Match Me With a ManagerProperty Managers in Santa Monica, CA
Compare top property management companies in Santa Monica, CA. Review services and vetting status, then reach out or request a free quote.
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Long-term Residential
Rental market in Santa Monica: above-average rents
Three-bedroom rents in Santa Monica run about 75% above the national average, a clear premium over the national norm. The same data shows Census rent up about 33.8% over five years, renters in 54.1% of homes, and a population of 9,808,667, down 2.7% over five years. The typical home is valued near $834,200, and the median household earns about $90,112 a year, with renters spending a median 34.1% of income on rent.
Market at a glance
Rents & affordability
People & households
Housing stock
Jobs
Day to day, property management in Santa Monica usually means rent pricing, marketing, tenant screening, rent collection, and maintenance. About 53.9% of local housing is single-family, a common focus for rental owners. With vacancy near 6.4%, rent positioning and days on market can shape your return. Area unemployment is 5.3% as of July 2026. See the managers above and ask for a free quote.
All rent figures cover long-term residential leases, not short-term or vacation stays. Commercial rents are not listed, but they generally follow local residential movement, so the signal above still applies to you.
Frequently asked questions
How do rents in Santa Monica compare to the national average?
Measured against the U.S. average: two-bedroom +78%, three-bedroom +75%, four-bedroom +68%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.
Are rents rising in Santa Monica?
Census data shows median gross rent rose about 33.8% across five years.
Is Santa Monica a good market for rental property?
This market has seen rents increase, an advantage for a well-timed purchase. Renters make up 54.1% of households and vacancy sits near 6.4%. Three-bedroom rents run about 75% above the national average, and rents rose about 33.8% over five years.
How strong is rental demand in Santa Monica?
About 54.1% of homes are renter-occupied, and the population of 9,808,667 declined 2.7% over five years. Vacancy runs near 6.4%.
Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (July 2026).
