Monthly Rent Report
Santa Monica Rent Report — November 2022
Asking rents in ZIP 90404, Los Angeles, from 96 listings.
Median 1BR rent in Santa Monica was $3,950 in November 2022, up 58.3% (+$1,455) from October 2022 and up 105.2% year-over-year. The middle half of 1BR listings asked between $3,950 and $3,950. That puts Santa Monica $1,884 above the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 96 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,350 | +$611 (+22.3%) | +$1,600 (+91.4%) | $3,044 – $3,634 | 48 |
| Studio | $3,305 | +$566 (+20.7%) | +$1,555 (+88.9%) | $3,275 – $3,499 | 11 |
| 1BR | $3,950 | +$1,455 (+58.3%) | +$2,025 (+105.2%) | $3,950 – $3,950 | 1 |
| 1BR | $2,250 | −$245 (-9.8%) | +$325 (+16.9%) | $2,250 – $3,400 | 5 |
| 2BR | $4,298 | +$1,398 (+48.2%) | +$203 (+4.9%) | $4,195 – $4,571 | 10 |
| 2BR | $3,500 | +$600 (+20.7%) | −$595 (-14.5%) | $2,995 – $3,500 | 5 |
| 3BR | $7,200 | +$2,425 (+50.8%) | +$2,700 (+60.0%) | $4,645 – $7,200 | 5 |
| 3BR | $5,738 | +$963 (+20.2%) | +$1,238 (+27.5%) | $5,738 – $5,738 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — November 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,350 | $1,695 | +$1,655 (+97.6%) |
| Studio | $3,305 | $1,695 | +$1,610 (+95.0%) |
| 1BR | $3,950 | $2,066 | +$1,884 (+91.2%) |
| 1BR | $2,250 | $2,066 | +$184 (+8.9%) |
| 2BR | $4,298 | $2,873 | +$1,425 (+49.6%) |
| 2BR | $3,500 | $2,873 | +$628 (+21.8%) |
| 3BR | $7,200 | $3,700 | +$3,500 (+94.6%) |
| 3BR | $5,738 | $3,700 | +$2,038 (+55.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.