> ## Content Index
> Fetch the complete content index at: https://www.smdp.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Santa Monica Rent Report: October 2023
- URL: https://www.smdp.com/santa-monica-rent-report-october-2023/
- Published: 2023-10-13T13:00:00.000Z
- Updated: 2024-12-04T15:16:18.000Z
- Author: Guest Author
- Tags: News, rent, Santa Monica, #wp, #wp-post, #Import 2025-11-06 12:20

Apartment List has issued its Rent Report for the month of October.

In Santa Monica, the overall median rent in the city stands at $2,203, after rising 2.1% last month. Prices remain down 1.4% year-over-year.

The median rent in Santa Monica rose by 2.1% over the course of September, and has now decreased by a total of 1.4% over the past 12 months. Santa Monica’s rent growth over the past year has been similar to both the state (-2.3%) and national averages (-1.2%).

Nine months into the year, rents in Santa Monica have risen 1.6%. This is a slower rate of growth compared to what the city was experiencing at this point last year: from January to September 2022 rents had increased 10.5%.

If we expand our view to the wider Los Angeles metro area, the median rent is $2,100 meaning that the median price in Santa Monica ($2,203) is 4.9% greater than the price across the metro as a whole. Metro-wide annual rent growth stands at -1.8%, below the rate of rent growth within just the city.

Among the 26 area cities in the Apartment List database, Marina del Rey is currently the most expensive, with a median rent of $4,715\. Long Beach is the metro’s most affordable city, with a median rent of $1,671\. The metro’s fastest annual rent growth is occurring in Torrance (4.7%) while the slowest is in Long Beach (-5.1%).

![](https://storage.ghost.io/c/55/9f/559f9abc-8372-4a2e-8c2d-27386da4e363/content/images/smdp-com/wp-content/uploads/sites/21/2024/07/santa-monica-rent-report_-october-2023-2.jpg)

![](https://storage.ghost.io/c/55/9f/559f9abc-8372-4a2e-8c2d-27386da4e363/content/images/smdp-com/wp-content/uploads/sites/21/2024/07/santa-monica-rent-report_-october-2023-3.jpg)