A swap of rental trends took place this past month, as while national rent prices dropped in November, Santa Monica’s climbed.
According to the November rental report by Apartment
Despite the ever-present challenges of rent prices in the Los Angeles area, the city has surged in rental demand while local rent in Santa Monica continues to fall.
City departments make their cases for a piece of the Measure K-funded pie
During a three-and-a-half hour long study session for Santa Monica City Council, a discussion was held with
Out of the more than 1,200 bills that landed on Gov. Gavin Newsom’s desk from the 2023-2024 California legislative session, two in particular are godsends to renters’ wallets.
Top city officials and housing partners gathered on Oct. 2 to celebrate Santa Monica’s first Permanent Supportive Housing (PSH) project opening in nearly a decade.
It’s no secret that Santa Monica’s unique slice of Los Angeles equates to higher rents, but one report says the city stands above all of its contemporaries in the category.
To the dismay of some and excitement of others, apartment construction continues to boom both nationally and locally, with Santa Monica noted as a particular growth area in Los Angeles County.
Wednesday’s release of the Los Angeles area Consumer Price Index from the U.S. Bureau of Labor Statistics confirmed the feelings of many, as area prices were up by 0.2% in July and up 3.4% from a year ago.
Insights into more lax legislation regarding security deposits came to light in a seemingly minor, administrative agenda item for the Santa Monica Rent Control Board.
