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3 Bedroom Apartments for Rent in Santa Monica, CA - 10 Rentals available

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Santa Monica, CA Demographics

  • Total Population92,169
  • Female 44,537
    Male 47,632
  • Median Age40.5

Average Rent in Santa Monica, CA

  • Santa Monica, CA Average Rental Price, January 2019$3,703/mo

Santa Monica, CA Apartment Rent Ranges

  • $1,001-$1,5004%
  • $1,501-$2,0006%
  • > $2,00090%

Santa Monica, CA Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jan / 2019
Santa Monica, CA $3,359 $3,480 $3,323 $3,359 $3,405 $3,375 $3,404 $3,685 $3,703
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Santa Monica, CA Households

  • Total Number of Households46,688
  • Family 17,918
    Non-family 28,770
  • Children 7,594
    No Children 39,094
  • Average People Per Household1.94
  • Median Household Income$76,580
  • Median Housing Costs Per Month$1,722

Santa Monica, CA Education Statistics

  • No High School2%
  • Some High School13%
  • Some College18%
  • Associate Degree5%
  • Bachelor Degree37%
  • Graduate Degree26%

Renting a 3 bedroom apartment in Santa Monica, CA

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,050 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Santa Monica, CA, rents on 3 bedroom apartments go up to $3,500. 10 rental properties offer 3 bedroom units in Santa Monica, CA to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Santa Monica, CA

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $3,500 in Santa Monica, CA, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Wilshire - Montana or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.