Monthly Rent Report
Santa Monica Rent Report — December 2024
Asking rents in ZIP 90404, Los Angeles, from 104 listings.
Median 1BR rent in Santa Monica was $3,375 in December 2024, up 35.5% (+$885) from November 2024 and up 66.7% year-over-year. The middle half of 1BR listings asked between $3,375 and $3,375. That puts Santa Monica $1,308 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 104 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$650 (-28.3%) | +$55 (+3.4%) | $1,650 – $1,650 | 1 |
| 1BR | $3,375 | +$885 (+35.5%) | +$1,350 (+66.7%) | $3,375 – $3,375 | 1 |
| 1BR | $2,600 | +$110 (+4.4%) | +$575 (+28.4%) | $2,490 – $3,538 | 40 |
| 2BR | $3,388 | −$362 (-9.7%) | +$593 (+21.2%) | $2,895 – $3,981 | 50 |
| 2BR | $2,995 | −$755 (-20.1%) | +$200 (+7.2%) | $2,995 – $2,995 | 1 |
| 3BR | $4,995 | +$195 (+4.1%) | −$605 (-10.8%) | $4,995 – $4,995 | 1 |
| 3BR | $4,995 | +$195 (+4.1%) | −$605 (-10.8%) | $3,870 – $5,113 | 8 |
| 4BR | $5,250 | — | — | $5,250 – $5,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Santa Monica vs. Los Angeles — December 2024
| Bedrooms | Santa Monica Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,725 | −$75 (-4.3%) |
| 1BR | $3,375 | $2,068 | +$1,308 (+63.2%) |
| 1BR | $2,600 | $2,068 | +$533 (+25.8%) |
| 2BR | $3,388 | $2,750 | +$638 (+23.2%) |
| 2BR | $2,995 | $2,750 | +$245 (+8.9%) |
| 3BR | $4,995 | $3,995 | +$1,000 (+25.0%) |
| 3BR | $4,995 | $3,995 | +$1,000 (+25.0%) |
| 4BR | $5,250 | $4,900 | +$350 (+7.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.