Rentometer, Inc. | Data as of 10/23/2025
Santa Monicaâs rental market blends coastal charm with vibrant urban amenities, offering a diverse array of housing options for professionals, families, and seasonal visitors alike. The cityâs iconic beachfront, the historic Santa Monica Pier, and the bustling ThirdâŻStreet Promenade create a lively backdrop for residents who value both recreation and convenience. Neighborhoods such as OceanâŻPark, PicoâŻDistrict, and the upscale Downtown area each provide distinct vibesâfrom relaxed, walkâtoâtheâbeach living to trendy, boutiqueâstyle apartments surrounded by cafes, art galleries, and boutique shops. Excellent transit connections, topârated schools, and proximity to major tech hubs make Santa Monica a soughtâafter destination for renters seeking a balanced lifestyle on the West Coast.
Rental offerings span from modern studios to spacious multiâbedroom homes, catering to a wide range of preferences and budgets. Studio apartments typically rent in the $2600 range, while oneâbedroom units hover around the $3200 range, reflecting the cityâs premium location and highâquality finishes. Twoâbedroom apartments often fall within the midâ$4,000 to $5,000 bracket, and threeâbedroom units can reach the $6,000 range. For those desiring the privacy and space of a house, studio and oneâbedroom homes are generally priced in the $3,000â$3,600 range, with larger housesâespecially those with three or more bedroomsâcommanding midâ$5,000 to $9,000 rents, and exclusive fourâplusâbedroom estates approaching the $20,000 tier. This spectrum of pricing underscores Santa Monicaâs ability to accommodate both entryâlevel renters and those seeking upscale, familyâfriendly residences, all within a vibrant, coastal community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,637 | $2,725 | $850 - $4,600 | $2,099 - $3,100 |
| Apartment | 1 Bedroom | $3,256 | $3,350 | $575 - $7,139 | $2,550 - $3,995 |
| Apartment | 2 Bedroom | $4,399 | $4,000 | $850 - $14,510 | $3,394 - $5,269 |
| Apartment | 3 Bedroom | $6,592 | $5,200 | $4,050 - $13,995 | $4,995 - $6,899 |
| House | Studio | $2,907 | $2,137 | $1,775 - $6,500 | $1,900 - $2,995 |
| House | 1 Bedroom | $3,697 | $3,600 | $1,950 - $7,800 | $2,850 - $4,200 |
| House | 2 Bedroom | $5,436 | $5,490 | $716 - $9,995 | $4,500 - $6,400 |
| House | 3 Bedroom | $9,212 | $8,375 | $4,800 - $18,000 | $6,500 - $11,500 |
| House | 4+ Bedroom | $20,523 | $18,500 | $6,350 - $50,000 | $12,750 - $22,090 |
In the current period, the average rent in Santa Monica was $2,666 for Studio, $3,327 for 1 Bedroom, $4,706 for 2 Bedroom, $8,230 for 3 Bedroom, and $20,832 for 4+ Bedroom.
Data provided by Rentometer, Inc.