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 market also 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
Professional property management in Santa Monica typically covers pricing, listings, tenant screening, rent collection, and repairs. 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 5.4% as of August 2026. Check the managers above and get a quote.
Figures reflect long-term residential rentals, not short-term or vacation rentals. Commercial and other non-residential rents are not shown, but they tend to move with the local residential market, so the pattern above still points you in the right direction.
Frequently asked questions
How do rents in Santa Monica compare to the national average?
Versus the national 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 median gross rent rose about 33.8% over the last five years.
Is Santa Monica a good market for rental property?
Rents here have risen in recent years, which can favor owners who buy at the right price. 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?
54.1% of homes are rented, not owned, 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 (August 2026).
