Monthly Rent Report
Santa Monica Rent Report — October 2024
Asking rents in ZIP 90404, Los Angeles, from 188 listings.
Median 1BR rent in Santa Monica was $2,495 in October 2024, up 8.7% (+$200) from September 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $2,348 and $2,725. That puts Santa Monica $484 above the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 188 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,942 | −$557 (-22.3%) | +$95 (+5.1%) | $1,600 – $1,996 | 15 |
| Studio | $2,999 | +$500 (+20.0%) | +$1,152 (+62.3%) | $2,722 – $3,075 | 68 |
| 1BR | $2,495 | +$200 (+8.7%) | $0 (0.0%) | $2,348 – $2,725 | 23 |
| 1BR | $1,995 | −$300 (-13.1%) | −$500 (-20.0%) | $1,898 – $2,323 | 3 |
| 2BR | $2,950 | +$405 (+15.9%) | −$1,400 (-32.2%) | $2,695 – $3,695 | 54 |
| 2BR | $3,295 | +$750 (+29.5%) | −$1,055 (-24.3%) | $3,295 – $3,295 | 1 |
| 3BR | $4,650 | −$300 (-6.1%) | −$437 (-8.6%) | $3,420 – $4,950 | 18 |
| 3BR | $3,495 | −$1,455 (-29.4%) | −$1,592 (-31.3%) | $3,495 – $3,495 | 1 |
| 4BR | $5,495 | −$755 (-12.1%) | −$455 (-7.6%) | $5,495 – $5,495 | 4 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — October 2024
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,942 | $1,700 | +$242 (+14.2%) |
| Studio | $2,999 | $1,700 | +$1,299 (+76.4%) |
| 1BR | $2,495 | $2,011 | +$484 (+24.1%) |
| 1BR | $1,995 | $2,011 | −$16 (-0.8%) |
| 2BR | $2,950 | $2,727 | +$223 (+8.2%) |
| 2BR | $3,295 | $2,727 | +$568 (+20.8%) |
| 3BR | $4,650 | $3,816 | +$834 (+21.9%) |
| 3BR | $3,495 | $3,816 | −$321 (-8.4%) |
| 4BR | $5,495 | $5,225 | +$270 (+5.2%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.