Monthly Rent Report
Santa Monica Rent Report — September 2024
Asking rents in ZIP 90404, Los Angeles, from 78 listings.
Median 1BR rent in Santa Monica was $2,225 in September 2024, down 1.1% (−$25) from August 2024 and down 27.1% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,263. That puts Santa Monica $227 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 78 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,499 | +$649 (+35.1%) | +$399 (+19.0%) | $1,845 – $3,125 | 45 |
| 1BR | $2,225 | −$25 (-1.1%) | −$826 (-27.1%) | $2,200 – $2,263 | 16 |
| 1BR | $2,295 | +$45 (+2.0%) | −$756 (-24.8%) | $2,195 – $2,345 | 3 |
| 2BR | $2,545 | −$450 (-15.0%) | −$2,955 (-53.7%) | $2,195 – $3,543 | 6 |
| 2BR | $3,295 | +$300 (+10.0%) | −$2,205 (-40.1%) | $3,030 – $3,345 | 3 |
| 3BR | $4,950 | +$455 (+10.1%) | −$645 (-11.5%) | $4,950 – $4,950 | 1 |
| 4BR | $6,250 | +$425 (+7.3%) | — | $6,250 – $6,250 | 1 |
| 4BR | $6,250 | +$425 (+7.3%) | — | $6,250 – $6,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — September 2024
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,499 | $1,755 | +$744 (+42.4%) |
| 1BR | $2,225 | $1,999 | +$227 (+11.3%) |
| 1BR | $2,295 | $1,999 | +$297 (+14.8%) |
| 2BR | $2,545 | $2,795 | −$250 (-8.9%) |
| 2BR | $3,295 | $2,795 | +$500 (+17.9%) |
| 3BR | $4,950 | $3,850 | +$1,100 (+28.6%) |
| 4BR | $6,250 | $4,995 | +$1,255 (+25.1%) |
| 4BR | $6,250 | $4,995 | +$1,255 (+25.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.