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ZIP Code · CA

ZIP 90403

Pop. 23,867·Los Angeles County·177th most expensive ZIP in California
Median rent (all units)
$3,560/mo
Year-over-Year
-5.0%
Month-over-Month
-3.1%
vs US Median
+$1,595
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 90403 · $3,560
More expensive than 95% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,630
1 BR
$2,940
2 BR
$3,670
3 BR
$4,650
4 BR+
$5,180
Research median
$3,670/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$42,720/yr
At $3,560/mo median
Location
StateCA
CountyLos Angeles County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.0% YoY, -3.1% MoM), not inventory.
Demographics

Who lives here

ZIP 90403 (Santa Monica, CA) is majority renter-occupied, has a large retiree population, has a median income above the national average, 75.7% of residents hold a bachelor's degree or higher.

Population
23,867
Median income
$121,925
Median age
44.2
Renters
73.8%
Age distribution
12.1%
22.5%
30%
15.1%
20.3%
Under 1812.1%
18–3422.5%
35–5430%
55–6415.1%
65+20.3%
Gender
46.1%
53.9%
Male46.1%
Female53.9%
Race & ethnicity
67.9%
White67.9%
Black2.8%
Hispanic11.5%
Asian11.4%
Other6.4%
Education (25+)
14.4%
75.7%
No HS diploma3.3%
HS diploma6.6%
Some college14.4%
Bachelor's+75.7%
Housing tenure
26.2%
73.8%
Owner26.2%
Renter73.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 90403 in Santa Monica, CA has changed in 5 years

Rent
$3,109 → $3,560
up 14.5%
Income
$113,204 → $121,925
up 7.7%
Population
24,525 → 23,867
down 2.7%
Renter share
74.5% → 73.8%
-0.7 pts
Bachelor's+
71.7% → 75.7%
+4.0 pts

Five years ago, renters in ZIP 90403 in Santa Monica, CA paid around $3,109 a month. That figure now sits near $3,560, up 14.5% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $113,204 in 2021 to $121,925 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 90403 in Santa Monica, CA losing about 658 residents over the five-year window, down 2.7% on net. Bachelor's-degree-or-higher attainment moved from 71.7% to 75.7% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 90403 in Santa Monica, CA market of 2021.

Community

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Local insights

Tips for renters in ZIP 90403

About renting in ZIP 90403

Last updated: July 20, 2026

ZIP code 90403 covers Santa Monica, CA. The median rent here is $3,560/mo as of July 2026. A 1-bedroom rents for a median of $2,940/mo. A 2-bedroom rents for a median of $3,670/mo.

At 35% of local median household income ($121,925/yr), ZIP 90403 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 5.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 90403?

As of July 20, 2026, the median monthly rent in ZIP 90403 (Santa Monica, CA) is $3,560. This is based on aggregated data from public sources and community submissions.

How does ZIP 90403 rent compare to the US average?

ZIP 90403's median rent of $3,560/mo is $1,595 (81%) above the US national median of $1,965/mo.

How does ZIP 90403 compare to other ZIPs in California?

ZIP 90403 is one of the pricier ZIP codes in California, ranking #177 out of 907 ZIPs tracked at $3,560/mo.

How much income do you need to rent in ZIP 90403?

To keep rent at or below 30% of gross income, you would need to earn at least $142,000/year (~$68/hour full-time) to afford the median rent of $3,560/mo in ZIP 90403. The local median household income is $121,925/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 90403?

Rent in ZIP 90403 has decreased 5.0% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 90403 an affordable place to rent?

ZIP 90403 is considered moderate for renters. At $3,560/mo, rent takes approximately 35% of the local median household income ($121,925/yr). The standard benchmark is 30%. ZIP 90403 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 90403 residents rent vs. own?

According to Census data, approximately 73.8% of ZIP 90403 households are renters, while 26.2% are owner-occupied. With a majority renter population, ZIP 90403 has a strong rental market.

How does ZIP 90403 compare to the rest of Santa Monica?

ZIP 90403 is pricier than Santa Monica as a whole. At $3,560/mo, it's $43 above the Santa Monica citywide median of $3,517/mo.

When was rent data for ZIP 90403 last updated?

Rent data for ZIP 90403 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
35%
MODERATE

At $3,560/mo, rent takes ~35% of ZIP 90403's median household income ($121,925/yr). The standard benchmark is 30%.

ZIP 90403 35%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 90403 (Santa Monica, CA)

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