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Santa Monica, CA Homes for Rent

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  • /29

    Starting at $3,231

    Total Monthly Price

    • Studio - 2 Beds

    1519 6th St, Santa Monica, CA 90401

    Welcome to Living at Santa Monica — a collection of unique apartment communities near the Santa Monica pier, Third Street Promenade, beaches, and endless entertainment. Each building embodies an eclectic architectural style to complement your personality. Check out our website to find the community that's calling your name!

    Living at Santa Monica

    1519 6th St, Santa Monica, CA 90401
  • /30

    $6,999 Per Month

    • 3 Beds
    • 3 Baths
    • 1,839 Sq Ft
    • Condo for Rent

    2311 Schader Dr Unit 107, Santa Monica, CA 90404

    Welcome home to this beautifully renovated townhouse-style corner condo in the heart of Santa Monica. Filled with natural light, this private end unit offers modern finishes and a spacious, comfortable layout. The completely remodeled interior features a brand-new kitchen with stylish cabinetry, updated countertops, and contemporary finishes, along with gorgeous new wood flooring throughout.

    Agent Photo

    Michelle Schwartz

    The Agency

    2311 Schader Dr Unit 107, Santa Monica, CA 90404
  • /43

    Starting at $2,899

    Total Monthly Price

    • Studio - 3 Beds

    1641 Lincoln Blvd, Santa Monica, CA 90404

    Welcome to Junction, a vibrant apartment community offering the perfect blend of comfort and convenience. Located in the heart of the city, Junction?provides easy access to popular local spots like trendy cafes, acclaimed restaurants, and exciting shopping destinations. Enjoy dining at nearby favorites such as The Grove Kitchen & Bar or indulge in fresh, locally sourced meals at Green Light

    Junction Santa Monica

    1641 Lincoln Blvd, Santa Monica, CA 90404
  • /25

    $4,300 Per Month

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Apartment for Rent

    1122 9th St Unit 2, Santa Monica, CA 90403

    Located North of Wilshire in the heart of Santa Monica, this 2 bedroom/2bath unit has what you need. Fully renovated from top to bottom and just minutes from 3rd Street Promenade and beautiful Santa Monica beaches. This unit features stainless steel appliances, polished quartz kitchen countertops, grey geometric ceramic tile, laminate wood flooring, and white shaker cabinets for extra storage

    Agent Photo

    Latoria Williams

    Bright Star Estates, Inc.

    1122 9th St Unit 2, Santa Monica, CA 90403
  • /70

    Starting at $3,141

    Total Monthly Price

    • Studio - 2 Beds

    525 Broadway, Santa Monica, CA 90401

    A chic pool scene, boutique hotel-inspired lounges, quite enclaves, social gatherings, places to gather, retreat or work. Water, sun, salt, shade. All styled and curated by a renowned Santa Monica design team who has also created some of the most A-list night and dining destinations in Los Angeles and beyond. It’s a merging of California beach culture, natural materials, high design and a splash

    Sway

    525 Broadway, Santa Monica, CA 90401
  • /11

    $2,300 Per Month

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    435 1/2 Raymond Ave, Santa Monica, CA 90405

    Nestled in the highly sought-after Ocean Park neighborhood of Santa Monica, this bright and inviting upper-level one bedroom, one bath home offers the perfect blend of coastal living and classic character. Ideally located just moments from the beach and the vibrant shops, cafes, and restaurants along Main Street, you'll enjoy one of Santa Monica's most desirable and walkable communities. Located

    Agent Photo

    Edward Wynn

    Compass

    435 1/2 Raymond Ave, Santa Monica, CA 90405
  • /9

    Starting at $2,916

    Total Monthly Price

    • Studio - 3 Beds

    501 Broadway, Santa Monica, CA 90401

    Three distinct properties, one shared spirit. Santa Monica Collection embraces a harmonious way of being, from our well-appointed residences to our laid-back yet refined amenity spaces. Choose from our distinct buildings, each with its own character, yet all united by an effortless, uplifting lifestyle.Greystar California, Inc. dba Greystar Corp. License No. 1525765. Broker: Gerard S. Donohue

