Rents in Santa Monica dipped by 1.8 percent last month, marking the first decrease since last December, according to Apartment List's latest monthly report.

The drop comes as rents nationwide grew by 0.1 percent, the lowest month-to-month increase this year, according to the report released Monday.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2021/December-2021/12_01_2021_Santa_Monica_Rents_Drop_for_First_Time_This_Year.html