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ZIP Code · CA

ZIP 90405

Pop. 27,298·Los Angeles County·283rd most expensive ZIP in California
Median rent (all units)
$3,200/mo
Year-over-Year
+2.4%
Month-over-Month
-3.1%
vs US Median
+$1,238
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 90405 · $3,200
More expensive than 92% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$2,280
1 BR
$2,550
2 BR
$3,180
3 BR
$4,030
4 BR+
$4,490
Research median
$3,180/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: August 17, 2026

Annual cost
$38,400/yr
At $3,200/mo median
Location
StateCA
CountyLos Angeles County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 2.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+2.4% YoY, -3.1% MoM), not inventory.
Demographics

Who lives here

ZIP 90405 (Santa Monica, CA) is majority renter-occupied, has a median income above the national average, 70% of residents hold a bachelor's degree or higher.

Population
27,298
Median income
$121,241
Median age
43.1
Renters
68.6%
Age distribution
16.1%
20.7%
28.9%
15.1%
19.2%
Under 1816.1%
18–3420.7%
35–5428.9%
55–6415.1%
65+19.2%
Gender
45.9%
54.1%
Male45.9%
Female54.1%
Race & ethnicity
70.1%
14.3%
White70.1%
Black5.7%
Hispanic14.3%
Asian7.8%
Other2.1%
Education (25+)
19.2%
70%
No HS diploma4.5%
HS diploma6.3%
Some college19.2%
Bachelor's+70%
Housing tenure
31.4%
68.6%
Owner31.4%
Renter68.6%

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

2021 vs 2026

How ZIP 90405 in Santa Monica, CA has changed in 5 years

Rent
$2,692 → $3,200
up 18.9%
Income
$97,010 → $121,241
up 25.0%
Population
27,367 → 27,298
down 0.3%
Renter share
68.3% → 68.6%
+0.3 pts
Bachelor's+
68.6% → 70%
+1.4 pts
Median age
41.7 → 43.1
+1.4 yrs

Compared with 2021, rent in ZIP 90405 in Santa Monica, CA has climbed by $508 per month, settling near $3,200 after starting the period at $2,692. On the earnings side, the typical household in ZIP 90405 in Santa Monica, CA now reports about $121,241, up from $97,010 in 2021. Income growth outran rent by about 6.1 percentage points, easing the affordability math somewhat compared with 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 90405 in Santa Monica, CA reflects that arc in its own way.

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Local insights

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About renting in ZIP 90405

Last updated: August 17, 2026

ZIP code 90405 covers Santa Monica, CA. The median rent here is $3,200/mo as of August 2026. A 1-bedroom rents for a median of $2,550/mo. A 2-bedroom rents for a median of $3,180/mo.

At 32% of local median household income ($121,241/yr), ZIP 90405 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 90405?

As of August 17, 2026, the median monthly rent in ZIP 90405 (Santa Monica, CA) is $3,200. This is based on aggregated data from public sources and community submissions.

How does ZIP 90405 rent compare to the US average?

ZIP 90405's median rent of $3,200/mo is $1,238 (63%) above the US national median of $1,962/mo.

How does ZIP 90405 compare to other ZIPs in California?

ZIP 90405 is one of the pricier ZIP codes in California, ranking #283 out of 897 ZIPs tracked at $3,200/mo.

How much income do you need to rent in ZIP 90405?

To keep rent at or below 30% of gross income, you would need to earn at least $128,000/year (~$62/hour full-time) to afford the median rent of $3,200/mo in ZIP 90405. The local median household income is $121,241/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 90405?

Rent in ZIP 90405 has increased 2.4% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 90405 an affordable place to rent?

ZIP 90405 is considered moderate for renters. At $3,200/mo, rent takes approximately 32% of the local median household income ($121,241/yr). The standard benchmark is 30%. ZIP 90405 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 90405 residents rent vs. own?

According to Census data, approximately 68.6% of ZIP 90405 households are renters, while 31.4% are owner-occupied. With a majority renter population, ZIP 90405 has a strong rental market.

How does ZIP 90405 compare to the rest of Santa Monica?

ZIP 90405 is more affordable than Santa Monica overall. At $3,200/mo, it's $293 below the Santa Monica citywide median of $3,493/mo.

When was rent data for ZIP 90405 last updated?

Rent data for ZIP 90405 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $3,200/mo, rent takes ~32% of ZIP 90405's median household income ($121,241/yr). The standard benchmark is 30%.

ZIP 90405 32%Benchmark 30%
State income tax1–13.3%
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