    Santa Monica Collection - 501 Broadway

    501 Broadway, Santa Monica, CA 90401
  • /61

    $11,995 Per Month

    • 4 Beds
    • 3 Baths
    • 2,391 Sq Ft
    • House for Rent

    1328 10th St, Santa Monica, CA 90401

    Welcome to quintessential Santa Monica living at its finest in this charming storybook cottage located in a highly coveted north of Santa Monica Blvd enclave. The perfect blend of period details and modern updates invite you to this absolutely adorable home complete with it's own ADU, providing the perfect private compound featuring a combined total of 4 bedrooms and 3 bathrooms. The main house

    Agent Photo

    John Dowd

    Core Real Estate Group

    1328 10th St, Santa Monica, CA 90401
  • /43

    Starting at $3,495 Per Month

    • 1 - 2 Beds

    12431 Rochester Ave, Los Angeles, CA 90025

    Welcome to Archer, a bespoke collection of one- and two-bedroom residences at the gateway to Santa Monica, located at 12431 Rochester Ave. Archer provides a sleek and modern coastal access point, with superior design in each home for smart and effortless living. All units have private balconies, most that are accessible from both the living room and bedroom to expand your living space. All

    Archer

    12431 Rochester Ave, Los Angeles, CA 90025
  • /14

    $2,595 Per Month

    • 1 Bed
    • 1 Bath
    • 603 Sq Ft
    • Condo for Rent

    2636 Kansas Ave Unit 13, Santa Monica, CA 90404

    TOP FLOOR remodeled light & bright 1 bedroom apartment in a lush garden style complex. One assigned parking spot with pool and laundry on-site. Close to the beach and walking distance to SMC, Whole Foods, Trader Joes and all the great restaurants & shops on Pico & Ocean Park. PET FRIENDLY for well behaved dogs.

    Agent Photo

    Kevin Krakower

    Douglas Elliman of California, Inc.

    2636 Kansas Ave Unit 13, Santa Monica, CA 90404
  • /23

    Starting at $3,400

    Total Monthly Price

    • 1 - 3 Beds

    1550 Lincoln Blvd, Santa Monica, CA 90401

    Discover 1550 Lincoln, a refined coastal retreat in the heart of Santa Monica.This boutique residence blends modern sophistication with effortless comfort. From its striking architectural presence to impeccably curated interiors, every detail is intentional.Enjoy elevated rooftop living with thoughtfully designed spaces for relaxation and connection. Gather around the Outdoor Gas

    1550 Lincoln

    1550 Lincoln Blvd, Santa Monica, CA 90401
  • /17

    $2,800 Per Month

    • 1 Bed
    • 1 Bath
    • 502 Sq Ft
    • Condo for Rent

    2954 Exposition Blvd Unit 1, Santa Monica, CA 90404

    Sun-lit first-floor 1BD/1BA residence offering a sophisticated open-concept design, in-unit laundry, AC, and all appliances included, with tranquil tree-lined views of the street and the park across the way. Recently remodeled, this refined home features a thoughtfully curated kitchen with shaker-style cabinetry, granite countertops, stainless steel appliances, and contemporary fixtures

    Agent Photo

    Jen Day

    Harcourts Westside

    2954 Exposition Blvd Unit 1, Santa Monica, CA 90404
  • /30

    Starting at $3,085

    Total Monthly Price

    • Studio - 3 Beds

    1450 Cloverfield Blvd, Santa Monica, CA 90404

    Are you looking for brand new, luxurious apartments in mid-city Santa Monica, CA with space to spread your wings? The Charlie has exactly what you have sought. We offer a selection of apartment floor plans each with 9’ ceilings and an open layout that helps you create the best living space. Each residence has a stainless-steel Samsung appliance package including a 5-burner gas range, euro-style

    The Charlie Santa Monica

    1450 Cloverfield Blvd, Santa Monica, CA 90404
  • /23

    $3,500 Per Month

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    950 Euclid St Unit A, Santa Monica, CA 90403

    This is a bungalow style single family home in a 5 unit complex. The home has no shared walls and its own entrance to give you that much wanted privacy. You have a wonderful outdoor exclusive use patio/garden area to enjoy. The semi-exclusive home is flooded with natural light from the windows throughout the home giving you views of the surrounding garden and courtyard. The spacious home offers 1

