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Santa Monica Rents Dip Then Rise | Venice Beach News
Description
Santa Monica rents edged up 1.4% in July to $2,405 — a small bump after months of decline — but still remain 2.7% lower than last year’s July levels. While the city remains pricier than the broader LA metro (9.6% higher), regional rents dipped 1% over the past year. Year-to-date, Santa Monica is actually up 1.1% compared to this time last year — a hopeful sign, though whether this July uptick signals a real rebound or just a pause remains uncertain.
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