Apartments in 90405

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2603 3Rd St Santa Monica, CA
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How much does it cost to rent an apartment in 90405?

90405 apartments
Bed Type Average Rent Range
Studio $1,850 $1,460 - $2,970
1BR $2,500 $2,100 - $3,630
2BR $3,980 $2,850 - $5,080
3BR $7,000 $4,600 - $8,000
Find an Apartment in 90405
Are you searching for apartments for rent near 90405 Santa Monica, CA? Look no further! Rentable provides a wide selection of rental units in the 90405 zip code area. Currently, there are 100 apartments available for rent in this desirable location.

The average rent in 90405 is $2,890, making it an attractive option for those seeking a vibrant and convenient neighborhood. The minimum rent for the specified floor plan type, studio, starts at $1,458, providing affordable options for renters.

If you're looking for apartments near 90405 in Santa Monica, CA, Rentable's listings provide a comprehensive selection that caters to various preferences and budgets. Explore our apartments for rent in 90405 and find the perfect home for you.

Santa Monica:
November Rent Report

Welcome to the November 2024 Santa Monica Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Santa Monica rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Santa Monica and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Santa Monica average rent prices in the chart below.

Monthly Rent Report

$4,350
$3,260
$2,180
$1,090
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Santa Monica Rent Prices Increase From October to November

Santa Monica rent prices increased over the last month. From October to November, the city experienced a 1.93% increase for the price of a one-bedroom apartment. The rent price for a Santa Monica one-bedroom apartments currently stands at $2,845.0.

When we take a look at the two-bedroom comparison from October to November, Santa Monica experienced a -0.1% decrease for the price of a two-bedroom apartment. The rent price for a Santa Monica two-bedroom apartments currently stands at $4,073.0.

November Prices: Santa Monica vs. Surrounding Areas

Rent Prices in Santa Monica and Surrounding Areas

Rent prices have increased in Santa Monica over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Santa Monica suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Santa Monica suburbs

  • Rents did not decrease in any of the Santa Monica suburbs.

November 2024 Pricing Trends: Santa Monica vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Santa Monica Rent Prices More Affordable Than Major Cities

Rent growth in Santa Monica over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Santa Monica average rent prices appear to be relatively affordable for local residents.

The price for a Santa Monica one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Santa Monica and surrounding area rent prices, take a look at the complete data set below.

Data set for Santa Monica and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.