Property prices for rent in Santa Monica (California)

The rent prices in real estate in Santa Monica, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$5,501.5
Average price last 6 months
$5.22
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Santa Monica has risen during the last 6 months. In January, the average price per sq.feet was $4.89. In the following month the price per sq.feet rose to $5.22. In the following two months the price per sq.feet has risen 108 %, going from $5.05 to $5.43 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $5.24 to $5.17 during May y June

Average price

When referring to the price in Santa Monica (cities), this has fallen in the last 6 months. The average price for January is $5,764. During February the price had a slight fall till $5,091. During the following two months (March, April) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $5,234 they are 31 % more affordable than the average price for Santa Monica . The properties with the highest average price have 4 bedrooms, Their price is 185 % more expensive than the average. After that we have properties with 3 bedrooms priced at $8,017.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $4.74 / sq.feet, with an average $4.99 / sq.feet price in Santa Monica. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 4 bedrooms with a price at $5.4 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,234 it is 39 % more affordable than the average price in Santa Monica. "Land" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $7,043 it is 81 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $5.29 / sq.feet followed by "Condo" priced at $5.33 / sq.feet. "Townhouse" is the most expensive type of property with a $92 / sq.feet value followed by "Land" with an average price of $77 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Santa Monica
Number of properties used in region California
$5,234
$4.99
9,400
517,526
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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5 Bedroom, Santa Monica California 90404
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