    Agent Photo

    Rod Vargas

    Tierra Properties

    950 Euclid St Unit A, Santa Monica, CA 90403
  • /29

    Starting at $3,995 Per Month

    • 1 Bed

    2727 6th St, Santa Monica, CA 90405

    Live steps from the beach at Sixth & Raymond, a boutique apartment community in Santa Monica with stunning coastline views and an unbeatable Ocean Park location. Our spacious one- and two-bedroom apartment homes feature upscale modern designer finishes, granite countertops, stainless steel appliances, wood-style flooring, in-home washer/dryer, rain showers, and LED bathroom mirrors, and included

    Sixth and Raymond

    2727 6th St, Santa Monica, CA 90405
  • /9

    $2,300 Per Month

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    435 Raymond Ave, Santa Monica, CA 90405

    Nestled in the highly sought-after Ocean Park neighborhood of Santa Monica, this charming one-bedroom, one-bath residence offers the perfect blend of coastal living and timeless character. Ideally located just moments from the beach and the vibrant shops, cafes, and restaurants along Main Street, you'll enjoy one of Santa Monica's most desirable and walkable communities. Located within a classic

    Agent Photo

    Edward Wynn

    Compass

    435 Raymond Ave, Santa Monica, CA 90405
  • /31

    Starting at $3,995 Per Month

    • 1 Bed

    1453 3rd Street Promenade, Santa Monica, CA 90401

    Explore your new home above Third Street Promenade in the heart of Downtown Santa Monica. The Residences on Third Street Promenade feature fully renovated luxurious one and two-bedroom apartments. The apartments offer ocean views (in select units), stainless steel kitchen appliances, hardwood flooring, flat screen TV, fireplace, in-unit washer/dryer, walk-in-closets, balconies/patios, ocean

    Residences on Third Street Promenade

    1453 3rd Street Promenade, Santa Monica, CA 90401
  • /26

    $4,050 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    115 Marguerita Ave Unit C, Santa Monica, CA 90402

    Experience a rare opportunity to live in paradise, steps from Palisades Park and the ocean and enjoy bike rides or beach walks along the coast and walk paths . You can gaze from your living room towards the ocean and park views. This stunning remodeled top floor 1 bedroom unit has recessed lighting in the living area, new dual paned windows,high quality carpeting and wainscoting in the dining

    Agent Photo

    Rod Vargas

    Tierra Properties

    115 Marguerita Ave Unit C, Santa Monica, CA 90402
  • /18

    Starting at $2,743

    Total Monthly Price

    • Studio - 3 Beds

    1430 Lincoln Blvd, Santa Monica, CA 90401

    Three distinct properties, one shared spirit. Santa Monica Collection embraces a harmonious way of being, from our well-appointed residences to our laid-back yet refined amenity spaces. Choose from our distinct buildings, each with its own character, yet all united by an effortless, uplifting lifestyle.Greystar California, Inc. dba Greystar Corp. License No. 1525765. Broker: Gerard S. Donohue

    Santa Monica Collection - 1430 Lincoln

    1430 Lincoln Blvd, Santa Monica, CA 90401
  • /57

    $25,000 Per Month

    • 4 Beds
    • 4 Baths
    • 2,417 Sq Ft
    • House for Rent

    936 Palisades Beach Rd, Santa Monica, CA 90403

    Experience the epitome of beachfront living at 936 Palisades Beach Road. Perfectly positioned along the prestigious Gold Coast, this stunning home offers breathtaking ocean views, direct beach access, and a seamless indoor-outdoor flow designed for the ultimate Southern California lifestyle. Inside, the thoughtfully designed interiors feature soaring ceilings, expansive windows, and an

    Agent Photo

    Cindy Ambuehl

    Christie's International Real Estate SoCal

    936 Palisades Beach Rd, Santa Monica, CA 90403
  • /12

    Starting at $3,065

    Total Monthly Price

    • Studio - 3 Beds

    1650 Lincoln Blvd, Santa Monica, CA 90404

    Three distinct properties, one shared spirit. Santa Monica Collection embraces a harmonious way of being, from our well-appointed residences to our laid-back yet refined amenity spaces. Choose from our distinct buildings, each with its own character, yet all united by an effortless, uplifting lifestyle.Greystar California, Inc. dba Greystar Corp. License No. 1525765. Broker: Gerard S. Donohue

