Monthly Rent Report
Santa Monica Rent Report — October 2022
Asking rents in ZIP 90404, Los Angeles, from 49 listings.
Median 1BR rent in Santa Monica was $2,495 in October 2022, down 19.4% (−$600) from September 2022 and up 21.7% year-over-year. The middle half of 1BR listings asked between $2,145 and $3,098. That puts Santa Monica $399 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 49 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,739 | −$730 (-21.0%) | +$989 (+56.5%) | $2,407 – $3,563 | 7 |
| Studio | $3,634 | +$165 (+4.8%) | +$1,884 (+107.7%) | $3,477 – $3,764 | 7 |
| 1BR | $2,495 | −$600 (-19.4%) | +$445 (+21.7%) | $2,145 – $3,098 | 3 |
| 1BR | $2,695 | −$400 (-12.9%) | +$645 (+31.5%) | $2,695 – $3,650 | 13 |
| 2BR | $2,900 | −$247 (-7.9%) | −$850 (-22.7%) | $2,900 – $2,900 | 1 |
| 2BR | $3,331 | +$183 (+5.8%) | −$419 (-11.2%) | $2,996 – $3,690 | 10 |
| 3BR | $4,775 | −$925 (-16.2%) | +$425 (+9.8%) | $4,050 – $5,500 | 6 |
| 3BR | $4,750 | −$950 (-16.7%) | +$400 (+9.2%) | $4,750 – $4,750 | 1 |
| 4BR | $3,250 | — | −$2,100 (-39.3%) | $3,250 – $3,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — October 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,739 | $1,795 | +$944 (+52.6%) |
| Studio | $3,634 | $1,795 | +$1,839 (+102.5%) |
| 1BR | $2,495 | $2,096 | +$399 (+19.0%) |
| 1BR | $2,695 | $2,096 | +$599 (+28.6%) |
| 2BR | $2,900 | $2,900 | $0 (0.0%) |
| 2BR | $3,331 | $2,900 | +$431 (+14.8%) |
| 3BR | $4,775 | $3,948 | +$828 (+21.0%) |
| 3BR | $4,750 | $3,948 | +$803 (+20.3%) |
| 4BR | $3,250 | $4,838 | −$1,587 (-32.8%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.