Monthly Rent Report
Santa Monica Rent Report — November 2024
Asking rents in ZIP 90404, Los Angeles, from 89 listings.
Median 1BR rent in Santa Monica was $2,000 in November 2024, down 19.8% (−$495) from October 2024 and down 4.5% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Santa Monica $73 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 89 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,300 | −$699 (-23.3%) | +$505 (+28.1%) | $2,300 – $2,300 | 1 |
| Studio | $1,495 | −$1,504 (-50.2%) | −$300 (-16.7%) | $1,495 – $1,565 | 4 |
| 1BR | $2,000 | −$495 (-19.8%) | −$95 (-4.5%) | $2,000 – $2,000 | 1 |
| 1BR | $2,490 | −$5 (-0.2%) | +$395 (+18.9%) | $2,020 – $2,795 | 46 |
| 2BR | $3,395 | +$445 (+15.1%) | +$23 (+0.7%) | $3,125 – $3,496 | 28 |
| 2BR | $3,750 | +$800 (+27.1%) | +$378 (+11.2%) | $3,750 – $3,750 | 1 |
| 3BR | $4,800 | +$150 (+3.2%) | −$549 (-10.3%) | $3,795 – $4,800 | 5 |
| 3BR | $4,800 | +$150 (+3.2%) | −$549 (-10.3%) | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — November 2024
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,300 | $1,750 | +$550 (+31.4%) |
| Studio | $1,495 | $1,750 | −$255 (-14.6%) |
| 1BR | $2,000 | $2,073 | −$72 (-3.5%) |
| 1BR | $2,490 | $2,073 | +$418 (+20.1%) |
| 2BR | $3,395 | $2,850 | +$545 (+19.1%) |
| 2BR | $3,750 | $2,850 | +$900 (+31.6%) |
| 3BR | $4,800 | $3,895 | +$905 (+23.2%) |
| 3BR | $4,800 | $3,895 | +$905 (+23.2%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.