    Santa Monica Collection - 1650 Lincoln

    1650 Lincoln Blvd, Santa Monica, CA 90404
  • /18

    Starting at $3,000 Per Month

    • Studio - 1 Bed

    1431 Ocean Ave, Santa Monica, CA 90401

    Looking for a Santa Monica apartment with stunning oceanfront views? Pacific Plaza offers studio and one-bedroom apartment homes in one of the most iconic buildings on Ocean Avenue. Living at Pacific Plaza means enjoying a premier coastal location with spectacular views of the Pacific Ocean. Residents benefit from convenient access to the beach, a wide variety of shopping and dining options, and

    Pacific Plaza

    1431 Ocean Ave, Santa Monica, CA 90401
  • /87

    Starting at $4,995 Per Month

    • 1 - 3 Beds

    700 Broadway, Santa Monica, CA 90401

    Inspired by the rhythm of the coastline, the exterior’s design features sculptural forms, soft curves, and tiered massing that evoke a sense of motion—an architectural expression of life lived ahead of the curve. Offering 67,000 square feet of indoor-outdoor amenities, 700 Broadway redefines how wellness is experienced in Santa Monica—whether it’s an invigorating workout at the onsite

    700 Broadway

    700 Broadway, Santa Monica, CA 90401
  • /65

    Starting at $4,785 Per Month

    • 1 - 2 Beds

    2700-2800 Neilson Way, Santa Monica, CA 90405

    Welcome to The Shores - the premier oceanfront apartments in Santa Monica offering resort-style amenities at the beach. Enjoy stunning views of the Pacific Ocean, Malibu and Catalina from the privacy of your apartment balcony or stroll along Main Street in Santa Monica to explore the trendy boutiques and award winning restaurants.At The Shores, residents enjoy the upscale beach vibe at

    The Shores

    2700-2800 Neilson Way, Santa Monica, CA 90405
  • /61

    Starting at $2,628 Per Month

    • Studio - 3 Beds

    2929 Pennsylvania Ave, Santa Monica, CA 90404

    Secure your Santa Monica address that puts you in the center of your diverse lifestyle. Walking distance to Colorado Center, Water Garden, Oracle, and Lionsgate offices and more, Millennium Santa Monica is conveniently located so that you don't waste time commuting to work and can enjoy living your life and creating the adventures you deserve. We are blocks away from Bergamot Station to take you

    Millennium Santa Monica

    2929 Pennsylvania Ave, Santa Monica, CA 90404
  • /36

    Starting at $3,257 Per Month

    • 1 - 2 Beds

    12301 W Pico Blvd, Los Angeles, CA 90064

    Located in one of LA's most central locations, C on Pico Apartments offers a distinctly contemporary and incredibly convenient living experience on the west side. Our homes feature European-style cabinetry, in-home washer and dryers, lustrous tile backsplashes, smart home technology, and scenic views. At C on Pico, there is something for everyone. Work out in our 24-hour fitness center,

    C on Pico

    12301 W Pico Blvd, Los Angeles, CA 90064
  • /35

    Starting at $4,212 Per Month

    • Studio - 3 Beds

    2903 Lincoln Blvd, Santa Monica, CA 90405

    The Wilson offers a refined take on apartments in Santa Monica, CA, a seamless blend of modern design, thoughtful details, and the effortless rhythm of coastal living. Choose from our beautiful studios or our one-, two-, or three-bedroom layouts, each featuring clean finishes such as quartz countertops, stainless steel appliances, and an in-home laundry setup.

    The Wilson

    2903 Lincoln Blvd, Santa Monica, CA 90405
  • /11

    Starting at $2,950 Per Month

    • 1 Bed

    1427 7th St, Santa Monica, CA 90401

    Seventh West Apartments is a chic, controlled-access community in Santa Monica, perfectly situated near downtown dining, shopping, and entertainment, yet just far enough to enjoy peaceful living. Moments from the beach, the 10 freeway, and the Expo line to Culver City, USC, and Downtown LA, our modern 1 and 2 bedroom apartments are pet-friendly and ready to welcome you home. Call today to

    Seventh West Apartments

    1427 7th St, Santa Monica, CA 90401
  • /55

    Starting at $2,850 Per Month

    • Studio

    1659 Ocean Front Walk, Santa Monica, CA 90401

    A Beach Retreat to Call HOMEThe Purser is an established and familiar visual feature of the seafront landscape, which was once the “Atlantic City of the West” with its burgeoning recreational activities on Santa Monica beach from the beginning of the twentieth century.One of the most photographed buildings in Santa Monica, The Purser is the sole physical reminder of Santa Monica’s

