 | +$1,800 (+46.2%) |
| 3BR | $6,500 | $3,900 | +$2,600 (+66.7%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in September 2022.