Santa Monica rents rose by less than 1 percent last month after falling flat in April, according to Apartment List's monthly report released Wednesday.

The 0.8 percent increase in May brings the year-over-year rent growth in Santa Monica to 12.5 percent, compared to a 9.9 percent drop at this time last year, based on listings posted on the popular rental site.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2022/June-2022/06_01_2022_Santa_Monica_Rents_Sees_Small_Monthly_Rise.html