$25,000 Per Month
- 4 Beds
- 4 Baths
- 2,417 Sq Ft
- House for Rent
936 Palisades Beach Rd, Santa Monica, CA 90403
936 Palisades Beach Rd, Santa Monica, CA 90403
Frequently Asked Questions
How much does it cost to rent a single-family home in Santa Monica, CA?
The median rent for a single-family home in Santa Monica, CA is $5,000 per month, though prices vary by neighborhood, size, and property type. As of July 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 $170,880 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 $4,272 per month in Santa Monica, CA, renters typically need to show $12,816 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 35.6, 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 single-family 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 single-family home include Pico, Mid-City Santa Monica, Northeast, Sunset Park and Ocean Park, each with its own character and price range.
