Apartments for rent – RentCafe
  • Rental Type
    Santa Monica Apartments Self Storage in Santa Monica
  • Santa Monica Average Rent
  • Blog
  • Calculators
    Rent Calculator Cost of Living Calculator
Login
  • Guest Login
  • Resident Login
  • Manager Login

Santa Monica, CA Rental Market Trends

What is the average rent in Santa Monica?

The average rent for an apartment in Santa Monica is $3,940. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Santa Monica, CA

Last updated July 2023
Average Rent Average Apartment Size
$3,940 769 sq. ft.

What is the average apartment size in Santa Monica?

The average size for a Santa Monica, CA apartment is 769 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Santa Monica, CA apartment rent ranges

Santa Monica, CA Occupied Housing Units

33,344 or 71% of the households in Santa Monica, CA are renter-occupied while 13,320 or 29% are owner-occupied.

Santa Monica, CA rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Santa Monica, CA By Neighborhood

North of Montana
$4,759
Downtown Santa Monica
$4,233
Mid-City Santa Monica
$4,193
Pico
$3,984
Ocean Park
$3,646
Sunset Park
$3,646
Wilshire - Montana
$3,406
Neighborhood Average Rent
North of Montana $4,759
Downtown Santa Monica $4,233
Mid-City Santa Monica $4,193
Pico $3,984
Ocean Park $3,646
Sunset Park $3,646
Wilshire - Montana $3,406
/

What are the most affordable neighborhoods in Santa Monica?

The most affordable neighborhoods in Santa Monica are Wilshire - Montana, where the average rent goes for $3,406/month, Ocean Park, where renters pay $3,646/mo on average, and Sunset Park, where the average rent goes for $3,646/mo. If you’re looking for other great deals, check out the listings from Pico ($3,984), Mid-City Santa Monica ($4,193), and Downtown Santa Monica ($4,233), where the asking prices are below the average Santa Monica rent of $3,940/mo.

What are the most expensive neighborhoods in Santa Monica?

The most expensive neighborhoods in Santa Monica are Mid-City Santa Monica ($4,193), Downtown Santa Monica ($4,233) and North of Montana ($4,759).

What are the most popular neighborhoods in Santa Monica?

The most popular neighborhood in Santa Monica is Wilshire - Montana, where there are 21 listings with an average rent of $3,406. Next up is Mid-City Santa Monica, where apartments go for $4,193/month, followed by Downtown Santa Monica with $4,233 If you’re looking to rent in Santa Monica’s most popular neighborhoods, make sure to also check out Ocean Park, where renters pay $3,646 on average, and Sunset Park, where the average monthly rent is $3,646.

Santa Monica | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Downtown Santa Monica is 1% higher than in Mid-City Santa Monica

$4,233

Downtown Santa Monica rent is 7% higher than Santa Monica average

Average Rent $4,233
$4,193

Mid-City Santa Monica rent is 6% higher than Santa Monica average

Average Rent $4,193

How Santa Monica Compares to Other Cities

City Average Rent
Los Angeles $2,742
San Francisco $3,336
East Bay $2,570
San Diego $3,016
Long Beach $2,579
Sacramento $1,856
San Jose $3,021
Oakland $2,790
Fresno $1,547
Inglewood $2,570
Santa Monica $3,940
Hawthorne $1,807
West Hollywood $3,387
Anaheim $2,311
Pasadena $3,018
Burbank $2,792
Santa Ana $2,540
Glendale $1,486
Costa Mesa $2,655
Huntington Beach $2,716
Torrance $2,429

What is the average price for a storage unit in Santa Monica?

The average rent for a non-climate-controlled 10'x10' storage unit in Santa Monica is $562.75. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.

Most Popular Apartments in Santa Monica

Santa-Monica-Luxury-Apartments-1548-6th-elegant-interior
Today

NMS 1548 Sixth

1548 6Th Street, Santa Monica, CA 90401
3 Units available
1 BED $3,395+
2 BEDS $4,095
Kitchen with Stainless Steel Appliances and White Cabinets
Today

Santa Monica Sandpiper

1115 Fifth St., Santa Monica, CA 90403
1 BED $2,995
2 BEDS Ask for Pricing
Kitchen
Today

Catherine

1625 Lincoln Blvd., Santa Monica, CA 90404
Studio $3,350+
1 BED $3,474+
2+ BEDS $4,814+
Sea Castle by Windsor Santa Monica, CA
Today

Sea Castle

1725 Ocean Front Walk, Santa Monica, CA 90401
Studio $3,210+
1 BED $3,040+
View more properties
  • Home
  • Average Rent in the U.S.
  • Average Rent in Santa Monica, CA
  • About Us
  • Contact Us
  • FAQ
  • How it Works
  • Advertise with RentCafe
  • Privacy Policy
  • Terms
  • Mobile App
  • RentCafe Blog
  • RentCafe Sitemap
  • Accessibility Statement
canada logo RentCafe Canada
equal housing opportunity © 2023 - Yardi Systems Inc. All Rights Reserved.