Monthly Rent Report
Santa Monica Rent Report — December 2024
Asking rents in ZIP 90405, Los Angeles, from 94 listings.
Median 1BR rent in Santa Monica was $2,695 in December 2024, up 3.9% (+$100) from November 2024 and down 23.0% year-over-year. The middle half of 1BR listings asked between $2,450 and $3,750. That puts Santa Monica $628 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 94 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,199 | +$99 (+4.7%) | +$249 (+12.8%) | $2,150 – $3,045 | 5 |
| Studio | $1,775 | −$325 (-15.5%) | −$175 (-9.0%) | $1,775 – $1,775 | 1 |
| 1BR | $2,695 | +$100 (+3.9%) | −$805 (-23.0%) | $2,450 – $3,750 | 37 |
| 1BR | $3,048 | +$453 (+17.4%) | −$452 (-12.9%) | $3,021 – $3,074 | 2 |
| 2BR | $3,500 | $0 (0.0%) | +$505 (+16.9%) | $3,295 – $4,595 | 37 |
| 2BR | $3,595 | +$95 (+2.7%) | +$600 (+20.0%) | $3,492 – $3,695 | 3 |
| 3BR | $4,975 | −$1,275 (-20.4%) | +$1,680 (+51.0%) | $4,600 – $4,975 | 5 |
| 3BR | $4,995 | −$1,255 (-20.1%) | +$1,700 (+51.6%) | $4,995 – $4,995 | 1 |
| 4BR | $1,850 | −$12,150 (-86.8%) | −$15,050 (-89.1%) | $1,850 – $1,850 | 1 |
| 4BR | $1,850 | −$12,150 (-86.8%) | −$15,050 (-89.1%) | $1,850 – $1,850 | 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 | $2,199 | $1,725 | +$474 (+27.5%) |
| Studio | $1,775 | $1,725 | +$50 (+2.9%) |
| 1BR | $2,695 | $2,068 | +$628 (+30.4%) |
| 1BR | $3,048 | $2,068 | +$980 (+47.4%) |
| 2BR | $3,500 | $2,750 | +$750 (+27.3%) |
| 2BR | $3,595 | $2,750 | +$845 (+30.7%) |
| 3BR | $4,975 | $3,995 | +$980 (+24.5%) |
| 3BR | $4,995 | $3,995 | +$1,000 (+25.0%) |
| 4BR | $1,850 | $4,900 | −$3,050 (-62.2%) |
| 4BR | $1,850 | $4,900 | −$3,050 (-62.2%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.