    The Purser

    1659 Ocean Front Walk, Santa Monica, CA 90401
  • /36

    Starting at $4,395 Per Month

    • 2 Beds

    1133 10th St, Santa Monica, CA 90403

    Newly remodeled luxury modern apartments with designer selected finishes, hardwood floors, stainless steel appliances & new cabinet throughout. Property located in an upscale residential neighborhood and within walking distance to scenic beach and dining, shopping and entertainment on trendy Montana Ave and 3rd Street Promenade.

    Villa Cordova

    1133 10th St, Santa Monica, CA 90403
  • /17

    Starting at $2,800 Per Month

    • 1 Bed

    1438 10th St, Santa Monica, CA 90401

    Welcome to 1438 10th Street!- Bright, spacious lower unit on a lovely tree-lined street. - Quiet and friendly neighborhood feeling. - Very walkable area, just blocks away from the Third Street Promenade, Santa Monica Pier, and the beach.- Shared private garage parking with remote. - Call directly to book a tour.- If inquiry is provided via email, please include your direct

    1438 10th St, Santa Monica, CA 90401
  • /43

    Starting at $4,395 Per Month

    • 3 Beds

    1352 S Carmelina Ave, Los Angeles, CA 90025

    Welcome to 1352 S Carmelina. Located in West LA, close to Santa Monica and Brentwood. The property consists of 26 newly renovated 1, 2 and 3-bed residences available for lease. All units include washers/dryers and balconies. Kitchen appliances include electric stoves, fridge, dishwasher, and microwave. The layouts are spacious and include engineered wood flooring throughout. This property is

    Felix

    1352 S Carmelina Ave, Los Angeles, CA 90025
  • /15

    Starting at $2,698

    Total Monthly Price

    • Studio - 2 Beds

    1317 7th St, Santa Monica, CA 90401

    Indulge in your apartment oasis and enjoy the fresh sea breeze every day in Santa Monica. Life at the Gibson provides the intimacy and service of a boutique hotel with all the amenities and features you could need. Relax in the lounge with a cup of tea and a book or gather on the roof deck to watch the sun set over the horizon. The perfect setting from sunup on the beach to sundown at home -

    Gibson Santa Monica

    1317 7th St, Santa Monica, CA 90401
  • /50

    Starting at $3,495 Per Month

    • Studio - 2 Beds

    210 Santa Monica Blvd, Santa Monica, CA 90401

    Welcome to the Mayfair Residences, the place to be for downtown Santa Monica's finest modern living. Conveniently located just steps from the Third Street Promenade, Santa Monica Place and a few short blocks from Santa Monica Beach, at the Mayfair Residences you will enjoy the best shopping, gourmet dining, cultural, and entertainment opportunities in Southern California. You will love where you

    Mayfair Residences

    210 Santa Monica Blvd, Santa Monica, CA 90401
  • /34

    Starting at $3,595 Per Month

    • 2 Beds

    1132-1142 Princeton St, Santa Monica, CA 90403

    Newly Reduced Rates!Welcome to 1132–1142 Princeton Street — Where Classic Charm Meets Modern Luxury.Step inside these iconic Santa Monica units, originally crafted in 1948 and masterfully reimagined for today’s lifestyle. Original hardwood floors preserve the vintage soul, while brand-new appliances, in-unit laundry, and air conditioning deliver effortless comfort and

    1132-1142 Princeton Street

    1132-1142 Princeton St, Santa Monica, CA 90403
  • /34

    Starting at $2,100 Per Month

    • 1 Bed

    1530 5th St, Santa Monica, CA 90401

    If you are 55+, and looking for an awesome senior living facility within easy walking distance to public transportation, shops, restaurants, entertainment, and the beach, then Silvercrest Senior Residence is for you. All apartments are unfurnished but include drapes. Private balcony. Laundry rooms on premises. Companion animals only. Minimum proof of monthly income equal to 2x rent (or 2x

