Santa Monica rents dropped for the fifth straight month in January but continue to outpace the growth rate of other LA Metro cities, according to a report released by Apartment List on Thursday.

The overall median rent in the city fell -0.8 percent to $2,182 per month and has now increased by 6.3 percent year-over-year over the past 12 months.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2023/January-2023/01_31_2023_Santa_Monica_Tops_LA_Region_in_Rent_Growth.html