Apartment Rent in Santa Monica
Los Angeles, California · CA
Avg 1BR Rent $3,275 /month
Rent by Bedroom Count
Studio $2,625/mo ~619 sq ft $4.24/sq ft
1 Bedroom $3,275/mo ~860 sq ft $3.81/sq ft
2 Bedrooms $5,050/mo ~1247 sq ft $4.05/sq ft
3 Bedrooms $6,125/mo ~1591 sq ft $3.85/sq ft
Market Metrics
Year-over-Year Change +0.4% Stable market
Vacancy Rate 3.2% Very tight supply
Walk Score 59/100 Somewhat Walkable
Transit Score 56/100 Good Transit
What to Budget
At $3,275/mo for a 1-bedroom in Santa Monica, you should budget at least $9,825/mo in gross income (the standard 30% rule). For a studio at $2,625/mo, you'd need roughly $7,875/mo.
Studio income needed $7,875/mo
1BR income needed $9,825/mo
2BR income needed $15,150/mo
Moving to Santa Monica?
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