    Silvercrest Senior Residence

    1530 5th St, Santa Monica, CA 90401
  • /50

    Starting at $6,500 Per Month

    • 2 Beds

    1318 2nd St, Santa Monica, CA 90401

    Experience the pinnacle of upscale living at Chelsea Santa Monica Apartments. Our luxury apartments in Santa Monica offer unparalleled sophistication, allowing you to immerse yourself in the vibrant culture of Southern California. With top-tier amenities, resort-inspired services, and a prestigious address, you can enjoy urban conveniences while cherishing the peace you deserve.Browse the website

    Chelsea Santa Monica

    1318 2nd St, Santa Monica, CA 90401
  • /26

    Starting at $2,895 Per Month

    • Studio

    3008 Santa Monica Blvd, Santa Monica, CA 90404

    Property Overview:The Stanford West is a modern, luxurious apartment community located in the heart of Santa Monica, within Los Angeles County (ZIP Code 90404). This architecturally stunning building offers an elevated living experience with designer finishes and premium amenities tailored for comfort and convenience.Apartment Features:In-unit washer and dryerCentral

    The Stanford West

    3008 Santa Monica Blvd, Santa Monica, CA 90404
  • /15

    Starting at $2,420 Per Month

    • Studio - 1 Bed

    1502 Broadway, Santa Monica, CA 90404

    Bixby allows you to experience the contagious energy of Santa Monica, where you can find adventure and entertainment at every turn. Choose Bixby for supremely stylish and chic luxury living. If modern style and a great location are things you're looking for in your next home, you won't want to miss Bixby Apartments! Our studio-style and 1 bedroom loft homes provide the living space you need and

    Bixby

    1502 Broadway, Santa Monica, CA 90404
  • /37

    Starting at $2,895 Per Month

    • 1 Bed

    1531 17th St, Santa Monica, CA 90404

    We would love to take you on a tour of our beautiful community! *Floor plan prices listed are market base rents with no additional fees included. All deposits will be one month's rent. For a better understanding of a total monthly rent and possible additional fees, please ask office personnel for further details.*

    17th Street Santa Monica

    1531 17th St, Santa Monica, CA 90404

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Why Live in Santa Monica

Santa Monica's iconic pier features Pacific Park's amusement rides, the historic Looff Hippodrome Carousel, and sweeping ocean views. The 22-mile oceanfront Marvin Braude Bike Trail connects to the Santa Monica Bike Center, while Palisades Park provides stunning sunset vistas and notable landmarks like the Wilshire concrete sculpture. The Third Street Promenade draws visitors with its pedestrian shopping district and street performers, complemented by the upscale boutiques along Montana Avenue and the local atmosphere of Main Street's galleries and shops.

The North of Montana neighborhood features single-family homes with a median price of 6.65 million dollars, while Sunset Park's single-family homes have a median price of 2.52 million dollars. Downtown Santa Monica condos range from a median of 1.325 million dollars for one bedroom to 1.9 million dollars for two bedrooms. The Wilshire Montana area presents more affordable options with one-bedroom condos at a median price of 790,000 dollars and two-bedroom units at 1.399 million dollars.

Property owners pay a 0.69% effective tax rate in Los Angeles County, with a combined sales tax rate of 8.80%. The city's Mediterranean climate maintains temperatures between 60°F and 75°F year-round, with 310 sunny days annually. Public transportation includes the Big Blue Bus system and Metro E Line connecting to downtown LA. The school system includes highly rated institutions such as Lincoln Middle School and Santa Monica High School, both rated A+ by Niche. Private education options include the A+ rated Crossroads School for Arts & Sciences and Windward School. The commute to LAX typically takes 20 to 30 minutes, while downtown Los Angeles lies 15 miles east.

Frequently Asked Questions

How much does it cost to rent a home in Santa Monica, CA?
The median rent for a home in Santa Monica, CA is $4,500 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Santa Monica, CA?
To comfortably afford the median rent in Santa Monica, CA, a household needs to earn roughly $180,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,500 per month in Santa Monica, CA, renters typically need to show $13,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Santa Monica, CA?
In Santa Monica, CA, the price-to-rent ratio is 35.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Santa Monica, CA are best for renting a home?
The best neighborhood for renting in Santa Monica, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Pico, Mid-City Santa Monica, Wilshire Montana, Sunset Park and Downtown Santa Monica, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
413
Median Rent
$4,500
Median Single Family Home Rent
$5,098
Median Townhouse Rent
$5,700
Median Condo Rent
$4,300
How to Rent a Home