Apartment rents fall 8.1% in Santa Monica, most in LA market
Santa Monica’s rental market has undergone a sharp correction, posting the steepest decline among Los Angeles metro submarkets. As of April, rents have fallen 8.1 percent year-over-year, according to Apartment List, the Santa Monica Daily Press reported. It’s a dramatic reversal from early 2025, when the Palisades fire drove Westside rents upward. Zumper’s data shows an even steeper 12 percent annual drop, while RentCafe reports a modest 0.4 percent decline for larger buildings. The city’s median rent now stands at $2,328, down nearly $200 from a year ago and well below its March 2025 peak of $2,527. One‑bedroom units have fallen from […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Developers, fire victims continue to clash as rebuilding efforts pick up speed
From the Archive: Nearly 1,100 Artworks Hang in This Dutch Countryside Castle
Meg Ryan Has Landed a Buyer for Her $15.3 Million Hamptons Home
LA losing affordable housing as mom-and-pop landlords exit
Inside Althorp, Princess Diana’s 500-Year-Old Ancestral Home
LA County rents near 5-year low as resi supply increases
Obsession: The Linen Bags Saving My Produce
Betsey Johnson Listed Her Modernized 1950s Ranch House in SoCal for $7.5 Million
One of Louis Kahn’s Protégés Designed This $1M Pennsylvania Midcentury With a Koi Pond
Yorba Linda inches closer to certified housing plan amid builder’s remedy threat
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California, 92656, USA