Rents are 3% below what Santa Monica's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: June 22, 2026
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Who lives here
Santa Monica, CA is majority renter-occupied, has a median income above the national average, 70.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Santa Monica, CA has changed in 5 years
Compared with 2021, rent in Santa Monica, CA has increased by $705 per month, settling near $3,596 after starting the period at $2,891. Household income in the area moved from $99,847 to $114,885 across the same window, up 15.1% versus 2021. Rent outpaced income growth by roughly 9.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 92,828 to 91,169 between 2021 and 2024, a 1.8% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 67.8% to 70.7%. Reading these numbers side by side helps frame whether current listings in Santa Monica, CA look reasonable against where the market sat half a decade ago.
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Can you afford rent in Santa Monica on your salary?
At $3,596/mo, how Santa Monica rent compares to typical pay (30% rule).
Santa Monica rent by bedroom count
Median rent for each apartment size in Santa Monica. Click any size for full breakdown.
Tips for renters in Santa Monica
Last updated: June 22, 2026
The median rent in Santa Monica is $3,596/mo as of June 2026. A studio apartment averages $2,352/mo while a 2-bedroom runs $3,328/mo. One-bedroom apartments average $2,638/mo and 3-bedroom units go for $4,230/mo.
At 38% of local median household income ($114,885/yr), Santa Monica ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.4% over the past year.
Frequently asked questions
Is Santa Monica an affordable city for renters?
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Is rent going up or down in Santa Monica?
Which Santa Monica neighborhoods have the lowest rent?
How does Santa Monica rent compare to other cities in California?
Which nearby cities are cheaper to rent in than Santa Monica?
What percentage of Santa Monica residents rent vs. own?
How does Santa Monica rent compare to the national average?
At $3,596/mo, rent takes ~38% of Santa Monica's median household income ($114,885/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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