Monthly Rent Report
Santa Monica Rent Report — September 2024
Asking rents in ZIP 90405, Los Angeles, from 110 listings.
Median 1BR rent in Santa Monica was $2,595 in September 2024, up 11.6% (+$270) from August 2024 and up 8.4% year-over-year. The middle half of 1BR listings asked between $2,498 and $2,595. That puts Santa Monica $597 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 110 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$305 (+17.0%) | −$822 (-28.1%) | $1,873 – $2,373 | 67 |
| Studio | $1,895 | +$100 (+5.6%) | −$1,027 (-35.2%) | $1,895 – $1,895 | 2 |
| 1BR | $2,595 | +$270 (+11.6%) | +$200 (+8.4%) | $2,498 – $2,595 | 3 |
| 1BR | $2,360 | +$35 (+1.5%) | −$35 (-1.5%) | $2,360 – $2,600 | 14 |
| 2BR | $3,595 | $0 (0.0%) | +$595 (+19.8%) | $3,115 – $4,295 | 3 |
| 2BR | $3,495 | −$100 (-2.8%) | +$495 (+16.5%) | $3,495 – $4,095 | 5 |
| 3BR | $3,095 | −$400 (-11.4%) | −$6,030 (-66.1%) | $3,095 – $3,095 | 1 |
| 4BR | $12,250 | +$1,250 (+11.4%) | +$1,755 (+16.7%) | $6,871 – $16,125 | 14 |
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 | $2,100 | $1,755 | +$345 (+19.7%) |
| Studio | $1,895 | $1,755 | +$140 (+8.0%) |
| 1BR | $2,595 | $1,999 | +$597 (+29.8%) |
| 1BR | $2,360 | $1,999 | +$362 (+18.1%) |
| 2BR | $3,595 | $2,795 | +$800 (+28.6%) |
| 2BR | $3,495 | $2,795 | +$700 (+25.0%) |
| 3BR | $3,095 | $3,850 | −$755 (-19.6%) |
| 4BR | $12,250 | $4,995 | +$7,255 (+145.2%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.