Monthly Rent Report
Santa Monica Rent Report — December 2022
Asking rents in ZIP 90404, Los Angeles, from 164 listings.
Median 1BR rent in Santa Monica was $3,800 in December 2022, down 3.8% (−$150) from November 2022 and up 16.9% year-over-year. The middle half of 1BR listings asked between $3,800 and $3,800. That puts Santa Monica $1,708 above the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 164 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | −$1,355 (-40.4%) | −$654 (-24.7%) | $1,725 – $3,273 | 12 |
| Studio | $1,995 | −$1,355 (-40.4%) | −$654 (-24.7%) | $1,995 – $1,995 | 1 |
| 1BR | $3,800 | −$150 (-3.8%) | +$550 (+16.9%) | $3,800 – $3,800 | 1 |
| 1BR | $3,250 | −$700 (-17.7%) | $0 (0.0%) | $2,595 – $3,935 | 58 |
| 2BR | $3,295 | −$1,002 (-23.3%) | +$650 (+24.6%) | $3,295 – $3,295 | 2 |
| 2BR | $3,898 | −$400 (-9.3%) | +$1,253 (+47.4%) | $3,450 – $5,489 | 62 |
| 3BR | $6,160 | +$422 (+7.4%) | +$2,363 (+62.2%) | $5,100 – $6,850 | 25 |
| 3BR | $6,200 | +$462 (+8.1%) | +$2,403 (+63.3%) | $6,200 – $6,200 | 1 |
| 4BR | $5,750 | — | +$2,955 (+105.7%) | $5,750 – $5,750 | 1 |
| 4BR | $5,750 | — | +$2,955 (+105.7%) | $5,750 – $5,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — December 2022
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,795 | +$200 (+11.1%) |
| Studio | $1,995 | $1,795 | +$200 (+11.1%) |
| 1BR | $3,800 | $2,093 | +$1,708 (+81.6%) |
| 1BR | $3,250 | $2,093 | +$1,158 (+55.3%) |
| 2BR | $3,295 | $2,795 | +$500 (+17.9%) |
| 2BR | $3,898 | $2,795 | +$1,103 (+39.4%) |
| 3BR | $6,160 | $4,145 | +$2,015 (+48.6%) |
| 3BR | $6,200 | $4,145 | +$2,055 (+49.6%) |
| 4BR | $5,750 | $4,998 | +$753 (+15.1%) |
| 4BR | $5,750 | $4,998 | +$753 (+15.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.