Santa Monica, California is a beachfront city in Los Angeles County, known for its iconic pier, luxury shopping, and vibrant culture. With its close proximity to the entertainment capital of the world and abundant sunshine, Santa Monica has become one of the most desirable rental markets in the US.
Santa Monica is home to some of the best public and private schools in the Los Angeles area, including Santa Monica High School, Crossroads School, and New Roads School. The city also boasts a high-performing elementary school district. With its diverse population and excellent educational opportunities, Santa Monica is an ideal place to live for families and young professionals.
The city is divided into several distinct neighborhoods, each with its own unique character and amenities. The most popular neighborhoods for rentals include Downtown Santa Monica, Wilshire Montana, Ocean Park, and Mid City. Each neighborhood offers a wide range of housing options, from luxury apartments to single-family homes.
The average monthly rent for a one-bedroom apartment in Santa Monica is around $2,800, though prices vary widely depending on the neighborhood and amenities. Luxury apartments in popular neighborhoods can cost up to $4,500 per month. Prices for larger homes are also higher, with the average three-bedroom
The average rental prices of apartments, townhouses, condos, lofts, and single family homes in Santa Monica, CA are as follows:
Apartments: $3,999
Townhouses: $4,500
Condos: $4,500
Lofts: $4,500
Single Family Homes: $7,500
Rental prices in Santa Monica, CA have increased significantly over the last 5 years. According to Zillow, the median rent price in Santa Monica was $3,200 in February 2016, and as of February 2021, it had risen to $4,080, representing a 27.5% increase.
The median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Santa Monica, CA are $2,395, $3,500, and $5,500 respectively.
Santa Monica is home to the Santa Monica-Malibu Unified School District, one of the highest-performing school districts in the country. Compared to the rest of the United States, the district is well-funded, offers a wide range of educational opportunities, and has a high graduation rate. According to data from the U.S. Department of Education, the school district ranks in the top 1% for Advanced Placement (AP) test scores, and in the top 7% for student performance on the SAT. Additionally, the district has a graduation rate of nearly 97%, significantly higher than the national average of 84%.
1. Downtown Santa Monica
2. Ocean Park
3. Wilshire Montana
4. Sunset Park
5. Mid-City Santa Monica
1. Ocean Park
2. North of Montana
3. Sunset Park
4. Rustic Canyon
5. Mid-City